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NY Landlord Takes On Walmart in $150M Fraud Suit - USA Herald
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NY Landlord Takes On Walmart in $150M Fraud Suit - USA Herald
A New York City landlord has filed a lawsuit against Walmart Inc. and the bankruptcy successor to Bonobos Inc., alleging a massive fraudulent scheme related to a Fifth Avenue retail lease. The complaint, filed by EKFH LLC in the Delaware Court of Chancery, seeks hundreds of millions in compensatory and punitive damages under both Delaware and New York law. The lawsuit claims that Walmart and WHP Global orchestrated a plan to strip valuable asset…
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