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U.S. BANK NAT. ASS'N v. HMA, L.C.

No. 20050236.

169 P.3d 433 (2007)

2007 UT 40

U.S. BANK NATIONAL ASSOCIATION, Plaintiff, Counterclaim Defendant, and Appellee, v. HMA, L.C., Robert Michael Anderson, and Robert Henry Anderson, Defendants, Counterclaimants, and Appellant.

Supreme Court of Utah.

Rehearing Denied August 2, 2007.

Attorney(s) appearing for the Case

Stephen C. Tingey, Brent D. Wride, Cameron M. Hancock, Salt Lake City, for plaintiff.

Ronald W. Ady, Salt Lake City, for defendants.

NEHRING, Justice:

¶ 1 HMA, the appellant before us, is a business engaged in real estate development. HMA deposited a large check in its account with U.S. Bank. HMA then wrote a check on its U.S. Bank account to pay obligations HMA owed Barnes Bank. U.S. Bank paid the check that HMA wrote to Barnes Bank.

¶ 2 In the meantime, the maker of the check that HMA deposited, a check we will call the Woodson check in honor of its maker, stopped payment on...

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