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GENERAL ELEC. CREDIT CORP. v. WINNEBAGO OF N.J., INC.

149 N.J. Super. 81 (1977)

373 A.2d 402

GENERAL ELECTRIC CREDIT CORPORATION, PLAINTIFF-APPELLANT, v. WINNEBAGO OF NEW JERSEY, INC., LAND ACQUISITIONS, INC., SCHIFFMAN RECREATION VEHICLES OF FLORIDA, INC., NORMAN SCHIFFMAN, GRACE SCHIFFMAN, RICHARD R. SCHIFFMAN, AND BARBARA SCHIFFMAN, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided March 28, 1977.

Attorney(s) appearing for the Case

Mr. William H. Horton argued the cause for appellant (Messrs. McCarter & English, attorneys; Mr. Francis E.P. McCarter, of counsel, and Mr. William T. Reilly on the brief).

Mr. John W. Wopat, III, argued the cause for respondents (Messrs. McOmber & McOmber, attorneys).

Before Judges MATTHEWS, SEIDMAN and HORN.

The opinion of the court was delivered by MATTHEWS, P.J.A.D.

In January 1976 plaintiff instituted an action against defendants seeking repayment of collateral deficiencies arising out of defaults under credit obligations owed by defendants to plaintiff. In that proceeding plaintiff sought and obtained temporary restraints which enjoined defendants from removing from their premises collateral in which plaintiff had a security interest.

Plaintiff and defendants...

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