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PCVST Mezzco 4, LLC et al v. Wachovia Bank Commercial Mortgage Trust 2007-C30 et al
Case Number:
1:14-cv-06023
Court:
Nature of Suit:
Judge:
Firms
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January 13, 2015
Stuy-Town Juniors Kick $5.4B Loan Fight To State Court
A New York federal judge ordered Monday that a state court hear a lawsuit claiming CWCapital Asset Management LLC improperly seized the $5.4 billion Stuyvesant Town-Peter Cooper Village project following a debt default, a victory for junior lenders that say they were left out of the money.
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August 19, 2014
CWCapital Fires Back At Junior Lenders' Stuy Town Title Suit
CWCapital Asset Management LLC asked a New York federal judge Monday to toss a suit alleging it bilked junior lenders controlled by Centerbridge Partners LP when it took control of Stuyvesant Town-Peter Cooper Village, saying the plaintiffs are shadily challenging CWCapital's title in an effort to score a $1 billion profit.