· 3/1/2001
SASCO 1997 NI, LLC v. Zudkewich
Citations
- 767 A.2d 469
- 166 N.J. 579
- 2001 N.J. LEXIS 183
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding that savings clause ran from time a reasonable commercial creditor would have done an asset search and not from when deed was recorded
- observing that “retroactive application would likely preclude creditors from recovery in a substantial number of cases, greatly prejudicing ... the entire commercial lending industry”
- applying discovery rule to fraudulent transfer claim under version of the Uniform Fraudulent Transfers 12 A-4636-13T4 Act then in effect
- considering the financial impact of a new rule on “the entire commercial lending industry” when the new rule invalidated “a practice apparently dominant throughout the industry”
- stating the clear language of N.J.S.A. 25:2-31 reveals \the Legislature concluded that the date of judgment was not determinative of the timeliness of claims under the [Act]\
- later superseded by statute when New Jersey deleted the “could 27 reasonably discover” language from its statute, see N.J. Stat. Ann. § 25:2-31(a)
Source: CourtListener parenthetical corpus (CC0).
Judges: Zazzali
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.