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DENIKE v. CUPO

926 A.2d 869 (2007)

394 N.J. Super. 357

Lawrence DENIKE, individually and as a member of Classic Mortgage, L.L.C., Plaintiff-Respondent/Cross-Appellant, v. Michael CUPO, Defendant-Appellant/Cross-Appellant/Cross-Respondent. Lawrence Denike, individually and as a member of Classic Mortgage, L.L.C., Plaintiff-Respondent/Cross-Appellant, v. Michael Cupo, Defendant-Appellant/Cross-Appellant/Cross-Respondent.

Superior Court of New Jersey, Appellate Division.

Decided July 6, 2007.

Attorney(s) appearing for the Case

James F. Keegan, West Orange, argued the cause for appellant/ cross-respondent (Bendit Weinstock, attorneys; Mr. Keegan, Barrett F. Kalb and Sherri Davis Fowler, on the brief).

Thomas J. Herten, Hackensack, argued the cause for respondent/ cross-appellant (Herten, Burstein, Sheridan, Cevasco, Bottinelli, Litt & Harz, attorneys; Mr. Herten and Daniel Y. Gielchinsky, on the brief).

Before Judges LEFELT, REISNER and SAPP-PETERSON.

The opinion of the court was delivered by

LEFELT, P.J.A.D.

Plaintiff Lawrence Denike and defendant Michael Cupo were the sole members of Classic Mortgage, a limited liability company, brokering residential mortgages. After some years of operation, the relationship between plaintiff and defendant soured, and plaintiff sought to buyout defendant's 50% interest in the company. After the parties could not agree on a buyout amount, litigation ensued, ending in...

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