Legal Opinion
Commonwealth ex rel. Pennsylvania Securities Commission v. Reliance Development Corp.
Superior Court of Pennsylvania
Decided October 20, 1978No. Nos. 850 and 864PublishedCited by 4 opinions
1Opinion of the Court
CERCONE, Judge:
The instant appeal arises from a final decree in equity denying the claims of Mr. and Mrs. Anthony Merlo and the receiver for Reliance Development Corp. to a fund of money currently held in escrow by Bushkill Twp. in Northampton County. The effect of the decree was to award the fund to Bushkill Twp. We find this decree in error, and will reverse and remand for further proceedings. The relevant facts are as follows.
In March, 1969 Reliance Development Corp. purchased a parcel of land in Northampton County upon which it intended to develop a residential housing plan. In…
2Cases cited1 opinion
- Gallagher, Magner & Solomento, Inc. v. Aetna Casualty & Surety Co.Superior Court of Pennsylvania · 1969
3Cited by4 opinions
- Hellam Township v. DiCiccoSuperior Court of Pennsylvania · 1981
- Township of Bensalem v. American Fidelity Fire Insurance Co. v. Central Penn National Bank v. Alten, Eugene J., American Fidelity Fire Insurance CompanyCourt of Appeals for the Third Circuit · 1981
- Township of Bensalem v. American Fidelity Fire InsuranceCourt of Appeals for the Third Circuit · 1981
- Com. Ex Rel. Pa., Etc. v. Reliance Dev.Superior Court of Pennsylvania · 1978