Chicago real estate investor Gerald Nudo allegedly schemed to secretly sell off his business partner’s stake in a joint development project last week but was thwarted at the last minute. Developer Todd Bryant found out second hand that Nudo planned on Nov. 20 to sell off Bryant’s stake in a Scottsdale, Arizona, development site that the two co-own via a UCC sale, a lawsuit filed by Byrant alleges.Bryant then secured a Hail Mary court order to delay the sale two hours before it was set to take place. It’s unclear when Bryant found out about Nudo’s alleged plan to sell his stake in the development project, but Bryant sued just two days before the sale. A hearing on the matter is scheduled for next month, with a potential sale rescheduled to Dec. …
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