Michael Viglianti v. Roland Blue

New Jersey Superior Court Appellate Division·Decided July 14, 2026·No. A-2183-24·Unpublished

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited . R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION

DOCKET NO. A-2183-24

MICHAEL VIGLIANTI and CINDY GIRON, h/w,

Plaintiffs-Appellants,

v. ROLAND BLUE,

Defendant.

LEGAL BAY, LLC,

Respondent.

Argued June 3, 2026 – Decided July 14, 2026 Before Judges Gilson and Vinci.

On appeal from the Superior Court of New Jersey, Law Division, Union County, Docket No. L-0136-22.

Michele Labrada argued the cause for appellants (Karim Arzadi, attorneys; Michele Labrada, on the briefs).

Daniel B. Cohen argued the cause for respondent (Fox Rothschild LLP, attorneys; Daniel B. Cohen, of counsel and on the brief).

PER CURIAM Michael Viglianti was injured in an automobile accident. He had limited insurance coverage and needed money to pay for medical treatment, including surgery. He therefore entered into a funding agreement under which Legal Bay, LLC (Legal Bay) paid $90,000 to his medical providers with the agreement that Legal Bay would be repaid with interest if Viglianti obtained a recovery in an anticipated lawsuit for his personal injuries from the automobile accident. Thereafter, Viglianti obtained the medical treatment, sued, and recovered $250,000 from the other driver. He then objected to paying the amount he owed under the funding agreement.

He and his wife, Cindy Giron, who were plaintiffs in the tort action, appeal from an order allowing Legal Bay to withdraw $166,382.30, which had been deposited into court from the settlement. They also appeal from an order denying reconsideration. Having reviewed the record, the Funding Agreement, and the law, we affirm.

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I.

The material facts are not in dispute. The resolution of the issues on this appeal involves applying those undisputed facts to the plain terms of the Funding Agreement.

On November 19, 2020, Viglianti was injured in an automobile accident when the car he was driving was struck by a car driven by Roland Blue (Blue). Viglianti and his wife retained the Law Offices of Karim Arzadi (Arzadi Law) to represent them in an anticipated lawsuit against Blue.

Viglianti had limited personal injury protection (PIP) coverage under the policy covering the car he had been driving.1 Before he filed his tort action, Viglianti had exhausted his PIP coverage but needed additional medical care, including spinal fusion surgery. His medical providers Elite Orthopedic and Rehabilitation Center (Elite Orthopedic) and Bayonne Medical Center (Medical Center) informed Viglianti that they would provide the medical care at a cost of $90,000.

On November 9, 2021, Viglianti signed a funding agreement with Legal Bay (the Funding Agreement). Under the Funding Agreement, Legal Bay

1 The record is not clear as to who owned the car. At one point in his papers, Viglianti claims his wife owned the car and at another point he claims he owned the car.

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agreed to pay $103,100, which consisted of $13,000 to be paid as an underwriting and processing fee to Legal Bay and $90,000 to be paid to Elite Orthopedic and the Medical Center. 2 The Funding Agreement states that Legal Bay will be repaid with interest from any recovery received from the anticipated lawsuit or claim against Blue. 3 Thus, the Funding Agreement states that Legal Bay was purchasing an interest in the anticipated recoveries from Blue and that Legal Bay will be repaid from those proceeds. In that regard, the Funding Agreement defined the terms "Claim", "Recovery," and "Purchase Price" as follows:

WHEREAS, [Viglianti] has asserted the following claims to recover money damages in a lawsuit entitled: Michael [Viglianti] v. [Roland Blue], et al.; filed (or to be filed) in New Jersey; Claim #: tbd (the "Claim");

....

WHEREAS, [Legal Bay] will be paid from the proceeds recovered from the Claim in the event that [Viglianti] obtains any monetary recovery (the "Recovery") from the Claim or any related claims. The proceeds will be that portion of the Recovery set forth

2 Neither the Funding Agreement nor the record clearly state to whom the remaining $100 was given. 3 The Funding Agreement references a lawsuit against Juana Rivera-Menendez, but the parties clarified to us that plaintiffs eventually sued Blue and no one disputes that the Funding Agreement covers the lawsuit filed against Blue.

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in the Disclosure Statement in paragraph [three] of this Agreement;

WHEREAS, [Legal Bay] provides [Viglianti]

with monies for [Viglianti's] life's necessities (but not to fund [Viglianti's] Claims) by purchasing the right to receive a portion of the Recovery should there be any recovery from the Claim by way of a verdict, judgment, settlement, award, compromise, or otherwise (called the "Proceeds"); and

WHEREAS, [Viglianti] desires to sell, and [Legal Bay] desires to purchase, the Proceeds from the possible Recovery from the Claim (the "Share" or "Purchaser's Share").

NOW THEREFORE, for good and valuable consideration, the receipt, sufficiency and adequacy of which is hereby acknowledged, the parties hereby agree as follows:

1. Purchase Price; Deduction of Flat Fee. [Legal Bay] shall pay the sum of $103,100 (the "Purchase Price") to [Viglianti], which includes a $13,000 Underwriting and Processing fee. . . . [Legal Bay] will disburse to [Viglianti] the net amount of $90,100 in connection with this Agreement and the exhibits annexed to this Agreement.

The Funding Agreement makes it clear that Legal Bay will be paid only if and when there was a recovery in the action against Blue. Thus, the Funding Agreement states: "If the Recovery is insufficient to pay the Proceeds, then [Legal Bay's] Share will be limited to the Recovery from the Claim. If

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[Viglianti] does not receive, obtain or collect any money from the Claim, then [Viglianti] will owe nothing to [Legal Bay]."

The Funding Agreement also identifies the amount Viglianti would pay from the proceeds of his tort recovery. In that regard, the Funding Agreement states that Legal Bay's share of the proceeds would increase at a rate of "20.00% for [the first six] months; and 40.00% for the first twelve months." Thereafter, Legal Bay's share would increase at a rate of "20.00% for each [six] month period thereafter until the case is paid in full." The Funding Agreement also included a "Disclosure Statement", which provides:

5. Total Amount to be Paid by [Viglianti]:

After: 10/29/2021 00 to 06 Months $123,720.00 After: 04/29/2022 06 to 12 Months $144,340.00 After: 10/29/2022 12 to 18 Months $164,960.00 After: 04/29/2023 18 to 24 Months $185,580.00 After: 10/29/2023 24 to 30 Months $206,200.00 After: 04/29/2024 30 to 36 Months $226,820.00

The Seller's Payment Obligation will continue to accrue at $18,280.00 or 20.00% (Flat Fee) of the Total Purchase Price for each 6 month period after the 36 month period. Call for final payoff. PLEASE READ #8 FOR ADDITIONAL REPRESENTATIONS AND DISCLOSURES.4

4 We note these interest rates and amount to be paid by Viglianti are not consistently stated.

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Additionally, the Funding Agreement included a provision entitled "Sale of Portion from [Viglianti's] Contingent Recovery," which stated:

[Viglianti] has valid reasons for selling [Legal Bay] a portion of the Recovery as opposed to waiting until there is a verdict, judgment, award, settlement, compromise or other resolution of the Claim. The Purchase Price received by [Viglianti] from [Legal Bay] must be used for immediate economic necessities or other purposes that [Viglianti] deems important.

[Viglianti] represents and notifies to [Legal Bay] that the Purchase Price will not be used either directly or indirectly to pursue the Claim in any manner.

The Funding Agreement also stated that the payment by Legal Bay was "not a loan."

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