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JULIANO & SONS ENTERPRISES, INC. v. CHEVRON, U.S.A., INC.

250 N.J. Super. 148 (1991)

593 A.2d 814

JULIANO & SONS ENTERPRISES, INC., PLAINTIFF-APPELLANT, v. CHEVRON, U.S.A., INC. AND GULF OIL CORPORATION, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided July 19, 1991.

Attorney(s) appearing for the Case

Clifford L. Van Syoc argued the cause for plaintiff-appellant (Clifford L. Van Syoc, attorney).

Robert Mahoney argued the cause for defendant-respondent Chevron U.S.A., Inc. (Wilentz, Goldman & Spitzer, attorneys; Frank M. Ciufanni of counsel; Robert Mahoney and Lisa Adubato Nesi on the brief).

Before Judges KING, R.S. COHEN and STERN.

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

We are asked to decide whether the common-law rule against perpetuities applies to nondonative commercial transfers. Our consideration of the issue is facilitated by the recent enactment in New Jersey, with some modifications, of the Uniform Statutory Rule Against Perpetuities of the National Conference of Commissioners on Uniform State Laws. See L. 1991, c. 192 enacted on July 3, 1991 (the Act...

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