BAXT v. LILOIA


281 N.J. Super. 50 (1995)

656 A.2d 835

SHERWOOD BAXT AND SAIDA BAXT, PLAINTIFFS-APPELLANTS, v. GERALD A. LILOIA AND ANTHONY J. SYLVESTER, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided March 13, 1995.


Attorney(s) appearing for the Case

Helen Davis Chaitman argued the cause for appellants (Ross & Hardies, attorneys; Ms. Chaitman, Sean M. Sullivan and Kelly J. Bugle, on the brief).

Michael R. Cole argued the cause for respondents (Riker, Danzig, Scherer, Hyland & Perretti, attorneys; Jeffrey J. Miller and Harold L. Kofman, on the brief).

Before Judges DREIER, WEFING and BRAITHWAITE.


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

This case is a companion matter to another decided today, The Summit Trust Company v. The Grove Mercantile Center, et al. Understanding the issues presented by this appeal requires reference to the record of that matter, a foreclosure action premised upon a default on a certain construction loan from The Summit Trust Company (Summit) to The Grove Mercantile Center (Grove).

Plaintiff Sherwood Baxt...

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