NYC Tower's Lenders Say They're 'Hostages' In Del. Ch. 11
By Leslie A. Pappas ( November 16, 2021, 6:05 PM EST) -- The largest mezzanine lender to a bankrupt midtown New York City office tower echoed calls to dismiss its investor-owners' Chapter 11 case, telling a Delaware bankruptcy court Tuesday that secured lenders are "hostages caught in the middle of a contentious battle" between the building's equity owner and long-term business partner....
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