U.S. Court of Appeals for the Third Circuit, 1973

Chartered New England Corporation v. Hartford Accident & Indemnity Company-Third-Party v. Milton Bombach, Third-Party

Chartered New England Corporation v. Hartford Accident & Indemnity Company-Third-Party v. Milton Bombach, Third-Party
U.S. Court of Appeals for the Third Circuit · Decided June 22, 1973 · Coleman, Morgan, Per Curiam, Roney
478 F.2d 701; 1973 U.S. App. LEXIS 9233 (Federal Reporter, Second Series)

Chartered New England Corporation v. Hartford Accident & Indemnity Company-Third-Party v. Milton Bombach, Third-Party

Opinion

PER CURIAM:

In this suit on a broker’s employees blanket fidelity bond, we are asked to review a summary judgment for the defendant. The question is whether the *702 insured’s negotiations with and entry into agreements with the employee and third person debtors regarding the loss were of such import as to relieve the insurer of liability on the bond, and, more particularly, whether there is a genuine issue as to any material fact which requires reversal.

Having studied the briefs, considered extended oral argument,_ reviewed the record, and conducted substantial independent legal research, the Court is of the opinion that there is no error in the trial court proceedings or in the trial judge’s disposition of the case.

Affirmed.

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