Legal Opinion
Karu v. Feldman
Supreme Court of New Jersey
Decided May 29, 1990PublishedCited by 36 opinions
1Opinion of the Court
The opinion of the Court was delivered by
GARIBALDI, J.
On May 17,1985, Morris Karu purchased two $100,000 Certificates of Deposit (CD) and one $50,000 CD from defendant, First Jersey National Bank (First Jersey). On January 29, 1986, Morris Karu died. This case arose from a dispute between two relatives of Morris Karu with respect to ownership of those three CDs. Specifically, on this appeal, Michael Karu, Morris Karu’s nephew, alleges that First Jersey wrongfully allowed his uncle to designate Arline Karu Feldman, Morris Karu’s sister, as a trust beneficiary of the CDs and later prevented him…
2Cases cited9 opinions
- Judson v. Peoples Bank & Trust Co. of WestfieldSupreme Court of New Jersey · 1954
- Jewish Center of Sussex Cty. v. WhaleSupreme Court of New Jersey · 1981
- H. Rosenblum, Inc. v. AdlerSupreme Court of New Jersey · 1983
- Forbes v. First Camden Nat. Bank & Trust Co.New Jersey Superior Court Appellate Division · 1953
- Jewish Center of Sussex County v. WhaleNew Jersey Superior Court Appellate Division · 1978
4 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Shapiro v. UJB Financial Corp.Court of Appeals for the Third Circuit · 1992
- National Security Systems, Inc. v. IolaCourt of Appeals for the Third Circuit · 2012
- Eli Lilly and Co. v. Roussel Corp.District Court, D. New Jersey · 1998
- Argabright v. Rheem Manufacturing Co.District Court, D. New Jersey · 2016
- Dewey v. VOLKSWAGEN AGDistrict Court, D. New Jersey · 2008
31 more not listed; retrieve them via the Exa API.