Firms, Trump Targeted In $1B Row Over Investment Losses

Law360, New York (May 13, 2013, 8:01 PM EDT) -- Real estate magnate Donald Trump and big law firms including Nixon Peabody LLP and Morgan Lewis & Bockius LLP were targeted Monday in a $1 billion battle by Holocaust survivors and others over an investment scheme by the former promoter of a failed Trump hotel in Florida.

In a summons filed in New York state court, the plaintiffs claimed the defendants helped hide the 1998 conviction of Felix Sater, who had been involved in a $40 million racketeering scheme and had previously also admitted to his...
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