Went back to AW3 as my recollection was fuzzy on the exact wording of the Chubb checks.
But the reason I do believe that one party alone cannot deposit the Chubb checks into the Joint Account is that AW3 states the checks are made out to: Fotis Dulos
AND Jennifer Dulos. Had the check been made out to Fotis Dulos
OR Jennifer Dulos then YES, Fotis Dulos could have deposited the check without the signature of Jennifer Dulos.
So, I think this was a bank error and I also believe Fd knew what he was doing was wrong. IMO the bank shouldn't have allowed this to have happened. I also wonder what these checks were for?
Seeing the magnitude of these Chubb checks I am even more disgusted that JFd Atty Midler didn't do more to safeguard the marital assets as it looked like Fd ransacked the joint account and transferred it to his personal and FORE account.
I also find it quite amusing that Atty. P. who accused JFd of 'taking a substantial sum from the joint account' when she left 4Jx somehow didn't reference the Fd actions with the Chubb Checks!
Here is the language from AW3 that describes the checks.
View attachment 224948
But what is also interesting is that technically Fd was only entitled to 1/2 the check proceeds from the Chubb Checks and YET it seems he swept the ENTIRE amount into his personal account i/n/o Fotis Dulos and then eventually to a FORE Group account.
Because of the way the Chubb Checks were made out originally by Chubb I believe that People's Bank of Bridgeport, CT should have required the signatures of BOTH parties in order to deposit the check.