Ilikai developer accused of misusing money

A group of California investors has filed a federal lawsuit seeking to stop developer Brian Anderson from holding a "fire sale" of some 100 condominium units at the Ilikai hotel in an effort to stave off foreclosure on a $94 million loan.

Publication: bizjournals.com
Date of Publication: June 20, 2008
Article URL: http:/ / www.bizjournals.com/ pacific/ stories/ 2008/ 06/ 23/ story1.html