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CKC CONDOMINIUM ASSOCIATION, INC. v. SUMMIT BANK

762 A.2d 674 (2000)

335 N.J. Super. 385

CKC CONDOMINIUM ASSOCIATION, INC., a New Jersey not-for-profit corporation, Plaintiff-Appellant, v. SUMMIT BANK, a bank chartered by the State of New Jersey, successor by merger to United Jersey Bank and Pipco Ashley, Inc. d/b/a Pipashley, Inc., a New Jersey corporation, Defendant-Respondent.

Superior Court of New Jersey, Appellate Division.

Decided November 29, 2000.

Attorney(s) appearing for the Case

Michael L. Prigoff, Englewood, argued the cause for appellant (Lebson, Prigoff & Baker, attorneys; Mr. Prigoff and Francine R. Foner, on the brief).

Paul S. Werther argued the cause for respondent (Tompkins, McGuire, Wachenfeld & Barry, attorneys; Mr. Werther, of counsel and on the brief; Thomas A. Callahan, Jr., Caldwell, on the brief).

Before Judges PRESSLER, KESTIN and ALLEY.

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

This appeal from the dismissal of a complaint pursuant to R. 4:6-2(e) raises the single and narrow issue of when the six-year limitations period prescribed by N.J.S.A. 2A:14-1 expired.1 More particularly, the parties agree that the running of the statute of limitations commenced on the day that defendant's predecessor, United Jersey Bank (UJB), or its assignee purchased...

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