Kasowitz Defends Fortress Investment Group Subsidiary against Billion Dollar RICO and Antitrust Claims

Kasowitz Defends Fortress Investment Group Subsidiary against Billion Dollar RICO and Antitrust Claims

Kasowitz represents FIG LLC, a subsidiary of asset manager Fortress Investment Group in an action in the United States District Court for the Southern District of New York brought by Leslie Dick Worldwide and Leslie Dick.  In that action, plaintiffs seek over one billion dollars in damages for alleged RICO and antitrust conspiracies, concerning the 2003 sale of the General Motors Building in New York City and the Conseco bankruptcy.  These purported conspiracies allegedly involved many of the most prominent players in the real estate market, including, George Soros, Deutsche Bank, AG, Cerberus Capital Management, Conseco, Lazard Freres & Co. Harry Macklowe, and Donald Trump, among others.  On December 22, 2008, Kasowitz filed a motion to dismiss plaintiffs' claims against FIG.  Kasowitz partners Marc E. Kasowitz and Albert Shemmy Mishaan, and Associate Kenneth David represent FIG.