The long-awaited face-lift and transformation of the shuttered Fashion Mall in Plantation into a $300 million mixed-use project has hit a major snag.
The majority owner of the mall, Tangshan Ganglu Iron & Steel Co. Ltd., has filed suit against the minority owner and manager, Wei Chen, accusing him of misappropriating $49 million. The Tangshan wants a federal judge to appoint a custodian to oversee management of the project and dissolve the company set up to oversee the project, Mapuche LLC.
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