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ADEL v. NFPS, INC.

No. A-1116-12T4

ALFRED ADEL and WENTWORTH MANAGEMENT, LLC, Plaintiffs-Respondents, v. NFPS, INC., Defendant, and MICHAEL GALESI, Defendant-Appellant.

Superior Court of New Jersey, Appellate Division.

Decided June 10, 2013.

Attorney(s) appearing for the Case

John J. Segreto argued the cause for appellant (Segreto, Segreto & Segreto, attorneys; Mr. Segreto, on the brief).

Abe Rappaport argued the cause for respondents (Law Offices of Abe Rappaport, attorneys; Mr. Rappaport, on the brief).

Before Judges Fisher, Alvarez and St. John.

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION

PER CURIAM.

This appeal presents an interesting question about the duration of a right of first refusal. The issue may be simply described in the following manner. A obtained a right of first refusal from B, the owner of certain real property. Many years later, B received an offer to purchase the property from C; B advised A, who decided not to exercise his right of first refusal. As a result...

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