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· 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  • later superseded by statute when New Jersey deleted the “could 27 reasonably discover” language from its statute, see N.J. Stat.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 CourtListener

Sourced 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.