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REPUBLIC BUS. v. CAMHE-MARCILLE

887 A.2d 185 (2005)

381 N.J. Super. 563

REPUBLIC BUSINESS CREDIT CORPORATION, Plaintiff, v. Mona CAMHE-MARCILLE, Pamela Camhe, Renee Popkin, and Estate of Morris Camhe, Deceased, Defendant. Estate of Morris Camhe, Third-Party Plaintiff, v. Rick Cucinotta, Third-Party Defendant. Estate of Morris Camhe, Third-Party Plaintiff-Respondent/Cross-Appellant. v. Neal Cohen, Third-Party Defendant-Appellant/Cross-Respondent.

Superior Court of New Jersey, Appellate Division.

Decided December 13, 2005.

Attorney(s) appearing for the Case

Charles J. Kleiner and Schlacter & Associates, attorneys for appellant/cross-respondent (Mr. Kleiner, on the brief).1

Bruce D. Ettman, Woodbridge, argued the cause for respondent/cross-appellant (Spadoro & Hilson, attorneys; Mr. Ettman, on the brief).

Before Judges COBURN, COLLESTER and LISA.

The opinion of the court was delivered by

COBURN, P.J.A.D.

Morris Camhe, Neil Cohen and Rick Cucinotta were equal principals in two corporations and co-guarantors on $2,233,535.12 in notes the corporations had given to Republic Business Credit Corporation. After the corporations defaulted and Camhe died, Republic sued Camhe's estate on the deceased's guarantee and obtained a $900,000 settlement.2 The estate

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