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AMERICAN BANK & TRUST CO., PENNSYLVANIA v. LOTT

193 N.J. Super. 516 (1984)

475 A.2d 73

AMERICAN BANK AND TRUST COMPANY OF PENNSYLVANIA, PLAINTIFF-RESPONDENT, v. FRANK W. LOTT, JR. AND CAROLE A. LOTT, FIRST NATIONAL BANK AND TRUST COMPANY OF BEVERLY, DEFENDANTS-APPELLANTS, AMERICAN BANK AND TRUST COMPANY OF PENNSYLVANIA, PLAINTIFF-RESPONDENT, v. FRANK W. LOTT, JR. AND CAROLE A. LOTT, DEFENDANTS-APPELLANTS.

Superior Court of New Jersey, Appellate Division.

Decided March 14, 1984.

Attorney(s) appearing for the Case

I. Michael Heine argued the cause for appellants Frank W. Lott, Jr. and Carole A. Lott (I. Michael Heine, on the brief).

Charles L. Winne argued the cause for respondent (Tomar, Parks, Seliger, Simonoff & Adourian, attorneys; James Katz, on the brief).

Before Judges MICHELS, KING and DREIER.

The opinion of the court was delivered by: DREIER, J.A.D.

Defendants Lott appeal from a Chancery Division order denying their motion to dismiss plaintiff's complaint for failure to comply with the Corporation Business Activities Reporting Act, N.J.S.A. 14A:13-14 et seq. The issues raised in this case require a reexamination of the principles established by this court in Bank Leumi Trust Co. of N.Y. v. Schneider, 188 N.J.Super...

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