Lehman Brothers sues to enforce a $168 million loan guarantee on the bankrupt Fontainebleau Las Vegas

Lehman Brothers wants South Florida developer Jeffrey Soffer to cover a $168 million loan he personally guaranteed for the failed Fontainebleau Las Vegas casino.

The federal suit filed Thursday sets up a long-awaited showdown between Soffer and creditors of the Vegas project, which was sold for pennies on the dollar in bankruptcy court last month. Soffer partially blamed the Vegas venture's downfall on Lehman, the lender whose collapse in 2008 helped spark the global financial crisis.


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