Legal Opinion
Fidelity & Deposit Co. of Md. v. Hudson United Bank
District Court, D. New Jersey
Decided June 23, 1980No. Civ. A. 78-357PublishedCited by 8 opinions
1Opinion of the Court
OPINION
SAROKIN, District Judge.
This is an action by an insurer, Fidelity & Deposit Company of Maryland (“F&D”), for rescission of a banker’s blanket bond alleging fraud by the insured, Hudson United Bank (“the Bank”), in procuring the bond. The Bank counterclaimed for recovery of certain losses allegedly compensable under the policy’s employee dishonesty provision and other provisions. F&D moved, pursuant to Fed.R.Civ.P. 42(b), to bifurcate the claim for rescission. The motion was granted, and trial was held on the rescission claim only. The cause was tried by the Court without a jury.
The…
2Cases cited50 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Stipcich v. Metropolitan Life InsuranceSupreme Court of the United States · 1928
- MERCHANTS IND. CORP., OF NY v. EgglestonSupreme Court of New Jersey · 1962
- Daily v. SombergSupreme Court of New Jersey · 1958
- John McShain Inc. v. Cessna Aircraft Company v. Wings, Inc. And Butler Aviation-Friendship, Inc., Third Party v. Summit Aviation, IncCourt of Appeals for the Third Circuit · 1977
45 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Patricia J. McInnis v. A.M.F., Inc., Patricia J. McInnis v. A.M.F., Inc.Court of Appeals for the First Circuit · 1985
- Fidelity & Deposit Company of Maryland, a Corporation of the State of Maryland v. Hudson United Bank, a Banking Corporation of the State of New JerseyCourt of Appeals for the Third Circuit · 1981
- Lo Bosco v. Kure Engineering Ltd.District Court, D. New Jersey · 1995
- Baker v. Blue Ridge InsuranceNebraska Supreme Court · 1983
- Bender v. Smith Barney, Harris Upham & Co., Inc.District Court, D. New Jersey · 1992
3 more not listed; retrieve them via the Exa API.