Attorney Profiles
Stephen L. Baskind Dallas, Texas
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Stephen Baskind has been practicing for more than 30 years and practices primarily in the Commercial Litigation area. For many years, Stephen emphasized litigation involving financial institution bonds (including defending financial institutions), commercial fidelity bonds and insurance coverage issues involving fidelity policies as well as related bad faith claims. Stephen's current commercial litigation practice now includes representation of banks, credit unions, insurers, businesses, individuals, and all types of commercial litigation such as:
commercial and contract disputes
uniform commercial code matters (articles 3 and 4)
credit union and banking issues and related matters
deceptive trade practices
fidelity law
legal professional malpractice defense
insurance issues
Representative Cases
Richardson Nat'l Bank v. Reliance Ins Co., 619 F.2d 557 (5th Cir. 1980) represented a bank in litigation involving a banker's blanket bond regarding Insuring Agreement E and concerning allegedly "forged" manufacturer's statements of origin.
First Nat'l Bank v. F&CNY, 634 F.2d 1000 (5th Cir. 1981) represented a financial institution bond insurer regarding issues of discovery of loss and compliance with conditions precedent, including proof of loss.
Hixon v. Cox, 633 S.W.2d 330 ( Tex. App.--Dallas 1982, writ ref'd n.r.e.) represented the issuer of a check in case involving whether accord and satisfaction principles apply a check delivered in payment of a disputed debt.
Fidelity & Cas. v. First City Bank, 675 S.W.2d 316 (Tex. App.--Dallas 1984, writ ref's n.r.e.) represented a bank in negotiable instrument case involving forged endorsements and application of the no interest payee rule of UCC section 3.405.
Charter Bank v. Evanston Ins. Co., 791 F.2d 379 (5th Cir. 1986) represented a bank in a case involving coverage under a financial institution bond regarding allegedly "altered" certificates of deposit.
Travelers Indem. Co. v. Dahlen, 734 S.W.2d 729 ( Tex. App. Dallas 1987) represented a surety in suit against indemnitors regarding a miscellaneous bond and allegations of material alteration of underlying risk.
McDowell v. Dallas Teachers Credit Union, 772 S.W.2d 183 ( Tex. App.--Dallas 1987, no writ) represented a credit union in a case involving forged checks and application of the repeater rule of UCC section 4.406.
Reliance Ins. Co. v. Capital Bank, 912 F.2d 756 (5th Cir. 1990) represented a financial institution insurer in a case involving Insuring Agreement E regarding allegedly "counterfeit" stock certificates.
Knights of Columbus Credit Union v. Stock, 814 S.W.2d 427 (Tex. App.--Dallas 1991, writ denied) represented a credit union in a case involving issues relevant to the notice of sale of collateral following default by the borrower.
First Texas v. Reliance Ins. Co., 950 F.2d 1171 (5th Cir. 1992) represented a financial institute bond insurer in a case involving the loan exclusion and allegations of insurer bad faith.
Matter of World Hospitality, 983 F.2d 650 (5th Cir. 1993) represented a commercial fidelity bond insurer in a case involving issues relevant to the definition of "employee" and the "alter ego" defense.
American Airlines Emp. Fed. Credit Un. V. Martin, 29 S.W.3d 86 (Tex. 2000) represented a credit union in a case involving the validity of shortened notice provisions in an account deposit agreement as relevant to UCC section 4.406.
Buck v. U.S. Fidelity & Guaranty Co., 2003 WL 22860932 (Tex. App.-- Corpus Christi 2003, no pet.) represented lost stock bond surety and stock issuer in a matter involving lost stock certificates.
Borinski v. Williamson, 2004 WL 433746 (N.D. Tex. 2004) represented a credit union in a case involving issues relevant to the Right to Financial Privacy Act and the Fair Credit Reporting Act.
Owens v. Comerica Bank, 229 S.W.3d 544 (Tex. App.-- Dallas 2007, no pet.) represented bank in case involving deposit of $1.9 million of fraudulently deposited checks in which Court holds bank violated no duty to check issuer.
