Supreme Court of New Jersey May 10, 2007 (First Union National Bank v. Penn Salem Marina, Inc.)

Justice WALLACE, JR.,

delivered the opinion of the Court.

The issue in this appeal is whether a lender in a foreclosure proceeding is entitled to recover a judgment that is inconsistent with and greater than the amount fixed in a prior Law Division action on the same indebtedness. The trial court answered the question in the affirmative and the Appellate Division affirmed.