Legal Opinion
Ads Associates Group, Inc. v. Oritani Savings Bank (069987)
Supreme Court of New Jersey
Decided September 30, 2014No. A-114-11PublishedCited by 26 opinions
1Opinion of the CourtJustice Patterson
In this appeal, the Court considers whether an individual who is not the customer of a bank can assert a common law negligence claim, premised upon the bank’s allegedly improper handling of a corporation’s funds transfers.
This case arose from a business venture that was established by plaintiff Brendan Allen (Allen) and defendant Asnel Diaz Sanchez (Sanchez). The venture was operated through plaintiff ADS Associates, Inc. (ADS), a corporation fully owned by Sanchez. Allen and Sanchez opened a business checking account in the name of ADS at a branch of Oritani Savings Bank (Oritani), where ADS…
2Cases cited20 opinions
- Manalapan Realty v. Township Committee of the Township of ManalapanSupreme Court of New Jersey · 1995
- Hopkins v. Fox & Lazo RealtorsSupreme Court of New Jersey · 1993
- Verdicchio v. RiccaSupreme Court of New Jersey · 2004
- Estate of Roach v. Trw, Inc.Supreme Court of New Jersey · 2000
- Brunson v. Affinity Federal Credit UnionSupreme Court of New Jersey · 2009
15 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Robert Smith v. Millville Rescue Squad(074685)Supreme Court of New Jersey · 2016
- APPROVED MORTGAGE CORPORATION v. TRUIST BANKDistrict Court, S.D. Indiana · 2022
- BOGUSLAW KRZAK VS. JOSEPH FASO (L-1050-16, MERCER COUNTY AND STATEWIDE)New Jersey Superior Court Appellate Division · 2019
- DAMIEN ROSE BRUNO VS. JEFFERSON STREET ASSOCIATES, LLC MADELYN CALDERON VS. JEFFERSON STREET ASSOCIATES, LLC (L-3060-14 AND L-3061-14, HUDSON COUNTY AND STATEWIDE)New Jersey Superior Court Appellate Division · 2020
- DE FAZIO v. WELLS FARGO BANK NATIONAL ASSOCIATIONDistrict Court, D. New Jersey · 2020
21 more not listed; retrieve them via the Exa API.