CLOVER SQUARE ASSOC. v. NORTHWESTERN MUT. LIFE INS.

Civ. A. No. 87-2906.

674 F.Supp. 1137 (1987)

CLOVER SQUARE ASSOCIATES, Plaintiff, v. The NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, Defendant.

United States District Court, D. New Jersey.

December 16, 1987.


Attorney(s) appearing for the Case

Robinson, Wayne, Levin, Riccio & LaSala, Newark, N.J., for plaintiff.

Stryker, Tams & Dill, Newark, N.J., for defendant.


OPINION

CLARKSON S. FISHER, District Judge.

Before the court are cross-motions for summary judgment in this 28 U.S.C. § 1332(a) diversity action. Plaintiff, Clover Square Associates (hereafter "CSA"), has filed this action challenging the validity of various provisions of its mortgages, held by Northwestern Mutual Life Insurance Company (hereafter "Northwestern"), which prohibit prepayment of the mortgages prior to January 1, 1991.

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