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Exiled Chinese billionaire’s $300M lawsuit dismissed

A judge dismissed a $ 300 million lawsuit against Chinese developer SOHO China and principal Shiya Pan, according to court documents filed today. New York Supreme Court Judge Paul Goetz dismissed a complaint brought by Guo Wengui, an exiled Chinese billionaire and real estate developer who alleged he had been unjustifiably sued by Soho two years ago. The judge found no indication that the 2017 lawsuit had been “perversely utilized” by Soho for any other goal

The Real Deal New York

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