EB-5 Investors Drop Suit Over $2.5B LA Hotel Takeover

By Grace Dixon · January 24, 2024, 4:42 PM EST

A California federal court has signed off on a joint request by EB-5 investors and affiliates of billionaire businessmen David and Simon Reuben to ax claims the brothers purposely tanked the $2.5 billion...

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Documents

Case Information

Case Title

Investment Recovery Capital, Inc. v. Motcomb Estates, Ltd. et al

Case Number

2:23-cv-01452

Court

California Central

Nature of Suit

Contract: Other

Date Filed

February 27, 2023