MAHWAH NEW JERSEY BERGEN COUNTY FAMILY LAW ATTORNEY

The mother's estate was successful in obtaining a jury verdict against the son. This judgment arose from his default on a stock purchase agreement, entered into with his retiring parents in 1990, to purchase shares of the family business, and the subsequent suit to enforce the obligation. The court affirms (1) the summary judgment ruling, holding the stock purchase agreement enforceable; (2) the trial court's ruling excluding hearsay evidence; (3) a variety of other rulings made during the trial; and (4) the trial court's award of pre-judgment interest on the jury verdict.     Izzo, etc. v. Izzo, et al.; Kreizman, etc. v. Izzo, New Jersey App. Div., February 21, 2008