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Jul. 26, 2017

Potential $1B real estate lawsuit fizzles over plaintiff’s delay

A potential $1 billion real estate lawsuit spanning 14 years between four brothers undramatically fizzled out on the eve of trial as a Los Angeles judge dismissed the case on the grounds that the plaintiff took too long to get it to trial.

A potential $1 billion real estate lawsuit among four brothers and spanning 14 years undramatically fizzled out on the eve of trial as a Los Angeles judge dismissed the case because the plaintiff took too long to get it to trial.

Plaintiff Shashikant Jogani was awarded more than $65 million by a jury after filing a lawsuit in 2003 against his brothers, arguing they owed him $250 million as partners in six Los Angeles County real e...

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