NJ Town Must Face Builder's Development Conspiracy Suit
Law360 (May 1, 2019, 5:17 PM EDT) -- Edgewater, New Jersey, can't ax a developer's lawsuit alleging municipal officials have blocked its plans for waterfront housing as part of a conspiracy with a rival builder, after a federal judge rejected the borough's position that he lacks jurisdiction due to related state litigation.
U.S. District Judge John Michael Vazquez on Tuesday denied the municipality's motion to dismiss the complaint from 615 River Road Partners LLC over the town's allegedly corrupt scheme with developer Fred Daibes, who is separately facing criminal charges of fraudulently obtaining roughly $9 million in bank loans.
Among other arguments, Edgewater asserted that the judge should abstain...
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