Supreme Court of New Jersey

Bernice M. Baldasarre and Margaret M. Neumann, Plaintiffs-Respondents v. William B. Butler, Paul M. Difrancesco…

March 11, 1993132 N.J. 278

Summary

The New Jersey Supreme Court held that a buyer (DiFrancesco) is not vicariously liable for the attorney's fraudulent nondisclosure and that sellers' claim of intentional interference with DiFrancesco's prospective economic advantage fails; the Court also announced a bright‑line rule prohibiting dual representation of buyer and seller in complex commercial real estate transactions.