Rezko-Related Case Still Unraveling

The Courthouse News Service reports and a lawsuit not gaining much attention:

One of Antoin Rezko's former business partners claims Rezko conspired to sell a 62-acre parcel of land in Chicago's rapidly developing South Loop neighborhood to a Luxembourg-based real estate group, instead of paying his debts.

In 2011, Antoin "Tony" Rezko, an influential Syrian-American political fundraiser, was convicted of running a pay-to-play influence scheme that demanded kickbacks from companies seeking government contracts. He was sentenced to 10½ years in federal prison.

Semir Sirazi and his companies Greenstone Capital and Mardini Inc. sued General Mediterranean Holdings, Orifarm, and Nadmi Auchi in Federal Court.
The complaint refers to the defendants as "the GMH defendants." It concerns events that happened before Rezko was convicted.

Sirazi claims that from 2006 to 2008 the defendants made "efforts to leapfrog the Sirazi plaintiffs, superior creditors of Antoin S. Rezko, by secretly obtaining

Rezko's ownership interests in a 62-acre parcel in Chicago's South Loop co-owned with the GMH defendants in exchange for forgiving Rezko's debts to them and providing Rezko with access to millions of dollars in new capital."

No word yet from Alderman Ed Burke or Barack Obama on this story.