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

Judge Nixes Puerto Rico Bond Claim, Tilson Sues Gigapower No Photo Available

A New York federal judge ruled that bondholders of Puerto Rico's public electric utility cannot pursue claims against the commonwealth... (more story)

Meet The Attys Guiding IG Design Through Ch. 11, Asset Sale No Photo Available

Gift wrap manufacturing giant IG Design Group Americas Inc. has called upon a team of attorneys from Latham & Watkins LLP to help the ... (more story)

Debt Burdens, Revenue Drop Led Pet Care App Wag! To Ch. 11 No Photo Available

Persistent unprofitability, revenue declines related to the COVID-19 pandemic, mounting debt and failed restructuring efforts led the ... (more story)