Manley, Bennett, McDonald & Co. v. St. Paul Fire & Marine Insurance Co.
1986.C06.41272 ; 791 F.2d 460
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Descrição da editora
This is a declaratory judgment action arising out of two stockbrokers fidelity bonds issued by St. Paul, committing it to indemnify Manley, Bennett, a stockbrokerage firm, against dishonest of fraudulent acts by its own general partners or employees. Because we find that this case is an inappropriate one for declaratory judgment, we vacate the judgment of the District Court and remand for dismissal.