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Fontainebleau Principal Fights Subpoena Of Financial Docs

Law360, Miami (August 6, 2014, 8:36 PM EDT) -- Real estate mogul Jeffrey Soffer, a principal in the failed $2.9 billion Fontainebleau Las Vegas resort and casino project, on Wednesday asked a Florida bankruptcy judge to issue a protective order blocking efforts to get Soffer's financial information by term lenders fighting a settlement of directors and officers litigation.

In a hearing before U.S. Bankruptcy Judge A. Jay Cristol, Soffer's attorney Paul Singerman of Berger Singerman LLP said that the term lenders' 27 subpoenas on nonparties is an attempt to derail the $83 million settlement, which is set for a two-day hearing beginning Sept. 11. The deal has a deadline of...

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