Atlas Capital sues “penny-pinching” LA Times owner Soon-Shiong for back rent

by TRD Staff

Billionaire Patrick Soon-Shiong, the owner of the Los Angeles Times, overstayed his welcome at the publication’s former printing plant in Downtown — then left the 26-acre plant in “shambles,” according to a lawsuit. Alameda, an affiliate of New York-based Atlas Capital Group, has sued the Times owner for $24 million, alleging he failed to pay […]This article originally appeared on The Real Deal. Click here to read the full story.

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