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Sample NJ Bankruptcy Cases
... PNY failed to make some of the tax payments. In 1994, PNY filed for bankruptcy. In 1998, through
the bankruptcy proceedings, Seasons Investment Corporation (SIC) purchased for $9.1 million
the hotel and PNY's right to reacquire from Shinnihon the Remainder Property. ...
... Unicor then sought protection under the Bankruptcy Code. Plaintiff EMC Mortgage Corporation
(EMC) purchased the Chaudhris' mortgage at a bankruptcy sale. EMC received an assignment
of the mortgage and proceeded on Unicor's behalf to prosecute the foreclosure action. ...
... On April 1, 2004, after the final judgment of foreclosure was entered but before title, possession
and ejectment were sought, defendant sought protection from her creditors pursuant to Chapter
XIII of the United States Bankruptcy Code, [1] 11 USC ยงยง 1301-1330, a step that ...
... Since the filing of defendant's bankruptcy petition stayed the equitable distribution issues in the
case, the suppression of defendant's answer on those issues violated the stay, and, hence, was
void ab initio. See Constitution Bank v. Tubbs, 68 F.3d 685, 692 n. 6 (3d Cir.1995). ...
... rendered the borrower and guarantors fully liable for a loan deficiency); First Nationwide Bank
v. Brookhaven Realty Assocs., 223 AD2d 618, 637 NYS2d 418 (NYApp.Div.), appeal dismissed,
88 NY2d 963, 647 NYS2d 715, 670 NE2d 1347 (1996) (bankruptcy filing triggered ...
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