B a Properties, Inc. v. Aetna Casualty & Surety Co.
District Court, Virgin Islands
1Opinion of the Court
MEMORANDUM
MOORE, District Judge.
I. FACTUAL BACKGROUND
B A Properties, Inc. [“plaintiff’ or “the insured”] is a Delaware corporation with its principal place of business in California. It is a subsidiary of Bank of America Corporation and an affiliate of Bank of America National Trust & Savings Association. (Comply 3.) Bank of America Corporation and Bank of America National Trust & Savings Association loan money for all kinds of projects and take back mortgages on property as security. When, on occasion, a loan goes into default and the mortgage is foreclosed, B A Properties may acquire the…
2Cases cited12 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Norman Buntin v. Continental Insurance CoCourt of Appeals for the Third Circuit · 1978
- Beautytuft, Inc., Jorges Carpet Mills, Inc., and Moccasin Bend Carpet Mills, Inc. v. Factory Insurance AssociationCourt of Appeals for the Sixth Circuit · 1970
- Ebert v. Grain Dealers Mutual Insurance CompanyIndiana Court of Appeals · 1973
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3Cited by1 opinion
- Bronx Entertainment, LLC v. St. Paul's Mercury InsuranceDistrict Court, S.D. New York · 2003