Villanueva v. Wolff

DWYER, J. S. C.

Plaintiff Charles E. Villanueva, Esq. (“stakeholder”) holds $11,014.61 in an interest-bearing account pursuant to a closing agreement between defendant Engineers Incorporated, a Maine corporation (“seller”), and defendant New Generation Car Wash, Inc., a New Jersey corporation (“buyer”), for the sale of real estate located in West Caldwell, Essex County, New Jersey.

The sum of $11,014.61 was placed in escrow to cover the amount of liens filed by the IRS against defendants William M. Wolff and Louise L. Wolff, his wife (the Wolffs), who had owned said real estate and conveyed it…