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1 LINELIV, L.P v. KENNETH STELIGA -- rank: 1000

... failing to obtain a loan from the bank; and (3) N.J.S.A. 12A:9-626 and -627 applied, lot releases were court-ordered, and the ... case doctrine to suppress the tender defense, and incorrectly applied N.J.S.A. 12A:9-626 and -627 to suppress the impairment of collateral defense. When ... Finally, we agree that the second motion judge properly applied N.J.S.A. 12A:9-626 and -627. We have previously stated that [i]t is ... are therefore discharged from their obligations, is inapplicable. Pursuant to N.J.S.A. 12A:9-626 and -627, no discharge occurs when a security interest is ...

docket:	a2265-10
court:	NJ Superior Court Appellate Division
decided:	2011-10-25
status:	unpublished
citation:
Document Size:	33402