Regante v. Reliable-Triple Cee of North Jersey, Inc.

Hill, Chief Justice.

This appeal is from a trial court order denying defendant-appellant’s motion to set aside an interlocutory injunction.

Dale Associates conveyed Georgia real property to Mr. Yung Mao Shann on February 18,1982, and received in return a promissory note for $170,554.53 secured by a deed to secure debt. Dale Associates assigned the promissory note and deed to secure debt to defendant Jerry Regante, a resident of New Jersey, on March 16, 1982. The assignment is alleged to have been made as substitute collateral for a $100,000 loan from Regante to Dale Associates in 1978. The…