As yesterday’s post indicated, the NJ Supreme Court was scheduled to release its decision in the case of Maeker v. Ross today. Just moments ago, the decision was released and it is a reasonable, logical and fair opinion. While a more in-depth analysis will be forthcoming, the decision is god news for those individuals who may have been financially dependent on the other party and believed in the existence of an oral agreement to provide financial support or share in the value of assets acquired during the relationship. The Supreme Court held:
“The 2010 Amendment to the Statute of Frauds, N.J.S.A. 25:1-5(h), does not render oral palimony agreements that predate it unenforceable because the Legislature did not intend the Amendment to apply retroactively.”
If you believe you entered into an oral palimony agreement prior to 2010 and now seek to enforce that agreement, contact The Durst Firm for assistance with your case.
