Irish Real Estate Mogul Sued For $95M Over Chicago Spire

Law360, New York (November 22, 2013, 3:24 PM EST) -- RMW Acquisition Co. LLC filed suit in Illinois federal court Thursday to recoup the more than $95 million it is allegedly owed as a result of the unfinished Chicago Spire, saying that guarantor Garrett M. Kelleher is responsible for paying the debt.

Development on the Chicago Spire, which was supposed to be the tallest building in the U.S., came to a halt in 2008 due to the economic crisis, leaving only the foundation of the building completed along with a massive hole of debt for all...
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