Standard Accident Insurance Company, Plaintiff-Appellant v. Pellegrino James Pellecchia, Jr., Defendant, And…

Summary

The Supreme Court of New Jersey reversed the summary judgment granted to Federal Trust Company and remanded the case for trial. The court held that Standard Accident Insurance Company's subrogation claim is not barred by the settlement between Federal and Columbus and that the existence of factual disputes regarding unconscionable conduct precludes summary judgment.