Commerce Bancorp., Inc. v. Interarch, Inc., 417 N.J. Super. 329 (App. Div. 2010). The question in this case revolved around Commerce Bank’s indemnification of Interarch and its principal, Shirley Hill, the wife of Commerce’s founder, Vernon Hill. Commerce indemnified under N.J.S.A. 14A:3-5(2) ...
