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TROOPER INK CO., INC. v. WARREN

279 N.J. Super. 257 (1995)

652 A.2d 749

TROOPER INK CO., INC., PLAINTIFF-RESPONDENT, v. JOHN H. WARREN AND ROICO, INC., DEFENDANTS-APPELLANTS.

Superior Court of New Jersey, Appellate Division.

Decided February 3, 1995.

Attorney(s) appearing for the Case

John R. Altieri argued the cause for appellants (Mr. Altieri, on the brief).

Steven I. Adler argued the cause for respondent (Cole, Schotz, Meisel, Forman & Leonard, attorneys; Mr. Adler, on the brief).

Before Judges BRODY, ARNOLD M. STEIN and PAUL G. LEVY.

PAUL G. LEVY, J.A.D.

Plaintiff, assignee of a secured creditor, was awarded a summary judgment against guarantors of the underlying debt for an apparent deficiency between the debt and the collateral. We reverse and remand the matter for trial to resolve the various factual and legal issues concerning the disposition of the collateral and the legal effect thereof.

Ranger Products, Inc. (Ranger), a wholly owned subsidiary of Roico, Inc. (Roico), executed five...

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