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Deutsche Bank AG, owner of the $3.9 billion Cosmopolitan Resort & Casino in Las Vegas, is offering to partially refund deposits to some condominium buyers in the delayed project, Bloomberg is reporting. A Deutsche Bank unit that took over the Cosmopolitan in a foreclosure is offering buyers of West Tower units 74 percent of their deposit principal to walk away, according to a copy of the proposal provided by Sigal Chattah, a lawyer for some purchasers. The tower has 1,353 condo units, the documents show.
Deutsche Bank offers settlement to Cosmopolitan buyers
(via Bloomberg) · October 19, 2009 · 8:49 PM
Discussion: 6 comments so far...
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Hey Schmucks, take the money and run as fast as you can to the nearest OBAMANATION bank and cash the check! If you sue the SOB's your shyster lawyer will take at least 30% anyway after years of legal mumbo jumbo! Run you fatass, run with your banty little legs as fast as you can, collect the check and thank your dumbass selfs for this little break!
What an angry dumbass you are, artswanson.
lol
You may not like his post but the 1st poster is correct. A suit will take years and eat up money. I'd be thrilled to get 74%(why that odd number?) and walk away asap.
State law needs changing. Deposits shouldn't go to the seller. Deposits should be held by a third party escrow agency. I thought this was already law!
arty; a little rough but it did hit the sweet spot!
Maybe the other 26% went to
CAMPAIGN CONTRIBUTIONS...?