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TRAVELERS CAS. AND SUR. CO. v. BANCORP BANK

Civ. No. 09-233-SLR.

691 F.Supp.2d 531 (2009)

TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, Plaintiff, v. The BANCORP BANK, Defendant.

United States District Court, D. Delaware.

October 30, 2009.

Attorney(s) appearing for the Case

Paul Cottrell, Esquire of Tighe & Cottrell, P.A., Wilmington, DE, for Plaintiff. Of Counsel: Neil L. Henrichsen, Esquire and Helen H. Albee, Esquire of Henrichsen Siegel, P.L.L.C., Jacksonville, FL.

Jeffrey S. Cianciulli, Esquire and Susan Verbonitz, Esquire of Weir & Partners LLP, Wilmington, DE, for Defendant.

MEMORANDUM OPINION

ROBINSON, District Judge.

I. INTRODUCTION

Plaintiff Travelers Casualty and Surety Company of America ("plaintiff") brought this common law negligence action against defendant Bancorp Bank ("defendant") on April 7, 2009. (D.I. 1) Plaintiff is the fidelity insurer of The Benefit Consultants Group, Inc. ("Benefit"). (Id. at 2) Plaintiff claims that defendant breached its duty of care owed to Benefit by accepting unauthorized...

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