Federal Insurance Company, Subrogee of Mutual Group, Ltd., N.R.G. America Holding Co. D/B/A Philadelphia Reinsurance Company, N.R.G. American Holding Co. D/B/A N.R.G. American Life, Wertheim Schroder & Co. Inc., Paine Webber Group, Inc., Goldman Sachs & Co., Scudder, Stevens & Clark, Inc., Pitcairn Private Bank, Palmieri Co., 1838 Investment Advisors, Eastern Telelogic, Mark Goldman, Estate of Herbert Goldman, Joseph Fillmore, Paul Marino, William Wall, Edward F. Mannino, Patricia

Citation: 74 F.3d 1226Docket: 95-1302

Court: Court of Appeals for the Third Circuit; December 4, 1995; Federal Appellate Court

Combined Opinion AnalysisCombined Opinion SummaryCombined Opinion Original

Narrative Opinion Summary

Federal Insurance Company, as subrogee of Mutual Group, Ltd., along with several other parties, appealed a decision from the Eastern District of Pennsylvania regarding a case originally filed under No. 92-cv-04177. The appeal was considered by the United States Court of Appeals for the Third Circuit, which reaffirmed its previous ruling from 12 F.3d 1270. The court's decision, dated December 5, 1995, resulted in an affirmation of the lower court's ruling, indicating that the appellate court found no error in the previous judgment. The parties involved include various financial and investment firms, as well as individual defendants. The case number for the appeal is 95-1302.

Legal Issues Addressed

Affirmation of Lower Court Rulingssubscribe to see similar legal issues

Application: The appellate court affirmed the decision of the district court, thereby upholding the original judgment in favor of the defendants.

Reasoning: The court's decision, dated December 5, 1995, resulted in an affirmation of the lower court's ruling, indicating that the appellate court found no error in the previous judgment.

Appellate Review of District Court Decisionssubscribe to see similar legal issues

Application: The Third Circuit Court of Appeals reviewed and affirmed the decision of the Eastern District of Pennsylvania, indicating that the appellate court found no reversible error in the lower court's judgment.

Reasoning: The appeal was considered by the United States Court of Appeals for the Third Circuit, which reaffirmed its previous ruling from 12 F.3d 1270.