WACHOVIA BANK, N.A. v. FOSTER BANCSHARES, INC.

No. 05-3703.

457 F.3d 619 (2006)

WACHOVIA BANK, N.A., Plaintiff-Appellee v. FOSTER BANCSHARES, INC., and Foster Bank, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided July 24, 2006.

Rehearing Denied August 16, 2006.


Attorney(s) appearing for the Case

Roger A. Lewis (argued), Goldberg, Kohn, Bell, Black, Rosenbloom & Moritz, Chicago, IL, for Plaintiff-Appellee.

Stanley R. Parker (argued), Parker & Hay, Topeka, KS, for Defendants-Appellants.

Before POSNER, EASTERBROOK, and WOOD, Circuit Judges.


POSNER, Circuit Judge.

This diversity suit pits two banks (for unexplained reasons, the defendant bank's parent was also joined as a defendant) against each other in a quarrel over liability for a forged or altered check.

A customer of Foster Bank named Choi deposited in her account a check for $133,026 that listed her as the payee. The check had been drawn on Wachovia Bank by a company called MediaEdge that had an account with that bank. Foster presented...

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