A Green Bond Project Destined For Disaster?

Law360, New York (March 10, 2011, 2:02 PM EST) -- There’s a chance you’ve already read Rick Moriarty’s fantastic piece from the Syracuse Post-Standard about the latest hurdle facing the developer (Robert Congel) of the star-crossed Destiny USA mega-mall project in Syracuse, N.Y.

If you're not familiar with the case, in November of 2009, the Appellate Division for the Fourth Department in New York upheld (in a split 3-2 decision) the Onondaga County Supreme Court’s decision that Destiny was entitled to a preliminary injunction requiring its construction lender, Citigroup Global Markets Realty Corp., to continue funding...
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