7 West 57th Street Realty Company, LLC v. CitiGroup, Inc. et al

  1. April 01, 2015

    Banks Escape Real Estate Mogul's $100M Libor-Rigging Suit

    A New York federal judge ruled Tuesday that a lawsuit against Citigroup Inc. and dozens of other banks failed for lack of personal jurisdiction and because real estate mogul Sheldon Solow's claims that Libor manipulation cost him $100 million were brought too late.

  2. February 13, 2013

    Real Estate Mogul Sues Banks For $100M Over Libor-Rigging

    New York real estate mogul Sheldon Solow on Wednesday sued Citigroup Inc. and a host of other banks alleging that their manipulation of the London Interbank Offered Rate caused a loan portfolio he owned to default in 2008, costing him more than $100 million.