Stranded condo buyer objects to receiver’s move in Rishi Kapoor’s aftermath

by Francisco Alvarado

More than four years after putting a $3 million deposit on an unfinished penthouse in disgraced developer Rishi Kapoor’s first luxury condominium project, a stranded condo buyer is still fighting to recoup its funds. The condo buyer, Mironrest CG, objected to court-appointed receiver Bernice Lee seeking to hire her own law firm to handle clawback litigation.  It’s the latest kerfuffle in the ongoing liquidation saga of Location Ventures, the defunct Coral Gables firm founded by Kapoor. Lee and Mironest CG attorney Jonathan Minsker declined comment.  The proposed contingency fee for Kozyak Tropin & Throckmorton, where she is a partner, is […]This article originally appeared on The Real Deal. Click here to read the full story.
Eric Reikenis
Eric Reikenis

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