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Legal Opinion

State v. American Banking Insurance

New Jersey Superior Court Appellate Division

Decided March 18, 1993Published

1Opinion of the Court

The opinion of the court was delivered by

PETRELLA, P.J.A.D.

This appeal by American Banking Insurance Company of Florida (American) and Louis Russo Bail Bond Agency (Russo Agency) is from a Law Division decision which forfeited to the State certain real property owned by one Pedro Gonzalez. The property was encumbered by a mortgage given as security for a bond posted by American to ensure the appearance of Pedro Gonzalez in court on various drug charges.

Although Gonzalez owned the property at 364-366 Whiton Street in Jersey City (the property), when he was arrested on May 20, 1990, he did not…

2Cases cited21 opinions

  1. United States v. StowellSupreme Court of the United States · 1890
  2. United States v. Parcel of Rumson, NJ, LandSupreme Court of the United States · 1993
  3. United States v. 1960 Bags of CoffeeSupreme Court of the United States · 1814
  4. Henderson's Distilled SpiritsSupreme Court of the United States · 1872
  5. Spagnuolo v. BonnetSupreme Court of New Jersey · 1954

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