Jersey City sues lien collectors for negligence

Resnick, Amy B.
November 1997
Bond Buyer;11/21/97, Vol. 322 Issue 30278, p1
Trade Publication
Reports that Jersey City, New Jersey, has filed a lawsuit against lien servicers Banker Trust Co. and Breen Capital Services Corp. and trustee Marine Midland Banks Inc. over the city's 1993 and 1994 tax-lien securitizations. Fees paid to the servicers; Ratings of the city's bonds; Other entities named in the lawsuit.


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