Legal Opinion
Valley National Bank v. Lavecchia
District Court, D. New Jersey
Decided August 13, 1999No. CIV. A. 99-1222Published
1Opinion of the Court
OPINION
WALLS, District Judge.
Factual Background
Plaintiff Valley National Bank (“Valley”) owns all of the shares of plaintiff Wayne Title, Inc. (“Wayne”). Valley acquired Wayne to allow it to sell insurance products. Defendant Jaynee LaVecchia (“the Commissioner”) is the Commissioner of the New Jersey Department of banking and Insurance (“the Department”).
Valley has opened a branch in Riverdale, New Jersey, a town with a population of 2,370 people, and Wayne Title will also be located in Riverdale. Wayne Title has entered into an employment agreement with a licensed insurance producer to sell…
2Cases cited20 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Ex Parte YoungSupreme Court of the United States · 1908
- Caterpillar Inc. v. WilliamsSupreme Court of the United States · 1987
- Franchise Tax Bd. of Cal. v. Construction Laborers Vacation Trust for Southern Cal.Supreme Court of the United States · 1983
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