NORTH JERSEY SAV. v. FIDELITY


283 N.J. Super. 56 (1993)

660 A.2d 1287

NORTH JERSEY SAVINGS AND LOAN ASSOCIATION, PLAINTIFF, v. FIDELITY AND DEPOSIT COMPANY OF MARYLAND, DEFENDANT.

Superior Court of New Jersey, Law Division.

Decided July 26, 1993.


Attorney(s) appearing for the Case

Daniel Kinburn, for plaintiff (Williams, Caliri, Miller & Otley, attorneys).

Ian A.L. Strogatz, and David I. Bookspan, (Wolf, Block, Schorr and Solis-Cohen, attorneys) and Robert P. Zoller (Hannoch Weisman, attorneys), for defendant.


ALTERMAN, J.S.C.

This is a motion for partial summary judgment.

The motion addresses Counts I and II of the complaint, alleging fraud and dishonesty of Landbank Equity Corporation, and of North Jersey Savings & Loan's Vice President, respectively. Other counts of the complaint have been severed and stayed.

On June 7, 1984, Fidelity & Deposit Company of Maryland (F & D) issued a Savings & Loan Blanket Bond to North Jersey Savings &...

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