Legal Opinion

North Jersey Savings & Loan Ass'n v. Fidelity & Deposit Co.

New Jersey Superior Court Appellate Division

Decided July 26, 1993PublishedCited by 12 opinions

1Opinion of the Court

ALTERMAN, J.S.C.

This is a motion for partial summary judgment.

The motion addresses Counts I and II of the complaint, alleging fraud and dishonesty of Landbank Equity Corporation, and of North Jersey Savings & Loan’s Vice President, respectively. Other counts of the complaint have been severed and stayed.

On June 7, 1984, Fidelity & Deposit Company of Maryland (F & D) issued a Savings & Loan Blanket Bond to North Jersey Savings & Loan Association (North Jersey). This dispute addresses the applicability of the bond’s provisions to losses sustained by North Jersey in its transaction with Landbank…

2Cases cited34 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
  3. Judson v. Peoples Bank & Trust Co. of WestfieldSupreme Court of New Jersey · 1954
  4. Weedo v. Stone-E-Brick, Inc.Supreme Court of New Jersey · 1979
  5. American Surety Company v. PaulySupreme Court of the United States · 1898

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3Cited by12 opinions

  1. First National Bank of Louisville v. Loretta Lustig, Aetna Casualty and Surety Co., and Federal Insurance Co.Court of Appeals for the First Circuit · 1996
  2. Auto Lenders Acceptance Corp. v. Gentilini Ford, Inc.Supreme Court of New Jersey · 2004
  3. Resolution Trust Corporation v. Fidelity And Deposit Company Of MarylandCourt of Appeals for the Third Circuit · 2000
  4. Cobra Products v. Federal Ins. Co.New Jersey Superior Court Appellate Division · 1998
  5. Hopewell Valley Citizens' Group, Inc. v. Berwind Property Group Development Co.Supreme Court of New Jersey · 2011

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