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IN RE CATANZARETI

Bankruptcy No. 08-11370 (RTL). Adversary No. 08-1472 (RTL).

400 B.R. 145 (2009)

In re Patsy CATANZARETI, Debtor. Patsy Catanzareti, Plaintiff, v. Kenneth S. Pizzo, Sr., Defendant.

United States Bankruptcy Court, D. New Jersey.

March 6, 2009.

Attorney(s) appearing for the Case

Richard D. Trenk, Esq., Trenk, DiPasquale, Webster, Della Fera & Sodono, P.C., West Orange, NJ, for Plaintiff.

Gerald E. Arth, Esq., Eric E. Reed, Esq., Fox Rothschild, LLP, Philadelphia, PA, for Defendant.

OPINION

RAYMOND T. LYONS, Bankruptcy Judge.

INTRODUCTION

Plaintiff's land was condemned by the municipality to prevent its development for residences. Defendant, as contract purchaser, claims the condemnation proceeds should go to him because he was prepared to accept title before the town condemned. The contract provides that condemnation proceeds belong to the Seller. The Buyer did not validly demand an early closing. There is no...

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