Langeveld v. L. R. Z. H. Corp.

The opinion of the court was delivered by

Mountain, J.

This case presents an important question of commercial law requiring the interpretation of N. J. S. A. 12A:3-606, a section of the Uniform Commercial Code which we have not hitherto been called upon to consider.

In the trial court, summary judgment in the amount of $57,500, together with interest, was entered against, defendant Higgins,1 130 N. J. Super. 486 (Ch. Div. 1974). The Appellate Division affirmed, substantially for the reasons expressed by the court below. 137 N. J. Super. 557 (App. Div. 1975). We granted defendant’s petition for…