NJ Jury Puts $26M Price Tag On Land In Development Battle

By Law360 Staff · September 15, 2024, 11:10 AM EDT

A New Jersey federal jury found that the owner of a 22-acre former Michelin Tire & Rubber Co. factory at the heart of a land-taking battle should get $25.6 million from...

To view the full article, register now.

Documents

Case Information

Case Title

MILLTOWN-FORD AVENUE REDEVELOPMENT AGENCY v. UNITED STATES OF AMERICA

Case Number

3:19-cv-21494

Court

New Jersey

Nature of Suit

Condemnation

Date Filed

December 18, 2019

Featured Stories

Pandemic Fallout, Funding Woes Led Marine Co. To Hit Ch. 11 No Photo Available

Project disruptions, payment delays and rising operating costs following the COVID-19 pandemic put significant pressure on liquidity a... (more story)

Mastering The Bankruptcy Practice: Communication Tips No Photo Available

A newly minted bankruptcy lawyer can come out of law school prepared for many things, but attorneys say there are a considerable numbe... (more story)

First Brands' Ch. 11 Plan Went A Step Too Far, Experts Say No Photo Available

While First Brands sought to follow a Chapter 11 plan strategy like the one employed by Steward Health Care that aimed to pay professi... (more story)