CHEATHAM v. HUNTINGTON NAT. BANK

No. 2018-0184.

137 N.E.3d 45 (2019)

157 Ohio St.3d 358

2019-Ohio-3342

Paul CHEATHAM I.R.A., Appellee, v. HUNTINGTON NATIONAL BANK, Appellant.

Supreme Court of Ohio.

Decided August 22, 2019.


Attorney(s) appearing for the Case

Strauss Troy and Ronald R. Parry , Cincinnati, for appellee.

Porter, Wright, Morris & Arthur, L.L.P., Kathleen M. Trafford , Columbus, and Jay A. Yurkiw , Columbus, for appellant.

Thompson Hine, L.L.P., Scott A. King , Dayton, Brian J. Lamb , Cleveland, and Terry W. Posey Jr. , Dayton, urging reversal for amicus curiae American Bankers Association.

Dennis D. Hisch , urging reversal for amici curiae commercial-law professors.


{¶ 1} This case presents a question of first impression regarding the rights of a bondholder to seek redress for injuries suffered by a prior holder of the bonds. At common law, only the person who suffered the injury can, absent assignment of a chose in action, seek redress for the injury. The Sixth District Court...

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