Dou, et al. v. Carillon Tower/Chicago LP et al.

  1. February 04, 2021

    Ill. Judge Approves $50M Project Investment Fraud Settlement

    An Illinois federal judge on Thursday gave his final blessing to a class settlement reimbursing a group of Chinese nationals who helped fund a $50 million Chicago tower project that went nowhere, saying he was happy to see the often-contentious litigation has resolved.

  2. December 02, 2020

    Chinese Investors Reach Deal In $50M Project Fraud Suit

    A group of 88 Chinese nationals who collectively invested $50 million in a Chicago tower project that went nowhere have reached a settlement with the developer that would see all their money returned plus fees.

  3. June 05, 2020

    Chicago Developer Must Pay For Missed Deadline In $50M Suit

    An Illinois federal judge on Friday sanctioned the owners of a failed Chicago real estate project $18,000 for their "flagrant disregard" of a deadline to show how they spent $49.5 million from Chinese investors who claim they were ripped off.

  4. May 26, 2020

    Chinese Investors Push Again For Sanctions In Fraud Suit

    Chinese investors told an Illinois federal judge Tuesday that they're worried they won't learn what happened to $45 million they pumped into a failed Chicago real estate project before its owners go bankrupt and creditors line up to collect their money.

  5. April 29, 2020

    RE Project Owners Blame Virus For Delays In $50M Fraud Suit

    The owners of a failed Chicago real estate project are blaming the COVID-19 pandemic for their delay in turning over a timeline of how they spent $49.5 million from Chinese investors, urging an Illinois federal court not to sanction them in the investors' suit over the allegedly misspent money.

  6. April 07, 2020

    Investors Want Ill. Project Owners To 'Start Telling The Truth'

    Chinese investors said Monday that the only way they'll learn what happened to $49.5 million they poured into a failed Chicago real estate project is if an Illinois federal judge sanctions the project owners until they finally fess up.

  7. December 16, 2019

    Chinese Investors Say Discovery Abuse Warrants Default Win

    A group of Chinese investors suing over the $50 million they poured into a Chicago real estate project that didn't come to fruition say a default judgment in their favor is the only option to resolve their "obviously hopeless" lawsuit, because those overseeing the project have repeatedly flouted court orders.

  8. September 12, 2019

    Chinese Investors Get Class Cert. In $50M Project Fraud Suit

    An Illinois federal judge on Wednesday granted class certification to a group of Chinese investors who claim they poured about $50 million into a Chicago real estate project as a path to a green card, only to find out nothing was ever built.