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ABRAMS v. OHIO CAS. INS. CO.

731 A.2d 48 (1999)

322 N.J. Super. 330

Andrew T. ABRAMS, Bruce C. Altschuler, David Befeler and Sheila Buchbinder, John A Behrens and Joan C. Behrens, Ralph Berger and Dorothea Berger, Florence Breslow, John Calabro and Judith Calabro, Harvey Caplan, Bruce M. Chodash, John A. Devries, Theodore J. Doll and Evelyn Doll, Craig S. Eckenthal and Amy S. Eckenthal, Lee I. Fishman and Wendy Fishman, James A. Fynes, Martin V. Hirschhorn and Vera Hirschhorn, Marvin P. Jassie, Harold Kaplan, Calvin L. Kort, Joseph Lazur, John E. Leek, III, John E. Leek, Jr. Ralph N. Leek, Robert A. Lightburn, Esteban R. Lomnitz, Luis S. Lozada and Norma I. Lozada, Douglas A. MacWright and Jody H. MacWright, Matthew J. Marano, Jr., Michael W. Mulligan and Marianne Mulligan, Matthew R. Naula, Lawrence Nessman, Harry C. Oefinger, Betty Perell, Robert Petersen and Mary Ann Petersen, Dennis L. Pfisterer and Kathleen Pfisterer, Raymond P. Rappleyea, Richard Rappleyea, John C. Reed, Henry Ripp and Maureen Ripp, Stephen J. Schwartz, Alden T. Smith, Jr. and Theresa C. Smith, Terence J. Watson, Andrew Weber, Albert Willner, and Richard L. Wines, Plaintiffs-Appellants, v. OHIO CASUALTY INSURANCE COMPANY, Defendant-Respondent. Joseph Principe, Plaintiff, v. Ohio Casualty Insurance Company, Defendant.

Superior Court of New Jersey, Appellate Division.

Decided May 27, 1999.

Attorney(s) appearing for the Case

William S. Robertson, III, Wayne, for plaintiffs-appellants (Williams, Caliri, Miller & Otley, attorneys; Mr. Robertson and David Golub, on the brief).

Frederick L. Whitmer, Morristown, for defendant-respondent (Pitney, Hardin, Kipp & Szuch, attorneys; Mr. Whitmer and Richard H. Brown, on the brief).

Before Judges KEEFE, EICHEN, and COBURN.

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

Plaintiffs, limited partners in a real estate venture, filed this lawsuit against defendant Ohio Casualty Insurance Company ("Ohio"), a creditor of one of the general partners, asserting that it was responsible for their losses under the New Jersey Uniform Securities Law, N.J.S.A. 49:3-47 to -76, and under common law theories of fraud, conspiracy, and breach of fiduciary duty. The Law Division granted...

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