ROYAL INDEM. CO. v. PETROZZINO

No. 78-2145.

598 F.2d 816 (1979)

ROYAL INDEMNITY CO., Appellant, v. Michael PETROZZINO, Jr., Patrick Murano and Terrill H. Hallman.

United States Court of Appeals, Third Circuit.

Decided May 2, 1979.

As Amended May 14, 1979.


Attorney(s) appearing for the Case

David G. Crocco (argued), Royal Indemnity Company, Ridgewood, N. J., for appellant.

Louis C. Esposito (argued), Michael A. Querques, P. A., Orange, N. J., for appellee Michael Petrozzino, Jr.

Before SEITZ, Chief Judge, and ALDISERT and ROSENN, Circuit Judges.


OPINION OF THE COURT

ALDISERT, Circuit Judge.

In this diversity action we are to determine whether the insurer of a bank is barred by the New Jersey statute of limitations from proceeding against a bank robber. The district court held that the insurer failed to commence its action within the applicable six-year period and dismissed the claim. Although there is no New Jersey decision precisely on point, we believe the New Jersey Supreme Court would hold that...

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