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ESTATE OF CARROLL v. SAMUEL GELTMAN AND CO.

214 N.J. Super. 306 (1986)

518 A.2d 1137

ESTATE OF MARGARET CARROLL AND WALTER CARROLL, PLAINTIFFS-APPELLANTS, v. SAMUEL GELTMAN AND CO. AND BRADFORD ARMS, A PARTNERSHIP, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided December 18, 1986.

Attorney(s) appearing for the Case

Allen Russ, attorney for appellants (Jonathan S. Druckman on the brief).

Greenberg, Margolis, Ziegler, Schwartz, Dratch & Fishman, attorneys for respondents (Thomas Hendrickson on the brief).

Before Judges ANTELL, BRODY and D'ANNUNZIO.

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

Plaintiffs recovered judgments against defendants in a personal injury negligence action. Defendants were insured by Ambassador Insurance Company, which is insolvent. By adoption of the New Jersey Surplus Lines Insurance Guaranty Fund Act (the act), N.J.S.A. 17:22-6.70 et seq., the Legislature created a fund "to avoid financial loss to claimants...

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