Client: Foulke Management Corp. d/b/a Cherry Hill Dodge
Court: Superior Court of New Jersey, Appellate Division
Trial Attorney: Laura D. Ruccolo, Esq.
**Results may vary depending on your particular facts and legal circumstances**
In this matter, plaintiffs purchased a used vehicle from defendant. They were listed as co-buyers on the Motor Vehicle Retail Order and Retail Installment Sales Contract. Plaintiffs also signed a Sold Vehicle Odometer Statement. Issues arose regarding the financing of the vehicle and plaintiffs executed a second set of documents with another lender. After plaintiffs failed to make several payments, defendant repossessed the car.
Plaintiffs then filed an arbitration demand. After a hearing, the arbitrator dismissed all of Plaintiffs’ claims finding they were without merit. Plaintiffs then moved in the New Jersey Superior Court for an order to show cause to vacate the arbitration award, which the court denied holding that when the Federal Arbitration Act applies, parties cannot agree to grounds to vacate an arbitration award different from what is provided for in the Federal Arbitration Act.
The Appellate Division affirmed the trial court’s ruling.
To view the case, please click here.
