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BELFER v. MERLING

730 A.2d 434 (1999)

322 N.J. Super. 124

Corrine S. BELFER, Executrix of the Estate of Norbert Belfer, individually and as a shareholder of Lighting World, Inc., Plaintiff-Respondent/ Cross-Appellant, v. Linda K. MERLING, Bruce Belfer, Elaine Belfer, Christine Weiss, Donald Davenport and Lighting World, Inc., Defendants-Appellants/ Cross-Respondents.

Superior Court of New Jersey, Appellate Division.

Decided June 16, 1999.

Attorney(s) appearing for the Case

Alan M. Lebensfeld, Red Bank, for defendants-appellants/cross-respondents (Lebensfeld, Borker & Sussman, attorneys; Mr. Lebensfeld and Lawrence J. Sharon, on the brief).

Samuel Feldman, Roseland, for plaintiff-respondents/cross-appellants (Orloff, Lowenbach, Stifelman & Siegel, attorneys; Mr. Feldman and Craig A. Ollenschleger, on the brief).

Before Judges HAVEY, PAUL G. LEVY and LESEMANN.

The opinion of the court was delivered by PAUL G. LEVY, J.A.D.

These appeals arise from a dispute among family members of a closely held corporation, Lighting World, Inc. The two principals of the company, plaintiff Norbert Belfer and defendant Linda Merling, were divorced after a thirty year marriage. The couple executed a property settlement agreement (PSA) that was incorporated into the judgment of divorce. The PSA was...

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