Legal Opinion
Cargill Global Trading v. APPLIED DEVELOPMENT COMPANY
District Court, D. New Jersey
Decided April 21, 2010No. Civ. No. 03-5920 (WHW)PublishedCited by 30 opinions
1Opinion of the Court
OPINION
WALLS, Senior District Judge.
Defendant, Essex & Sussex Associates, L.P. (“Essex”), obtained a mortgage from Berkshire Mortgage Finance Bethesda Limited Partnership (“Berkshire”) to finance an independent living rental facility for senior citizens. The mortgage note, backed by a security ultimately purchased by plaintiff, Cargill Global Trading Company (“Cargill”), contained a rider limiting Essex’s right to pay the loan before December 31, 2006 (the “prepayment restriction”). It also contained a provision permitting the Department of Housing and Urban Development (“HUD”), which insured…
2Cases cited31 opinions
- Printing Mart-Morristown v. Sharp Electronics Corp.Supreme Court of New Jersey · 1989
- Sons of Thunder, Inc. v. Borden, Inc.Supreme Court of New Jersey · 1997
- Wilson v. Amerada Hess Corp.Supreme Court of New Jersey · 2001
- Brunswick Hills Racquet Club, Inc. v. Route 18 Shopping Center AssociatesSupreme Court of New Jersey · 2005
- Northview Motors, Inc. v. Chrysler Motors Corporation Joseph P. Nigro, TrusteeCourt of Appeals for the Third Circuit · 2000
26 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Jurista v. Amerinox Processing, Inc.District Court, D. New Jersey · 2013
- Bondi v. Citigroup, Inc.New Jersey Superior Court Appellate Division · 2011
- Ergowerx International, LLC v. Maxell Corp. of AmericaDistrict Court, S.D. New York · 2014
- Baxter Healthcare Corp. v. HQ Specialty Pharma Corp.District Court, D. New Jersey · 2016
- Hettinger v. KleinmanDistrict Court, S.D. New York · 2010
25 more not listed; retrieve them via the Exa API.