245 Park Member LLC v. HNA Group (International) Company Limited

  1. August 28, 2023

    SL Green Wants HNA Co-Counsel To Stay If Kobre & Kim Exits

    One of the law firms representing Chinese conglomerate HNA Group can withdraw from a suit litigating tens of millions in debt the multinational corporation owed to an SL Green Realty affiliate as long as someone is still around to enforce a long-standing judgment, says opposing counsel in the case.

  2. August 14, 2023

    Kobre & Kim Looks To Ditch HNA Group Over Unpaid Fees

    Kobre & Kim LLP said Monday that there's been "an irretrievable and irrevocable breakdown" of its relationship with a subsidiary of Chinese conglomerate HNA Group, which is challenging a court order forcing it to turn over its most valuable asset to an SL Green Realty Corp. affiliate owed about $185 million.

  3. May 30, 2023

    NY's Highest Court May Weigh In On $185M Award Fight

    A subsidiary of the Chinese conglomerate HNA Group wants New York's highest court to clarify whether state law permits the turnover of a Delaware limited liability company as it challenges a ruling ordering it to hand over its most valuable asset to an SL Green Realty Corp. affiliate owed about $185 million.

  4. May 19, 2023

    HNA Told To Give Holder Of Chicago Tower, NY Center To LLC

    A New York federal judge on Friday gave HNA International seven days to finally turn an entity over to an affiliate of real estate investment trust SL Green Realty Corp., which owns a Chicago tower and a New York conference center, finding that the Chinese firm has tried to avoid paying a $185.4 million arbitration award.

  5. February 28, 2023

    SL Green Says It Hasn't Received A Dime Of $185M Judgment

    An SL Green entity says a New York federal judge should deny HNA Group's bid to sidestep a $185 million judgment it owes the office space giant, arguing that HNA's motion is based on "irrelevant, misleading and untrue statements."

  6. February 13, 2023

    HNA Says Turnover Order Is Barred Under NY, Del. Law

    Corporate conglomerate HNA Group urged a New York federal court to reject an SL Green Realty affiliate's bid to obtain an HNA Group unit's assets to satisfy a $185 million arbitral award, arguing that Delaware and New York laws prohibit the affiliate's request.

  7. February 06, 2023

    HNA Group Says SL Green Already Received Owed Judgment

    An HNA Group subsidiary urged a New York judge Friday to relieve it from paying a $185 million award to an affiliate of SL Green Realty Corp., arguing SL Green has already collected what it's owed.

  8. February 03, 2023

    HNA Group Can't Sell New York Property, Judge Says

    A New York federal judge on Friday put a halt to an HNA Group subsidiary's attempt to sell an asset for $33 million without notifying an SL Green Realty Corp. affiliate that it owes $185 million.

  9. December 09, 2022

    HNA Group Must Show Why It Shouldn't Pay Debt, Judge Says

    An SL Green Realty Corp. affiliate urged a New York federal judge Thursday to force an HNA Group subsidiary to turn over its interest in an entity that owns a Chicago property for the satisfaction of a $185 million judgment.

  10. November 03, 2022

    Kasowitz Prevails In $185M Bankruptcy Suit

    Kasowitz Benson Torres LLP secured a victory in a bankruptcy suit in Delaware against an HNA Group subsidiary when a judge denied HNA's proposed plan of reorganization for a Chicago asset in an alleged attempt to avoid paying a $185 million judgment.