Daol Rexmark Union Station LLC et al v. Union Station Sole Member, LLC

  1. January 05, 2023

    Union Station LLC Beats Bank's Bid To End Foreclosure Suit

    A New York federal judge on Wednesday denied a South Korean bank's bid to declare it the controlling entity over Washington, D.C.'s Union Station, continuing a nearly $141 million foreclosure suit.

  2. January 02, 2023

    Commercial Real Estate Cases To Watch In 2023

    As elevated interest rates and the threat of an economic downturn weigh on the real estate market, attorneys have their eye on litigation stemming from commercial lease remedy provisions and a growing resignation that 2020-era disputes may not be reconcilable out of court. Here, Law360 looks at three commercial real estate-related disputes lawyers will be watching in 2022.

  3. December 15, 2022

    Union Station Fights Bank's Early Win Bid In Foreclosure Suit

    An affiliate of investment firm Ashkenazy Acquisition Corp. asked a New York federal judge to deny a South Korean bank's request for an early win in a $141 million foreclosure suit over stakes in Washington, D.C.'s Union Station, alleging it is premature since discovery has not been completed.

  4. August 23, 2022

    Bank Gets Control In Union Station Foreclosure, For Now

    A Manhattan federal judge temporarily declared a South Korean bank the rightful manager of Washington, D.C.'s Union Station on Tuesday, lambasting real estate investor Ashkenazy Acquisition Corp.'s "snide" attempt to invalidate a $141 million foreclosure.

  5. August 05, 2022

    Bank Says Firm Won't Give Up Stake In DC Union Station

    One of the largest banks in South Korea and its affiliates argued in New York federal court that developer Ashkenazy Acquisition Corp. has refused to recognize it no longer controls an interest in Washington, D.C.'s Union Station after defaulting on two loans that are now worth more than $560 million.