Washington, D.C. Newsroom, Jun 29, 2020 / 10:00 am
Companies owned by Italian businessman Raffaele Mincione have filed lawsuits against the holding company which owns the London building at the center of a multi-million-dollar real estate investment by the Holy See, and against the Vatican Secretariat of State. Both suits were filed with the High Court of England and Wales in London, which is the court of first instance for high value civil cases.
On June 17, Mincione's company WRM Capinvest filed suit against the Jersey-registered holding company, 60 SA Ltd., according to legal news service Law360.
60 SA Ltd. owns the building at 60 Sloane Avenue, which was acquired by the Secretariat of State from Mincione in stages for some $300 million.
In a separate action, Luxembourg-based Athena Capital Fund SICAV-FIS SCA, a unit of Athena Capital Fund, which is also owned by Mincione, filed a commercial contract claim against the Secretariat of State, Law360 reported this month.