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PARAM PETROLEUM CORP. v. COMMERCE AND INDUSTRY INS. CO.

296 N.J. Super. 164 (1997)

PARAM PETROLEUM CORPORATION, PLAINTIFF-APPELLANT, v. COMMERCE AND INDUSTRY INSURANCE COMPANY, DEFENDANT-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided January 2, 1997.

Attorney(s) appearing for the Case

Valore Law Firm, attorneys for appellant (Jeffrey H. Sutherland, on the brief).

Crawshaw, Mayfield, Riordan, Turner, O'Mara, Donnelly, Thomas & McBride, attorneys for respondent (Michael J. O'Mara, on the brief).

Before Judges KLEINER and COBURN.

The opinion of the court was delivered by COBURN, J.S.C. (temporarily assigned).

This is a declaratory judgment action. Plaintiff, a New Jersey Corporation, sues on a liability insurance policy relating solely to property located within this State. The insurance policy contains a forum-selection clause establishing a foreign state, where the insurance company is located, as the only place where litigation may be commenced. The question is whether we should decline...

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