Rachel Scharf (9:34 PM EDT Aug. 23, 2022) — A federal judge in Manhattan on Tuesday temporarily declared a South Korean bank to be the rightful manager of Washington, D.C.’s Union Station. Real estate investor Ashkenazi Acquisition Corporation’s “Snide” is seeking to void a $141 million foreclosure.
U.S. District Judge Gregory H. Woods filed a lawsuit earlier this month alleging Ashkenazis refused to relinquish control of the transit hub after defaulting on a $100 million mezzanine loan to Cookmin Bank. issued a preliminary injunction in favor of
According to the complaint, Seoul-based Kookmin purchased shares in Union Station that were owned 15 years ago by a real estate investor for $141 million.
one step ahead
In the legal profession, information is the key to success. You need to know what’s happening with your clients, competitors, business areas, and industry. Law360 provides the intelligence you need to stay expert and stay ahead of the competition.
Access to case data within articles (number, application, court, nature of case, etc.).
Access to attachments such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific articles, case topics, and more.