In re Princeton Office Park LP

Ruling: 
State tax sale certificate holder did not have a "tax claim" and was not entitled to anti- modification protections.
Procedural posture: 
The creditor filed a proof of claim in the amount of $ 1,775,791.33, citing "taxes" as the basis of the debt obligation, The debtor filed a motion to fix the claim amount, interest rate and payment terms. The debtor argued that the creditor's claim was not a "tax claim" under New Jersey law, and therefore was not entitled to the anti-modification interest protection of 11 U.S.C.S. § 511(a). The parties moved for summary judgment.
Issue: 
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Commercial case opionion summary, case decided on February 17,2010, LexisNexis #0410-115