Legal Opinion
American Casualty Co. v. Continisio
District Court, D. New Jersey
Decided March 30, 1993No. Civ. A. No. 91-5107PublishedCited by 20 opinions
1Opinion of the Court
OPINION
GERRY, Chief Judge.
This is a declaratory judgment action brought by two insurance companies against the former directors and officers of a failed Savings and Loan Association, seeking a declaration that directors’ and officers’ liability insurance written by the insurance companies does not cover a suit brought by the Federal Deposit Insurance Corporation against the former directors and officers.
BACKGROUND
In May 1991, the Federal Deposit Insurance Corporation (“FDIC”) filed suit against fourteen former directors and officers (“the directors”) of First Federal Savings and Loan of…
2Cases cited38 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Brillhart v. Excess Insurance Co. of AmericaSupreme Court of the United States · 1942
- Weedo v. Stone-E-Brick, Inc.Supreme Court of New Jersey · 1979
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3Cited by20 opinions
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Gus S. Mijalis, and Gus S. MijalisCourt of Appeals for the Fifth Circuit · 1994
- American Casualty Co. v. BakerCourt of Appeals for the Ninth Circuit · 1994
- Pittston Co. Ultramar America Ltd. v. Allianz InsuranceCourt of Appeals for the Third Circuit · 1997
- Pittston Co. v. Allianz InsuranceDistrict Court, D. New Jersey · 1995
- American Casualty Company of Reading, Pennsylvania, and Continental Casualty Company Cna Financial Corporation Cna Insurance Companies, Counterclaim-Defendants-Appellants v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Ernest W. Baker, and Peter T. Fletcher, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, and Franklin D. Hatridge Defendant-Counter-Claimant-Appellant v. Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees, and Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher, Bernard Baker, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris, Jr., Defendants-Counter-Claimants-Appellants, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees, Resolution Trust Corporation, Defendant-Intervenor-Appellant. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, John E. Egdahl Walter L. Huckabay Joe D. McCarthy Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter, Defendants-Counter-Claimants-Appellants, William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-Intervenor. American Casualty Company of Reading, Pennsylvania, Plaintiff-Appellee-Cross-Appellant v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge James D. Stroffe Bruce Kehrli Peter T. Fletcher Bernard Baker, Defendants-Appellants-Cross-Appellees, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants-Appellees-Cross-Appellants, Resolution Trust Corporation, Defendant-Intervenor-Appellant-Cross-Appellee. American Casualty Company of Reading, Pennsylvania v. Joe G. Baker Verne F. Potter William E. Leonard James C. Roberts Frank Purcell, Jr. Joe Sax H. Cedric Roberts Ernest W. Baker Harold Harris John E. Egdahl Walter L. Huckabay Joe D. McCarthy Franklin D. Hatridge Peter T. Fletcher Bernard Baker, Bruce A. Kehrli James D. Stroffe, Continental Casualty Company Cna Financial Corp. Cna Insurance Co., Counter-Defendants, Resolution Trust Corporation, Defendant-IntervenorCourt of Appeals for the Ninth Circuit · 1994
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