Business Law
Jul. 30, 2026
Judge won't halt Industrial Realty Group's $2.9B property transfer
A Los Angeles judge denied minority investors' emergency bid to stop Industrial Realty Group's proposed $2.9 billion transaction, finding they failed to show the urgency required for ex parte injunctive relief.
A Los Angeles judge on Wednesday denied an emergency request by 17 minority investors seeking to immediately halt a proposed $2.9 billion transaction that would transfer most of Industrial Realty Group's real estate holdings to a publicly traded company amid a pending arbitration over those assets.
Represented by Hueston Hennigan LLP and Rosen Saba LLP, the investors sued Monday to block the deal, alleging Industrial Realty Group and its founder engineered it to transfer prope...
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