Search Rutgers Law Library N.J. Court Opinions

1 LEGAL ASSET FUNDING LLC v. NORMAN L. COUSINS KEVIN VENESKI McMAHON, MARTINE & GALLAGHER ESQS., MMIA INSURANCE COMPANY LAWRENCE SOKOLSKY M.D., and CAMBRIDGE MANAGEMENT GROUP, LLC,1 and FUNDING CORPORATION d/b/a LAW CASH -- rank: 1000

... Citing U.C.C. § 9-332(a), codified at N.J.S.A. 12A:9-332(a), the court concluded that Law Cash received the funds ... judge erred as a matter of law in concluding that N.J.S.A. 12A:9-332 applied. We disagree. N.J.S.A. 12A:9-318 ... 2 is not dispositive because the "broad protection" afforded by N.J.S.A. 12A:9-332, see Comment 2 to N.J.S.A. 12A:9-332, presupposes that such an interest exists and provides that a ... policy underlying this provision is explained in Comment 3 to N.J.S.A. 12A:9-332, in part, as follows: Broad protection for transferees helps to ... account itself or of an interest therein." Comment 2 to N.J.S.A. 12A:9-332. Even if LAF held a valid security interest in ...

docket:	a2617-10
court:	New Jersey Superior Court Appellate Division
decided:	2012-10-01
status:	Published
citation:
Document Size:	45501

2 Thisopinion shall not "constitute precedent or be binding upon any court." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R.1:36-3 VENDORPASS, INC v. TEXO -- rank: 708

... properly belong to Texo 2; (2) Columbia failed to assert N.J.S.A. 12A:9-332 as an affirmative defense and, therefore, it should have been ... whether the pertinent section of the Uniform Commercial Code (UCC), N.J.S.A. 12A:9-332(b), bars VendorPass' claims. We address the fourth question last ... as payment of outstanding loans. 2 4. The defense under N.J.S.A. 12A:9-332 Columbia also relied on a defense afforded to it under ... UCC, the relevant portion of which has been codified in N.J.S.A. 12A:9-332. That provision provides: (a) Transferee of money. A transferee of ... reject that argument. While Columbia did not expressly cite to N.J.S.A. 12A:9-332 in its answer, its answer and the affirmative defenses asserted ... part , 188 N.J. 69 (2006). VendorPass also argues that N.J.S.A. 12A:9-332 does not apply because it was not a "secured ...

docket:	a4015-14
court:	NJ Superior Court Appellate Division
decided:	2017-02-02
status:	unpublished
citation:
Document Size:	32175