Ohio Court Refuses To Dismiss Claims Against Bank For Allegedly Unauthorized And Unverified ACH Debits

LexisNexis ( July 5, 2018, 2:16 PM EDT) -- A recent decision from an Ohio federal district court allows an insurer of two limited partnerships to proceed to trial on UCC claims involving allocation of loss for unauthorized/unverified funds transfers. The Ohio case is the most recent application of the UCC Article 4A rules....