Developer's RICO Suit Over Failed $23M Real Estate Deal Axed

Law360, New York (October 30, 2012, 3:39 PM EDT) -- A New York state court recently granted a motion to dismiss one of several suits by a Brooklyn real estate owner against his former partner, Banco Popular North America and others over a failed $22.6 million real estate project, ruling that the plaintiff failed to state a valid claim.

New York Supreme Court Judge Carolyn E. Demarest said in an Oct. 22 opinion that claims brought by Martin Daskal against Joseph Tyrnauer and others under the Racketeer Influenced and Corrupt Organizations Act were insufficient as a...
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