American Dream Mall Under Fire: Lawsuit Alleges $800M Collusion to Cheat Bondholders
the staff of the Ridgewood blog
East Rutherford NJ, The legal “nightmare” for the American Dream megamall in East Rutherford, NJ, just took a massive turn. On February 6, 2026, bondholders represented by U.S. Bank filed a scathing 12-count lawsuit, alleging the mall and the Borough of East Rutherford conspired to artificially slash the property’s value to avoid paying its debts.
