Search Rutgers Law Library N.J. Court Opinions

1 WOLVERINE FLAGSHIP FUND TRADING v. AMERICAN ORIENTAL BIOENGINEERING INC. -- rank: 1000

... Code (UCC) 8-112, as adopted by this state at N.J.S.A. 12A:8-112, to require actual seizure of certificated shares owned by a ... L. 1997, c. 252. UCC 8-112 was codified as N.J.S.A. 12A:8-112, which provides in pertinent part: a. The interest of a ... to more than one plausible interpretation." Ibid. Subsection (a) of N.J.S.A. 12A:8-112 does not, on its face, present any ambiguities. The subsection ... a creditor only by actual seizure of the security certificate." N.J.S.A. 12A:8-112(a). The two exceptions apply where the certificate has been ... 92 (App. Div. 2008). Plaintiffs contend that subsection (e) of N.J.S.A. 12A:8-112 is properly interpreted to permit the use of any means ... claim in regard to property that cannot readily be reached . . . ." N.J.S.A. 12A:8-112(e) (emphasis added). From this, plaintiffs argue that section ( ...

docket:	a0654-14
court:	NJ Superior Court Appellate Division
decided:	2016-03-11
status:	published
citation:	444 N.J.Super. 530 134 A.3d 992
Document Size:	29486