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RTC MORTG. TRUST 1994 v. FIDELITY NAT. TITLE INS.

Civil Action No. 96-5874.

16 F.Supp.2d 557 (1998)

RTC MORTGAGE TRUST 1994 N-1, a limited liability Delaware business trust, Plaintiff, v. FIDELITY NATIONAL TITLE INSURANCE COMPANY, Nations Title Insurance Company, Eastern Developers Abstract, Inc., Caine, DiPasqua, Sloane & Raffaele f/k/a Caine, DiPasqua, Sloane, Raffaele & Nigro, Lawyers Title Insurance Corporation, and Rocco M. Nigro, Defendants.

United States District Court, D. New Jersey.

August 14, 1998.

Attorney(s) appearing for the Case

John A. Adler, Hellring, Lindeman, Goldstein & Siegal, Newark, NJ, for Plaintiff RTC Mortg. Trust 1994 N-1.

Michael S. Miller, Christopher J. Carey, Tompkins, McGuire & Wachenfeld, Newark, NJ, for Defendant, Caine, DiPasqua, Sloane & Raffaele.

Charles J. Vinicombe, Drinker, Biddle & Reath, Princeton, NJ, for Defendant, Lawyers Title Ins. Corp.

Josiah A. Knapp, Tomar, Simonoff, Adourian, O'Brien, Kaplan, Jacoby & Graziano, P.C., Cherry Hill, NJ, for Defendants, Fidelity Nat. Title Ins. Co. and Nations Title Ins. Co.

Rocco Nigro, Media, PA, pro se.

OPINION

ORLOFSKY, District Judge:

Presently before the Court is the motion of Defendant, Caine, DiPasqua, Sloane & Raffaele, for summary judgment. Caine, DiPasqua essentially challenges the ability of Plaintiff, RTC Mortgage Trust 1994 N-1, to prosecute its claim for negligent misrepresentation or legal malpractice. This appears to present an issue of first impression in this district, namely whether provisions of the Financial Institutions Reform, Recovery...

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