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

Incora Uptier Fight Lays Bare Risks For Private Equity Backers No Photo Available

In the bruising battles for position among lenders to debt-laden companies, private equity firms often remain relatively unscathed. Bu... (more story)

The Onion's Infowars Bid Rests On Whether Highest Is Best No Photo Available

As satirical media company The Onion prepares to defend its offer to buy Alex Jones' right-wing conspiracy show, Infowars, it is relyi... (more story)

How Spirit Airlines Landed In Bankruptcy Court No Photo Available

Ultra-low-cost airline Spirit has always been more susceptible to inflationary pressures than its costlier competitors, but its failed... (more story)