1. Home
  2. Browse Decisions
  3. N.J.
  4. 155 N.J.
  5. 155 N.J. Super. 381 (1977)
 

FEDERAL DEPOSIT INS. CORP. v. PIONEER STATE BANK

155 N.J. Super. 381 (1977)

382 A.2d 958

FEDERAL DEPOSIT INSURANCE CORPORATION, LIQUIDATOR OF THE BANK OF BLOOMFIELD, FORMERLY ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEW JERSEY, PLAINTIFF, v. PIONEER STATE BANK, A BANKING INSTITUTION ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEW JERSEY, DEFENDANT.

Superior Court of New Jersey, Law Division.

Decided November 29, 1977.

Attorney(s) appearing for the Case

Messrs. Parsons, Canzona, Blair and Warren, attorneys for plaintiff (Mr. John Warren, Jr., of counsel).

Messrs. Giordano, Halleran & Crahay, attorneys for defendant (Mr. John R. Orlovsky, of counsel).

YANOFF, J.C.C., Temporarily Assigned.

The issues herein arise as the result of the insolvency of the Bank of Bloomfield (Bloomfield).

On January 10, 1976 the Commissioner of Banking of New Jersey, by reason of such insolvency, took possession of the business and property of Bloomfield. On the same day the Commissioner transferred certain of the assets of Bloomfield to First National State Bank of New Jersey (assuming bank), which assumed some of the liabilities...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases