Legal Opinion
Hudson City Savings Bank v. Hampton Gardens Ltd.
Supreme Court of New Jersey
Decided December 17, 1981PublishedCited by 13 opinions
1Opinion of the Court
The opinion of the Court was delivered by
SCHREIBER, J.
We are called upon to decide whether a mortgagee may recover on a supersedeas bond the interest accruing during an unsuccessful appeal by the mortgagor of a foreclosure judgment. This question is to be resolved under the circumstances of this case, where the fair market value of the property purchased by the mortgagee for a nominal amount at a sheriff’s sale is probably greater than the mortgage debt owed to the mortgagee and the surplus would have satisfied, in whole or in part, the interest accrued subsequent to the foreclosure judgment.
T…
2Cases cited14 opinions
- Poplar Grove Planting and Refining Co., Inc. v. Bache Halsey Stuart, Inc.Court of Appeals for the Fifth Circuit · 1979
- Kountze v. Omaha Hotel Co.Supreme Court of the United States · 1883
- Federal Prescription Service, Inc. v. American Pharmaceutical Ass'nCourt of Appeals for the D.C. Circuit · 1980
- Supervisors v. KennicottSupreme Court of the United States · 1881
- DeSimone v. Greater Englewood Housing Corp. No. 1Supreme Court of New Jersey · 1970
9 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Grow Company, Inc. v. ChokshiNew Jersey Superior Court Appellate Division · 2008
- CITIBANK, NA v. ErricoNew Jersey Superior Court Appellate Division · 1991
- Morsemere Fed. Sav. & Loan Ass'n v. NicolaouNew Jersey Superior Court Appellate Division · 1986
- Summit Trust v. Willow Business ParkNew Jersey Superior Court Appellate Division · 1994
- Shadow Lawn Sav. and Loan Ass'n v. PalmarozzaNew Jersey Superior Court Appellate Division · 1983
8 more not listed; retrieve them via the Exa API.