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

Behind The Scenes With Rhodium Special Committee Duo No Photo Available

From forensic tracing of hundreds of crypto mining rigs to understanding the ins and outs of Texas' energy market, the special committ... (more story)

Finance Execs Taking A Strict Line On Late Pay Penalties No Photo Available

Almost two-thirds of U.S. finance leaders are unwilling to wait longer than 60 days before imposing penalties for late payments on inv... (more story)

Genesis' $1B Sale Approved, Roomba Maker Ch. 11 Plan OK'd No Photo Available

Nursing home operator Genesis Healthcare secured approval of a $1 billion asset sale, Roomba-maker iRobot received confirmation of its... (more story)