Justices Pass On Fight Over NJ Pier Project Loan

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“The courts of appeals have taken disparate approaches to Colorado River’s parallelism test: some courts correctly recognize its intended flexibility, while others impose narrow and unjustified constraints on its operation,” argued the Steelmans in their brief.

Justices Pass On Fight Over NJ Pier Project Loan : Pier Project Saga Unfolds

The legal saga began in 2015 when Ernest Bock LLC sued the Steelmans in New Jersey state court after their company defaulted on $6.4 million in loans provided by Ernest Bock. The loans were intended for the purchase and renovation of an amusement park pier in Atlantic City. Despite initially winning an $11.8 million judgment in New Jersey, Ernest Bock faced a setback when a New Jersey appeals court vacated the decision in October 2022.

Following the New Jersey court’s ruling, Ernest Bock initiated a federal suit in Nevada, accusing the Steelmans of hiding assets after the vacated judgment. The federal court suit extended its scope to include Suzanne Steelman-Taylor, Stephen Steelman, Jim Main, multiple Steelman-related companies, and two Steelman-associated attorneys, Aaron Squires and Matthew Mahoney.

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Justices Pass On Fight Over NJ Pier Project Loan : Legal Titans at Odds

Representatives for the involved parties, including the Steelmans, Jim Main, and various companies, did not immediately respond to requests for comments on Monday, adding an air of mystery to the already convoluted legal proceedings.

Legal Eagles Take Flight

Notable legal minds are steering the parties through this legal labyrinth. The Steelmans and Jim Main are represented by a team from O’Melveny & Myers LLP and Brownstein Hyatt Farber Schreck LLP. On the opposing side, Competition Interactive and other Steelman-related companies are relying on legal guidance from Ballard Spahr LLP, while Aaron Squires and Matthew Mahoney have legal representation from Solomon Dwiggins Freer & Steadman Ltd.