Tag: Five Mile Capital
US court case to examine losses of Ritz investors
(CNS Business): A legal case in the South Dakota Supreme Court is scheduled to hear arguments this week on how a charitable foundation created by Marvin Schwan, a US frozen food magnate, lost around $600 million in offshore real estate ventures, including cash invested in the Ritz-Carlton, Grand Cayman. Schwan’s sons are trying to establish what […]
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