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DAIBO v. KIRSCH

720 A.2d 994 (1998)

316 N.J. Super. 580

Victor DAIBO, Plaintiff-Respondent, v. Ned KIRSCH and Melvin Kirsch, Defendants-Appellants, and B.G. a/k/a Robert Gray and A.Z. a/k/a Abraham Zuckerman, John Does 1 and 3, Jointly and Severally, and Inmar Associates, Inc., a New Jersey Corporation, and Linn Associates, a New Jersey General Partnership, Michael and Alla Kirsch, Gregg and Jill Stone, Nancy Kesselman, and Robert Kirsch, Defendants.

Superior Court of New Jersey, Appellate Division.

Decided December 17, 1998.

Attorney(s) appearing for the Case

Bruce H. Snyder, Roseland, for defendants-appellants (Lasser Hochman, attorneys; Mr. Snyder, of counsel and on the briefs).

Bart W. Lombardo, Cranford, for plaintiff-respondent (Frieri & Conroy, attorneys; Donna M. Conroy and Mr. Lombardo, on the brief).

Before Judges STERN, BRAITHWAITE and WECKER.

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

Defendants appeal from a judgment for plaintiff in the amount of $225,500, comprising (1) $100,000 for "the total purchase price for all of plaintiff's right, title and interest in Inmar Associates[, Inc.]" (Inmar), (2) $100,000, "representing damages for equitable fraud," based on plaintiff's payment of an overvalued purchase price for his interest in Inmar, and (3) prejudgment interest on the equitable fraud...

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