Ex-Genova Burns Client Fights To Keep $90M RICO Suit Alive

Law360, New York (February 5, 2014, 5:31 PM EST) -- A onetime owner of foreclosed-on properties suing Valley National Bancorp and Genova Burns Giantomasi Webster LLC for allegedly defrauding real estate borrowers on Wednesday told a New Jersey federal court that his $90 million racketeering and bribery claims were not laid to rest in earlier state court and bankruptcy proceedings.

Hoping to dismiss the civil racketeering lawsuit in federal court, Valley and its officials have accused Anthony Ottilio and his company Ottilio Properties LLC of improperly reasserting failed arguments, but Ottilio contends none of the legal...
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