Airbnb Inc. is suing Miami developer Harvey Hernandez, claiming he redirected money from an $11 million loan intended to expand the home-sharing company’s offerings in urban apartments.
The San Francisco-based company alleges Hernandez and his NGD Homesharing LLC baited Airbnb into supplying the capital to help NGD manage rental properties with the goal of Airbnb expansion.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
