14 unchanged sentences
Other than the foregoing, there were no material pending legal proceedings, other than ordinary routine litigation incidental to the business, to which the Company or any of its subsidiaries is a party or of which any of their property is the subject.
+Added: Mori Restaurant LLC v.
+Added: Parke Bank Matter
+Added: On May 20, 2014, Parke Bank (the "Bank") loaned Voorhees Diner Corporation ("VDC") the original principal sum of $1.0 million for purposes of tenant fit out, and operation, of the Voorhees Diner situated at 320 Route 73, Voorhees, New Jersey 08043.
+Added: VDC leased the Diner property under that certain Lease with Mori Restaurant LLC ("Mori") dated May 20, 2014.
+Added: In connection with the loan from the Bank and as security therefor, VDC pledged its leasehold interest to the Bank.
+Added: On March 6, 2015, the loan was modified, and the principal amount of the loan was increased to $1.4 million.
+Added: On January 8, 2020, the Bank declared VDC in default of its loan obligations.
+Added: Judgment was entered against VDC and in favor of the Bank, and the court appointed Alan I.
+Added: Gould, Esquire, as the Receiver for the Voorhees Diner Corporation.
+Added: Gould subsequently caused VDC's leasehold interest in the Diner property to be sold at sheriffs sale.
+Added: The Bank's REO subsidiary, 320 Route 73 LLC, was the successful bidder and took title thereto.
+Added: Mori Restaurant has filed counterclaims against 320 Route 73 LLC and the Bank for rent
+Added: allegedly accruing due during the period that the Receiver was in possession of the premises.
+Added: As to all of Mori Restaurant’s claims, the Bank defendants’ primary, but not exclusive, defense in this matter is that, pursuant to that certain Fee Owner Consent executed by and between Mori Restaurant and the Bank, in November 2014, the lease between VDC and Mori Restaurant was terminated as a matter of law and neither the Bank nor 320 Route 73 LLC have liability to Mori Restaurant under the lease or otherwise.
+Added: The Bank believes this suit is without merit, denies any and all liability and intends to vigorously defend against this matter.
Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.