Hovde et al v. ISLA Development LLC et al

  1. November 28, 2018

    Ill. Is Wrong Venue For Mexico Loan Suit, Developer Says

    A developer accused of failing to pay more than $96 million related to mortgages on parcels of land in Mexico urged an Illinois federal judge Tuesday to throw out a lawsuit by lenders, saying the business and its owner do not have significant ties to the state and can't face claims there.

  2. November 05, 2018

    Lender Says Mexican Property Developer Owes $95M

    Property developer ISLA Development LLC allegedly owes its lenders $95.8 million plus interest for unpaid mortgages that were taken out to buy parcels in Mexico, according to a complaint filed in Illinois federal court.