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The New Jersey Supreme Court declined on Monday to lower the threshold for fraud actions against lawyers whose clients are implicated in schemes against creditors. By a 7-0 vote in a case against a Cherry Hill attorney, the justices declared there is no cause of action against lawyers in New Jersey for the amorphous concept of "creditor fraud," which prohibit acts intended to defraud a creditor even in the absence of common-law fraud elements.
July 04, 2005 at 12:00 AM
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