REIT Can't Intervene In $8M Retirement Fund Arbitration

By Joyce Hanson ( August 24, 2018, 8:30 PM EDT) -- A retirement fund won its bid in Illinois federal court Friday to toss a hotel real estate investment trust's suit seeking to vacate a decision denying it the right to intervene in an arbitration over $8 million owed to the fund by a previous property manager, with the judge ruling the REIT isn't a party in the dispute....

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