SUPERIOR COURT OF NEW JERSEY
APPELLATE DIVISION
A-1101-93T2
SHERWOOD BAXT and SAIDA BAXT,
Plaintiffs-Appellants,
v.
GERALD A. LILOIA and ANTHONY
J. SILVESTER,
Defendants-Respondents.
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Argued: January 23, 1995 Decided: March 13,
1995
Remanded by Supreme Court July 5, 1995.
Resubmitted: July 17, 1995 Decided:
Before Judges Dreier, Wefing and Braithwaite.
On appeal from the Superior Court, Chancery
Division, Hudson County and the Law Division,
Bergen County.
Helen Davis Chaitman argued the cause for
appellants (Ross & Hardies, attorneys; Ms.
Chaitman, Sean M. Sullivan and Kelly J.
Bugle, on the brief).
Michael R. Cole argued the cause for
respondents (Riker, Danzig, Scherer, Hyland &
Perretti, attorneys; Jeffrey J. Miller and
Harold L. Kofman, on the brief).
The opinion of the court was delivered by
WEFING, J.A.D.
This matter has been remanded to us pursuant to an order of the Supreme Court of July 5, 1995 "to consider the claim of petitioners that the settlement of the underlying litigation
expressly excluded plaintiffs' claims against the attorney
defendants." This court did not address that issue in its
opinion since it concluded that plaintiffs had failed to state a
cause of action in any event. We do not restate the facts of
this matter, for they are contained within our original opinion.
Whether plaintiffs sought to exclude claims against the
attorney defendants from the settlement of the companion
foreclosure action (The Summit Trust Company v. The Grove
Mercantile Center, et al, A-1102-93) was not material to this
court's decision that plaintiffs did not have a cause of action
against these attorney defendants based solely on an allegation
that the conduct of these defendants violated the Rules of
Professional Conduct. Our colleague has concluded that the
apparent attempt by the plaintifffs to preserve a claim against
these defendants from the settlement of the underlying mortgage
foreclosure action is sufficient to permit this case to go
forward. In our view, however, the language plaintiffs inserted
into that settlement agreement is immaterial; a party cannot
preserve a claim that does not exist. We adhere to the views
expressed in the opinion of March 13, 1995.