Legal Opinion
New Jersey Title Insurance v. Caputo
New Jersey Superior Court Appellate Division
Decided February 19, 1999PublishedCited by 2 opinions
1Opinion of the Court
The opinion of the court was delivered by
BAIME, P.J.A.D.
Joseph Caputo, a lawyer, embezzled loan funds that had been deposited in his attorney trust account at National State Bank (National Bank).1 The loan funds had been earmarked for the payment of mortgages on properties purchased by Caputo’s clients. New Jersey Title Insurance Company (New Jersey Title) paid the mortgages and sued National Bank, contending that the bank had acted in bad faith by permitting Caputo to withdraw funds in cash or by certified check payable to himself from his attorney trust account. The Law Division granted…
2Cases cited13 opinions
- Peper v. Princeton University Board of TrusteesSupreme Court of New Jersey · 1978
- Rothman v. RothmanSupreme Court of New Jersey · 1974
- Gibbons v. GibbonsSupreme Court of New Jersey · 1981
- Skulski v. NolanSupreme Court of New Jersey · 1975
- Coeur D'Alene Mining Co. v. First National BankIdaho Supreme Court · 1990
8 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- New Jersey Title Insurance v. CaputoSupreme Court of New Jersey · 2000
- Jorge Nogueira v. Zoll Respicardia, Inc.District Court, D. New Jersey · 2026