MMU OF NEW YORK, INC., As Assignee of 200 OCEAN
BOULEVARD ASSOCS., L.P. V. GRIESER
A-2484-08T3 08-04-10
A court has inherent equitable authority, even in the
absence of express statutory authorization, to allow a credit to
a judgment debtor for the fair market value of the debtor's
property that is executed upon and then purchased by a judgment
creditor at a sheriff's sale for a nominal amount.
