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.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Memorandum

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

Family Trust Share Buyout Spurred Prison Phone Co.'s Ch. 11 No Photo Available

Yun Park

A bid by a holding company for Smart Communications to scoop up a family trust's ownership interest resulted in a court-ordered paymen... (more story)

Cole Schotz Heads Celebrate 100 Years Of Continuity, Success No Photo Available

Adrian Cruz

While a 100th anniversary is always cause for celebration, Cole Schotz PC reaching the milestone resonates especially strongly for a m... (more story)

JPMorgan Displaces Wells Fargo Atop Construction Debt Ranks No Photo Available

Andrew McIntyre

Ten U.S. banks held $5 billion or more in construction debt on the books as of the end of 2025's third quarter, with several banks tri... (more story)