Wednesday, September 2, 2009

Moinian versus Goldman

This should be interesting

Moinian’s Almah LLC, a company he controls and which owns the building, alleges that Goldman has “unclean hands” and “engaged in underhanded dealings designed to cheat” Almah out of tens of millions of dollars after entering into the deal with AIG. AIG isn’t named as a defendant in the suit.


Moinian’s complaint was in response to a lawsuit Goldman Sachs filed last month that alleges Moinian owes Goldman more than $3 million. Moinian benefited from Goldman staying in the building when it could have terminated its Maiden Lane lease last year, according to the bank’s complaint.

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