Thomas H. Judson, Jr., Plaintiffs-Appellants v. Peoples Bank and Trust Company

Summary

The Supreme Court of New Jersey modified the trial judgment, holding that Bankers Commercial, Evans, and the Sturdy Company are jointly and severally liable for fifty percent of the total damages and that the plaintiffs’ proportionate interest in the $5,000 payment to Rager must be added to the damages as of July 27, 1945. The court affirmed the lower court’s fraud findings and its interpretation of the Joint Tortfeasors Contribution Law, and remanded for entry of the modified judgment.