LOEFFLER v. McSHANE


372 Pa.Super. 442 (1988)

539 A.2d 876

Joseph J. LOEFFLER and Margaret A. Loeffler v. Edward J. McSHANE and Rosemary McShane, H/W and Eastern Abstract, Inc. and First American Title Insurance Company and Charles J. Zone and Erma Moore and Stephen McShane and Freida McShane, Co-Partners T/A McShane Realty. Appeal of Charles J. ZONE.

Supreme Court of Pennsylvania.

Filed March 31, 1988.


Attorney(s) appearing for the Case

Joseph P. Caracappa, Fairless Hills, for appellant.

William T. Renz, Doylestown, for Loeffler, appellees.

Before CAVANAUGH, BECK, and HESTER, JJ.


BECK, Judge:

This is an appeal by Charles J. Zone, the principal corporate officer and part owner of Eastern Abstract, Inc., a title insurance company. The issue is whether a corporate officer who supervises a settlement on the refinancing of a mortgage may be held personally liable for the loss suffered by the mortgagors when he negligently authorized the payment of the mortgagors' settlement funds to the wrong party. The Court of Common Pleas of Bucks County determined...

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