Shoremount v. APS Corp.

The opinion of the court was delivered by

CIANCIA, J.A.D.

Plaintiff Robert Shoremount filed a minority shareholder action against defendants APS Corporation and Daniel Jacquish in the Chancery Division, Somerset County. It was subsequently dismissed without prejudice upon the agreement of the parties that the matter would be arbitrated. The arbitration was conducted before retired Superior Court Judge William A. Dreier. The dispute was settled. The settlement agreement and an Arbitration Award/Order Confirming Settlement were entered as a final judgment in the Chancery Division.

The settlement…