February 06th, 2018

Star Financial Services, Inc. v. Cardtronics USA, Inc.

Docket: 17-30258
Opinion Date: February 2, 2018
Judge: Per Curiam
Areas of Law: Contracts

The Fifth Circuit reversed the district court's grant of summary judgment for Cardtronics in a breach of contract action alleging that Cardtronics failed to correct certain account information, which resulted in approximately $250,000 of misdirected funds. The court held that the district court misread the contract and that Cardtronics was obligated to use correct account information after receiving updated Terminal Set-up Forms to ensure proper set up of Star Financial's ATMs. Accordingly, the court remanded for the district court to determine in the first instance whether Cardtronics breached its obligation under the contract and the appropriate damages, if any.