Legal Opinion
Clover Square Associates v. Northwestern Mutual Life Insurance
District Court, D. New Jersey
Decided December 16, 1987No. Civ. A. 87-2906PublishedCited by 4 opinions
1Opinion of the Court
OPINION
CLARKSON S. FISHER, District Judge.
Before the court are cross-motions for summary judgment in this 28 U.S.C. § 1332(a) diversity action. Plaintiff, Clover Square Associates (hereafter “CSA”), has filed this action challenging the validity of various provisions of its mortgages, held by Northwestern Mutual Life Insurance Company (hereafter “Northwestern”), which prohibit prepayment of the mortgages prior to January 1, 1991.
In the first count, plaintiff seeks a declaratory judgment holding the provisions of the mortgages in question to be void as an absolute restraint on alienation, a…
2Cases cited4 opinions
- Century Fed. Sav. & Loan Assn. v. Van GlahnNew Jersey Superior Court Appellate Division · 1976
- Shalit v. Investors Savings & Loan Ass'nNew Jersey Superior Court Appellate Division · 1968
- Bloomfield Sav. Bank v. Howard S. Stainton and Co.New Jersey Superior Court Appellate Division · 1960
- United States v. BillsDistrict Court, D. New Jersey · 1986
3Cited by4 opinions
- Warrington 611 Associates v. Aetna Life InsuranceDistrict Court, D. New Jersey · 1989
- Appeal of Northwestern Mutual Life Insurance CompanyCourt of Appeals for the Third Circuit · 1989
- Clover Square Associates v. Northwestern Mutual Life Insurance CompanyCourt of Appeals for the Third Circuit · 1989
- Picker International, Inc. v. Varian Associates, Inc.Court of Appeals for the Federal Circuit · 1989