Rudnick v. Hospital Mortgage Group, Inc.

MEMORANDUM OF DECISION

YOUNG, District Judge.

George Rudnick, individually, and with Leonard Rudnick, as trustees of Mt. Leonard Realty Trust (collectively “Rudnick”) commenced this action against Hospital Mortgage, Inc. and Maurice Wiener, Lee Gray, Franklin Knobel and Carmela Cerado, as Trustees of Transco Realty Trust (collectively the “Hospital”), to recover for damages caused by the Hospital’s failure to disclose certain underground oil storage tanks on property purchased by Rudnick. Count III of the Complaint seeks reimbursement for the environmental clean-up costs incurred by Rudnick…