Legal Opinion

American Fidelity Fire Insurance v. Paste-Ups Unlimited, Inc.

District Court, S.D. New York

Decided January 7, 1974No. 73 Civ. 617 (MP)PublishedCited by 10 opinions

1Opinion of the Court

DECISION AND OPINION

POLLACK, District Judge.

This is a federal interpleader suit arising under 28 U.S.C. § 1335 to determine the conflicting claims to the proceeds of a $50,000 certificate of deposit issued by a Florida bank to Deductible (Deductible Coverage Agency, Inc.), an insurance agency.

Deductible pledged the certificate of deposit with a New York based insurer, American (American Fidelity Fire Insurance Company) as security for the former’s liabilities under a contract between those companies.

While the certificate of deposit was still in American’s possession in New York, Deductible…

2Cases cited71 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
  3. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  4. Hanson v. DencklaSupreme Court of the United States · 1958
  5. Fuentes v. ShevinSupreme Court of the United States · 1972

66 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. Skandia America Reinsurance Corp. v. SchenckDistrict Court, S.D. New York · 1977
  2. Surowitz v. New York City Employees' Retirement SystemDistrict Court, S.D. New York · 1974
  3. Ackerman v. AckermanDistrict Court, S.D. New York · 1981
  4. Frances Ackerman v. Martin S. AckermanCourt of Appeals for the Second Circuit · 1982
  5. Money Management, Inc. v. VetereCivil Court of the City of New York · 1981

5 more not listed; retrieve them via the Exa API.

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