The World : Marcos Estate in U.S. Sold
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The Philippine government sold for $1 million an East Coast estate that was won from ex-President Ferdinand E. Marcos in a New Jersey court case. The liquidation of the New Jersey property--a home and 13 acres near Princeton--was the first in the United States since the Commission on Good Government was formed by Philippine President Corazon Aquino to recover the allegedly ill-gotten foreign holdings of Marcos, lawyers in the case said. In a separate New York legal battle, the Aquino government won a settlement worth $5.25 million from an alleged Marcos middleman, according to lawyers.
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