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

Sale Plan Standoff Led Worldwide Machinery Into Ch. 11 No Photo Available

A dispute with a secured lender over competing sale plans prompted Worldwide Machinery, a construction equipment sale and rental compa... (more story)

Bowled Over: How Inflation Put Pinstripes In Ch. 11 No Photo Available

Pinstripes Holdings Inc., a restaurant chain offering bocce ball and bowling alongside fettuccine bolognese, was buffeted by inflation... (more story)

Spirit's Shake-Up In 2nd Ch. 11 May Not Save Budget Airline No Photo Available

In its second bankruptcy case in under a year, Spirit Airlines has vowed to use the tools of Chapter 11 to ditch jets and change where... (more story)