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Dou, et al. v. Carillon Tower/Chicago LP et al.
Case Number:
1:18-cv-07865
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Cahill Gordon
- Duane Morris
- Glen J. Dunn & Associates
- Greenberg Traurig
- Hadef & Partners
- Littler Mendelson
- O'Melveny & Myers
- Pretzel & Stouffer
- Rachlis Duff
- Seyfarth Shaw
- Sullivan & Cromwell
Companies
Sectors & Industries:
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February 04, 2021
Ill. Judge Approves $50M Project Investment Fraud Settlement
An Illinois federal judge on Thursday gave his final blessing to a class settlement reimbursing a group of Chinese nationals who helped fund a $50 million Chicago tower project that went nowhere, saying he was happy to see the often-contentious litigation has resolved.
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December 02, 2020
Chinese Investors Reach Deal In $50M Project Fraud Suit
A group of 88 Chinese nationals who collectively invested $50 million in a Chicago tower project that went nowhere have reached a settlement with the developer that would see all their money returned plus fees.
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June 05, 2020
Chicago Developer Must Pay For Missed Deadline In $50M Suit
An Illinois federal judge on Friday sanctioned the owners of a failed Chicago real estate project $18,000 for their "flagrant disregard" of a deadline to show how they spent $49.5 million from Chinese investors who claim they were ripped off.
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May 26, 2020
Chinese Investors Push Again For Sanctions In Fraud Suit
Chinese investors told an Illinois federal judge Tuesday that they're worried they won't learn what happened to $45 million they pumped into a failed Chicago real estate project before its owners go bankrupt and creditors line up to collect their money.
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April 29, 2020
RE Project Owners Blame Virus For Delays In $50M Fraud Suit
The owners of a failed Chicago real estate project are blaming the COVID-19 pandemic for their delay in turning over a timeline of how they spent $49.5 million from Chinese investors, urging an Illinois federal court not to sanction them in the investors' suit over the allegedly misspent money.
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April 07, 2020
Investors Want Ill. Project Owners To 'Start Telling The Truth'
Chinese investors said Monday that the only way they'll learn what happened to $49.5 million they poured into a failed Chicago real estate project is if an Illinois federal judge sanctions the project owners until they finally fess up.
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December 16, 2019
Chinese Investors Say Discovery Abuse Warrants Default Win
A group of Chinese investors suing over the $50 million they poured into a Chicago real estate project that didn't come to fruition say a default judgment in their favor is the only option to resolve their "obviously hopeless" lawsuit, because those overseeing the project have repeatedly flouted court orders.
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September 12, 2019
Chinese Investors Get Class Cert. In $50M Project Fraud Suit
An Illinois federal judge on Wednesday granted class certification to a group of Chinese investors who claim they poured about $50 million into a Chicago real estate project as a path to a green card, only to find out nothing was ever built.
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