(See related story here)
Brent Gardner-Smith, Aspen Journalism:
"A lower court judge, Judge Charles Ramos, dismissed Related's claims for monetary damages in its initial lawsuit during oral arguments in January 2011, but he did not rule on Related's motions for declaratory or injunctive relief.
Related then appealed the judge's dismissal of monetary claims. Oral arguments in the appeals case took place Jan. 26.
With its decision last week, the appeals court dismissed all of Related's claims against the banks and leaves the company on the defensive in the three loan-guarantee lawsuits, which are being heard by Ramos, as well as several other ongoing lawsuits from Hypo.
Officials from Related declined to comment on the court's decision or other ongoing litigation, as did Michael Tande, an executive with Lowe Enterprises, which is now managing Base Village on behalf of the banks...." (Read more? Click title)
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