By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN
SDNY COURTHOUSE, Oct 27 – Bank of China, New York Branch and its Chief Lending Officer Raymond L. Qiao pressured borrower Paul V. Profeta to personally guarantee an already issued loan. Litigation ensued.
On October 27 U.S. District Court for the Southern District of New York Judge Sidney H. Stein held a proceed. Inner City Press covered it.
Judge Stein inquired into the status of the related New Jersey litigation.
Then he continued the stay of this Federal case, requesting status reports in January and June 2022, and to be notified of any material events.
The case is LVP Associates L.L.C. et al v. Bank of China, New York Branch, 17-cv-5274 (Stein)
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