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BANKMANAGERS CORPORATION v. FEDERAL INSURANCE COMPANY

Case No. 11-C-871.

BANKMANAGERS CORPORATION, and PARK BANK, Plaintiffs, v. FEDERAL INSURANCE COMPANY, and KOSS CORPORATION, Defendants.

United States District Court, E.D. Wisconsin.

September 12, 2012.

DECISION AND ORDER

RUDOLPH T. RANDA, District Judge.

The Plaintiffs, Bankmanagers Corporation ("Bankmanagers") and its subsidiary, Park Bank (collectively the "Plaintiffs"), filed this declaratory judgment action against the Defendants, Federal Insurance Company ("Federal") and Koss Corporation ("Koss"). The Plaintiffs seek a declaration of Federal's obligation to indemnify the Plaintiffs under a financial institution bond, Community Bank Bond No. 81944155...

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