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David J. Mildred E. Argued March 8, Decided August 5, Rehearing Denied No. Donald B.
The District Court somewhat Anyon described the position in which Van Ingen found itself in the New Jersey litigation as "an occupational hazard" of such financing as it had undertaken.
Also, Apple has a new buy point, but with flaws. Peter H. These parties complain that the District Court erroneously refused to permit them to intervene in this proceeding. They were aware that the bridge commission was not created until the very day the bonds were issued, the day of the closing at the bank.
We agree with the District Court that in all the circumstances there is insufficient equity in Van Ingen's present complaint to make it incumbent upon a federal court to interfere by way of interpleader with what the state court is doing. Shedding another non-core business could help Intel focus on fixing its chip technology woes.
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This does not mean that appellant has done anything corrupt. Ln wrongdoers, among them Tuthill Ketcham and Richard Nongard, were made liable for the entire sum.
We intend no departure from the doctrine consistently recognized in this circuit that the Federal Interpleader Act should be construed and applied liberally "first, to relieve a stakeholder without interest from present litigation, and secondly, to relieve such a one from future litigation by adjudicating the claims of all parties in one suit. The defendants include David Connolly and William Wells, receivers appointed by the Superior Court of New Jersey to collect a judgment entered in the case of Driscoll v.
Gale and others. And in moving to dismiss the interpleader the receivers have formally represented that they will discontinue the New York action and pay all costs promptly upon Van Ingen's compliance with the New Jersey order. Bristpl August 5, They apparently considered it sufficient to rely upon the assurances of the representatives of the selling syndicate to the effect that the transaction was legal and proper in all respects.
Nothing is suggested which might make Van Ingen fearful that the receivers would not promptly take these normal and proper steps. In addition, the partnership was found to have participated actively in the illegal transactions.
Robert L. Van Riper, Newark, N. Rome, Philadelphia, Pa.
Van Ingen is not a party to the declaratory judgment Briwtol. They were familiar with the Caldwell-Mitchell opinion which called attention to the dangers inherent in the virtually simultaneous creation of the bridge commission, the purchase by it of the bridges and the issuance by it of the bonds.
The New Jersey suit was instituted by the Governor on behalf of the people of that State to invalidate transactions whereby a public agency, the Burlington County Bridge Commission, purchased certain toll bridges at an excessive price pursuant to a scheme conceived and engineered by a group of adventurers to obtain an unjustified profit of some three million dollars at the ultimate expense of the traveling and toll-paying public. Bk, Jr.
Mason, 3 Cir. The Santa Clara, California-based company has delayed production of important upcoming chip lines and now lags behind some industry players in manufacturing technology.
Argued March 8, If Van Ingen should pay the receivers and thereafter the intervenors should obtain a judgment against the present New Jersey judgment debtors, we can see no possible Angone in which a claim could then be asserted against Van Ingen. In July, the company said it was considering moving away from manufacturing its own chips, potentially benefiting contract producers such as Taiwan Semiconductor Manufacturing Co. Kipp, Newark, N. Villanueva, Newark, Bristll.
Glassell-Taylor and Robinson, 5 Cir.
Kline, Philadelphia, Pa. Moreover, if Van Ingen was concerned about the possible merits of this challenge to the New Jersey judgment the matter could have been raised in resisting the application of the receivers for the order requiring payment by Van Ingen to them. Rehearing Denied No.
In the circumstances here present their conduct might well be considered negligent. The product, which went on sale in Anyonee, was tested successfully by some large cloud providers and Alibaba Group Holding Ltd. This sale is alleged to have been an early step in an integrated scheme which culminated in the resale of the bridge properties to the Burlington County Bridge Commission.
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