- Commercial Litigation
- Fidelity Law
- Legal Professional Malpractice
- Uniform Commercial Code (articles 3 and 4)
- Credit Union & Banking Disputes and Litigation
- Insurance
- Texas, 1976
- U.S. District Court Northern District of Texas
- U.S. District Court Southern District of Texas
- U.S. District Court Western District of Texas
- U.S. District Court Eastern District of Texas
- U.S. Court of Appeals 5th Circuit
- Texas Tech University School of Law, Lubbock, Texas,
1976
J.D. Honors: Order of the Coif Honors: With Honors
Law Review:
Texas Tech Law Review, Articles Editor, 1975 - 1976
- University of Texas, 1973, Austin, Texas
Bachelor of Journalism
- Contributor, The Commercial Blanket Bond Annotated (ABA/TIPS), American Bar Association, 1985
- Contributor, Fidelity Law Topical Outline and Bibliography (ABA/TIPS), American Bar Association, 1989
- Recoveries: Policy Provisions, Rights Against Third Parties, Bankruptcy Issues, American Bar Association, 1991
- Defending Insurers and Their Agents, State Bar of Texas, 1991
- National Institute: Financial Institution Bonds, The Loan and Uncollected Funds Exclusions (ABA/TIPS) (Co-Author), American Bar Association, 1992
- Repossessions and Foreclosures, State Bar of Texas, 1995
- Who Ultimately Bears the Loss--Assignment, Subrogation and Risk Allocation Pursuant to the Uniform Commercial Code, American Bar Association, 1996
- Deposit Agreements Between Banks and Their Customers: The Texas Supreme Court Settles the Shortened Notice Provision Question, 32 Tex. Tech L. Rev. 191, 2001
- Check Fraud and the Fidelity Insurer (Co-Author), VII Fid. L. J. 53, 2001
- Check Fraud Litigation, 44 FOR THE DEFENSE, No.9 at 56, 2002
- Should We Abandon the Consideration Requirement, 29 DBA Headnotes, No. 5 at 13, 2005
- Course Director, 5th Annual Ultimate Insurance Seminar, State Bar of Texas,
1996
- Speaker, 8th Annual DTP/Consumer/Insurance Course, Repossessions and Foreclosures, State Bar of Texas,
1995
- Course Director, 4th Annual Ultimate Insurance Seminar, State Bar of Texas,
1995
- Course Director/Moderator, 3rd Annual Ultimate Insurance Seminar, State Bar of Texas,
1994
- Co-Moderator, 2nd Annual Ultimate Insurance Seminar, State Bar of Texas,
1993
- Speaker, 3rd Annual Advanced DTPA/Consumer Law Course, Defending Insurers and Their Agents, State Bar of Texas,
1991
- Speaker, Commercial Crime Policy, Recoveries and Subrogation (ABA/TIPS), American Bar Association,
1996
- Speaker, Fidelity & Surety Law Committee Annual Mid-Winter CLE Meeting, Who Ultimately Bears the Loss--Assignment, Subrogation and Risk Allocation Pursuant to the Uniform Commercial Code (ABA/TIPS), American Bar Association,
1996
- Speaker, National Institute: Fidelity Bonds, Recoveries: Policy Provisions, Rights Against Third Parties, Bankruptcy Issues (ABA/TIPS), American Bar Association,
1991
- Winner, Outstanding Lead Article, Texas Tech Law Review, Volume 32,
2001
- Dallas Bar Association
- Member
- American Bar Association
- Member, Fidelity and Surety Committee
- State Bar of Texas, Consumer Law Section Council,
1987
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1997
- Member
- State Bar of Texas, Consumer Law Section Council,
1993
-
1997
- Officer
- State Bar of Texas, Consumer Law Section Council,
1995
-
1996
- Chairman
- State Bar of Texas,
1991
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1996
- Member, Advisory Commission on Legal Specialization in Consumer Law
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