Legal Opinion
The Bank of New Jersey, a Banking Corporation of the State of New Jersey v. Aaron Heine
Court of Appeals for the Third Circuit
Decided July 20, 1972No. 71-1768PublishedCited by 10 opinions
1Opinion of the Court
OPINION OF THE COURT
SEITZ, Chief Judge.
Defendant appeals from an order of the district court granting plaintiff a summary monetary judgment.
Aaron Heine (“the defendant”) entered into a “General Unconditional Guarantee” with plaintiff Camden Trust Company (“the Bank”).. 1 At the time of signing defendant was principal shareholder and president of Ranier’s Dairies, Inc. (“the Dairy”). The guarantee secured repayment of a loan thereafter negotiated between the Bank and the Dairy. Essentially, it provided that, in the event the Dairy defaulted with regard to any provision of the loan agreement,…
2Cases cited5 opinions
- Nation Wide, Inc. v. ScullinDistrict Court, D. New Jersey · 1966
- Superior Finance Corp. v. John A. McCrane Motors Inc.Supreme Court of New Jersey · 1936
- Pfeiffer v. CrossleySupreme Court of New Jersey · 1918
- St. Paul Fire & Marine Ins. v. NJ BK. & TR.New Jersey Superior Court Appellate Division · 1969
- United States Rubber Co. v. Champs Tires, Inc.New Jersey Superior Court Appellate Division · 1962
3Cited by10 opinions
- United States Ex Rel. Small Business Administration v. MorrisDistrict Court, E.D. Pennsylvania · 1981
- Ford Motor Credit Co. v. LototskyDistrict Court, E.D. Pennsylvania · 1982
- Fireman's Fund Insurance Company v. Joseph J. Biafore, Inc.Court of Appeals for the Third Circuit · 1975
- United States v. H & S REALTY CO.District Court, D. Maine · 1986
- Gambo v. Bank of MarylandCourt of Special Appeals of Maryland · 1994
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