REIT Seeks To Exclude Developer From $75M Loan Fight

Law360, New York (April 2, 2012, 8:32 PM EDT) -- Real estate investment trust Weingarten Realty Investors told a Texas federal judge Monday that a ruling against Stewart Miller as an individual in a suit seeking to keep developer Miller Sheridan LLC on the hook for a $75 million loan would not prevent the firm from protecting its interests in the future.

Miller Sheridan sought to intervene in WRI's action against its manager in February, arguing that Miller faced a “huge risk” and possible personal bankruptcy should the court rule against him, and that he is...
To view the full article, register now.