Meyer Chetrit in civil contempt over subpoena, faces $39M fire damages judgment

Developer Meyer Chetrit is being held in civil contempt of court for failing to comply with a subpoena.  The petition relates to a 2016 case. Lebanese fashion designer Reem Acra’s brands claimed defendants including the Chetrit Group caused a fire, resulting in $21 million in alleged damages by smoking the brand’s Spring Bridal collection, 300 evening gowns and other inventory. One dozen fire trucks responded to the blaze, which the label argued was caused by improper demolition work at a next-door building.  This June, the label won a total judgment of $38.7 million.  After the judgment, the brand served Meyer […]This article originally appeared on The Real Deal. Click here to read the full story.