Legal Opinion

McGlynn v. Schultz

New Jersey Superior Court Appellate Division

Decided March 21, 1966PublishedCited by 1 opinion

1Opinion of the Court

Mintz, J. S. C.

Plaintiff, receiver of Neptune Center Associates (N. C. A.), a limited partnership of New Jersey, seeks damages from the defendants for their alleged active participation or negligent acquiescence in the diversion hy Office Buildings of America, Inc. (O. B. A.) of $414,900 asserted to be trust funds belonging to the partnership. These funds consist of the moneys originally invested in the partnership by the partners for the specific purpose of acquiring title to premises known as Neptune City Shopping Center.

At all times hereinafter mentioned the following defendants were…

2Cases cited17 opinions

  1. Spiegel v. Beacon Participations, Inc.Massachusetts Supreme Judicial Court · 1937
  2. First State Bank v. Metropolitan Casualty Insurance Co. of New YorkTexas Supreme Court · 1935
  3. Ark-Tenn Distributing Corp. v. Breidt Breidt Appeal of Breidt. Appeal of Ark-Tenn Distributing CorpCourt of Appeals for the Third Circuit · 1954
  4. Sayer v. WynkoopNew York Court of Appeals · 1928
  5. Spirt v. BechtelCourt of Appeals for the Second Circuit · 1956

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3Cited by1 opinion

  1. McGlynn v. SchultzNew Jersey Superior Court Appellate Division · 1966

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