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Daily Archives: Wednesday, January 28, 2015

Posted: January 28, 2015

First Department Analyzes “Manifest Intent” Requirement in Fidelity Bond

On January 22, 2015, the First Department issued a decision in Keybank N.A. v. National Union Fire Insurance Co. of Pittsburgh, PA, 2015 NY Slip Op. 00614, analyzing the “manifest intent” requirement in a fidelity bond. In Keybank, the plaintiff sought to recover on a fidelity bond. The First Department affirmed the trial court’s denial… Read more »