ADMINISTRATIVE LAW – UNEMPLOYMENT COMPENSATION BENEFITS
01-2-0497 Jones v. Board of Review, App. Div. (per curiam) (7 pp.) Appellant appeals from a final decision of the Board of Review that found her unemployment claims invalid under N.J.S.A. 43:21-19(i)(7)(C) and determined she was liable for a refund of benefits received. The panel affirms, holding that the board properly found that appellant’s employment could not be used to establish a valid unemployment claim because she worked for a single-member limited liability company owned by her husband and thus she worked for her husband and that employment is excluded under N.J.S.A. 43:21-19(i)(7)(C) , and she is required to repay the unemployment benefits received pursuant to N.J.S.A. 43:21-16(d). [Decided July 2, 2013.]
ALTERNATIVE DISPUTE RESOLUTION
03-2-0475 Sandalwood Debt Fund A, L.P. v. KPMG, App. Div. (per curiam) (20 pp.) In this matter related to the fraudulent Ponzi investment scheme run by Bernard Madoff, in which plaintiffs, limited partners of three hedge funds that served as feeder funds to Madoff and that were managed by Tremont Partners as their general partner, asserted claims for professional malpractice, breach of fiduciary duty, negligent misrepresentation and breach of contract against defendant-independent auditor, which had been hired by the funds to audit their financial condition, plaintiffs appeal from the Law Division order granting defendant KPMG’s motion to stay the action against it and to compel arbitration. The panel affirms, finding that on the facts here, plaintiffs’ claims are bound by KPMG’s engagement letters with Tremont Partners Inc., Tremont Capital Management Inc. and Rye Investment Management, which provided arbitration as the sole method of dispute resolution. [Decided July 1, 2013.]
