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CALIFORNIA | LOCAL
March 19, 1991 | JEFFREY L. RABIN, TIMES STAFF WRITER
A group of wealthy Saudi Arabian investors have filed suit to dissolve their partnership with Marina del Rey's biggest developer, accusing Abraham M. Lurie of engaging in fraud since selling them a 49.9% stake in his extensive Marina holdings nearly two years ago. The lawsuit filed last week in Los Angeles Superior Court seeks a court order to liquidate the partnership and appoint the Saudi investor group as receiver of Lurie's properties, which make up nearly one-fifth of the Marina.
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CALIFORNIA | LOCAL
March 19, 1991 | JEFFREY L. RABIN, TIMES STAFF WRITER
A group of wealthy Saudi Arabian investors have filed suit to dissolve their partnership with Marina del Rey's biggest developer, accusing Abraham M. Lurie of engaging in fraud since selling them a 49.9% stake in his extensive Marina holdings nearly two years ago. The lawsuit filed last week in Los Angeles Superior Court seeks a court order to liquidate the partnership and appoint the Saudi investor group as receiver of Lurie's properties, which make up nearly one-fifth of the Marina.
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CALIFORNIA | LOCAL
August 9, 1989 | JEFFREY L. RABIN, Times Staff Writer
After receiving assurances that a secretive group of foreign investors is not involved in drug-trafficking, money-laundering, criminal activity or terrorism, the Los Angeles County Board of Supervisors on Tuesday unanimously approved a complex deal giving the overseas interests a 49.9% stake in prime leases at Marina del Rey. The $21.
CALIFORNIA | LOCAL
August 9, 1989 | JEFFREY L. RABIN, Times Staff Writer
After receiving assurances that a secretive group of foreign investors is not involved in drug-trafficking, money-laundering, criminal activity or terrorism, the Los Angeles County Board of Supervisors on Tuesday unanimously approved a complex deal giving the overseas interests a 49.9% stake in prime leases at Marina del Rey. The $21.
CALIFORNIA | LOCAL
September 15, 1988
An attempt by a major leaseholder in Marina del Rey to raise the rent of people who live on boats was sunk Wednesday by county officials. The Small Craft Harbor Commission denied a request by Real Property Management Inc., which controls 1,122 of the 6,000 slips in Marina del Rey, to raise the so-called live-aboard surcharge from 55% to 75% of monthly slip fees, or a minimum of $350.
NEWS
September 15, 1988 | JULIO MORAN, Times Staff Writer
An attempt by a major leaseholder in Marina del Rey to increase the rent for people living on their boats to at least twice the highest rate charged in the area has been sunk by county officials. The Los Angeles County Small Craft Harbor Commission on Wednesday endorsed the decision by Director Ted Reed to deny Real Property Management Inc. a minimum $350 surcharge in addition to the monthly slip fee.
NEWS
April 18, 1991 | JEFFREY L. RABIN, TIMES STAFF WRITER
A Superior Court judge has granted California Federal Bank's request to have a receiver take control of six Marina del Rey properties operated by developer Abraham M. Lurie and his Saudi Arabian partners. But after a brief hearing Monday in Santa Monica, Judge Sara K. Radin delayed the effect of her order for 10 days during which Lurie can appeal the decision or attempt to reach an accommodation with the bank. Lurie said in a statement that he was disappointed with the court's order.
CALIFORNIA | LOCAL
August 9, 1989 | JEFFREY L. RABIN, Times Staff Writer
After receiving assurances that a secretive group of foreign investors is not involved in drug trafficking, money laundering, criminal activity or terrorism, the Los Angeles County Board of Supervisors on Tuesday unanimously approved a complex deal giving the overseas interests a 49.9% stake in prime leases at Marina del Rey. The $21.
NEWS
June 13, 1991 | JEFFREY L. RABIN, TIMES STAFF WRITER
Marina del Rey's biggest developer, Abraham M. Lurie, has filed for personal bankruptcy in the midst of a pitched battle with his Saudi Arabian partners for control of his extensive Marina holdings.
NEWS
July 30, 1989 | JEFFREY L. RABIN, Times Staff Writer
A secretive group of foreign investors, using a major Paris bank, a Luxembourg holding company, a Cayman Islands tax shelter and a series of California corporations, is buying into Marina del Rey. Unlike many of the highly publicized foreign purchases of private Southern California real estate, this transaction involves investment in public land. The marina is owned by Los Angeles County, and businesses there operate on long-term leases obtained from the county.
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