Legal Opinion
New Amsterdam v. National Newark
New Jersey Court of Chancery
Decided December 5, 1934PublishedCited by 21 opinions
1Opinion of the Court
The bill counts purely in tort for damages, charging the banks as participants in Hendricks' embezzlement of receivership funds of the insolvent Earl Radio Corporation. The charges of participation are confined to diversion of funds from receivership bank accounts (the bill treats the deposits in the "H.G. Hendricks Receiver" accounts in the Franklin-Washington Trust Company and the Livingston State Bank, as receivership accounts) to Hendricks' personal bank accounts and the bank account of his company, Livingston Sand and Gravel Company, by means of the items above listed. The charges are…
2Cases cited24 opinions
- National Bank v. Insurance Co.Supreme Court of the United States · 1881
- Bischoff v. . Yorkville BankNew York Court of Appeals · 1916
- Allen v. Puritan Trust Co.Massachusetts Supreme Judicial Court · 1912
- Whiting v. . Hudson Trust Co.New York Court of Appeals · 1923
- Fidelity & Deposit Co. v. Queens County Trust Co.New York Court of Appeals · 1919
19 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Leeds v. Chase Manhattan BankNew Jersey Superior Court Appellate Division · 2000
- Borbely v. Nationwide Mutual InsuranceDistrict Court, D. New Jersey · 1981
- Rite Aid Corp. v. HagleyCourt of Appeals of Maryland · 2003
- Wadia Enterprises, Inc. v. HirschfeldConnecticut Appellate Court · 1992
- General Insurance Co. of America v. Commerce Bank of St. CharlesMissouri Court of Appeals · 1974
16 more not listed; retrieve them via the Exa API.