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Lawsuits Piling Up Against Kopley

First it was David Derk, a buyer who filed suit against the car-salesman-turned-developer for not honoring the buy-back guarantee in his contract at the Renaissance Lofts. Now, MB Financial has filed a foreclosure suit against Nicholas Kopley for failing to pay back his loan on time. According to Crain's, foreclosure suits on two additional buildings have been filed against Kopley, totaling $2.45 million. No wonder he isn't buying those condos back. [Crain's]