$18 million Novartis sale stalls amid lawsuit

Discussion in 'Novartis' started by anonymous, Feb 26, 2017 at 3:36 PM.

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  1. anonymous

    anonymous Guest

    SUFFERN - A firm poised to purchase the vacant Novartis campus for $18 million has filed a lawsuit claiming the deal has been stymied by the pharmaceutical company's refusal to allow aggressive environmental testing.

    A lawsuit filed Feb. 10 in state Supreme Court in New City by RS Old Mill LLC is seeking to force the Swiss drugmaker to allow the testing or return its $2.5 million deposit. The suit also seeks to prohibit Novartis from seeking other buyers.

    Court papers identify RS Old Mill as “a foreign limited liability company" formed under Delaware state law, and which is now located in Mahwah, New Jersey. The complaint is signed by Yehuda Salamon, who is listed as the firm's manager.
     

  2. anonymous

    anonymous Guest

    sounds shady as shit.
     
  3. anonymous

    anonymous Guest

    From past experience Novartis knows the cost of cleaning up their mess. This is really criminal trying to sell a plot that they know practically glows in the dark. Someone at Novartis better read their own ethics guidelines.
     
  4. anonymous

    anonymous Guest

    :D
     
  5. anonymous

    anonymous Guest

    If you search "Toxic Asset" in the dictionary, I bet a picture of this piece of Novartis real estate pops up