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1 MANUFACTURERS AND TRADERS TRUST COMPANY as Indenture Trustee v. MARINA BAY TOWERS URBAN RENEWAL II, LP -- rank: 1000

... E)(i)(I), as well as its equitable powers under N.J.S.A. 40:37A-116, a provision affecting foreclosure actions set forth in the County ... properly exercised its equitable powers and discretion under the CIAL, N.J.S.A. 40:37A-116, to nullify the DCA provisions containing the A-5879-17T2 ... the court improperly relied on Section 116 of the CIAL, N.J.S.A. 40:37A-116, to extinguish the DCA Mortgage, DCA Deed, and AHA. The ... properly exercised powers granted to it within the CIAL by N.J.S.A. 40:37A-116 is a two-part question involving two different standards of ... of Pennsauken v. Schad, 160 N.J. 156, 170 (1999). N.J.S.A. 40:37A-116, the key statutory provision that was relied on by the ... to A. 3430 (L. 1979, c. 275). The language in N.J.S.A. 40:37A-116 was taken verbatim from L. 1967, c. 81, § ...

docket:	a5879-17
court:	NJ Superior Court Appellate Division
decided:	2019-10-22
status:	Unpublished
citation:
Document Size:	150454