Stark & Stark Shareholder Timothy P. Duggan, Chair Stark & Stark’s Bankruptcy & Creditor’s Rights, Eminent Domain and Real Estate Tax Appeal Groups, was a Star-Ledger Guest Columnist in the op-ed article “Irvington’s Eminent Domain Plan Not the Answer,” published on January 29, 2014.
The article discusses why the town of Irvington, New Jersey’s plan to use eminent domain to acquire mortgages is a bad idea. Mr. Duggan explains, “At the end of the day, it is unlikely the program will have any positive impact on anyone (other than savvy investors and loan facilitators) and may ultimately reduce the values of homes.”
To read the full article, click here.