Goldman Sachs, Golub to fight lender claims on John Hancock Center

02/1/2012 | Wall Street Journal, The

Goldman Sachs' Whitehall real estate fund and Golub have decided to fight creditors for ownership of the John Hancock Center in Chicago, rather than let the 100-story tower go into default. The owners have about $400 million in debt on the property maturing Feb. 9. They have requested a loan extension and will challenge claims by the debtholders in court.

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