Riker Danzig Wins Priority Ruling In NJ Mortgage Row
By Martin Bricketto (June 17, 2015, 5:39 PM EDT) -- Riker Danzig Scherer Hyland & Perretti LLP won from a New Jersey appeals court Wednesday priority over the mortgages of another creditor trying to recoup money from camera sales businesses and their owners, which were on the hook for more than $3 million in legal fees.
In a published decision, the New Jersey Appellate Division reversed an order that gave priority to earlier mortgages of Rosenthal & Rosenthal Inc.'s on an Ocean Township, New Jersey, property owned by the daughter of Jack Benun, whose family controlled companies including Jazz Photo Corp. and Jazz Products LLC. The mortgages covered existing debts that...
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