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The auction of LA's The One was a dud. Now the fight over the proceeds is getting ugly

The auction of LA's The One was a dud. Now the fight over the proceeds is getting ugly
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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After The One auction flopped, lenders feud over who gets paid

The One megamansion sold for just $141 million, leaving creditors in the lurch. Now, one lender has filed a lawsuit against the others that includes allegations of forgery and other wrongdoing. ....

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Court approves sale of The One mansion to Richard Saghian

A Bankruptcy Court judge approved a $141-million offer by Fashion Nova founder Richard Saghian for the Bel-Air mega-mansion known as 'The One.' ....

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Will Russia's invasion of Ukraine block the sale of The One?

The auction of The One mega-mansion was held soon after Russia's invasion of Ukraine, and those disappointed in the winning bid want a do-over. ....

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Fashion Nova CEO Richard Saghian buys 'The One' mega-mansion

Richard Saghian, chief executive and founder of the online retailer Fashion Nova, confirmed to The Times that he submitted the winning bid for The One the biggest residence in Los Angeles. ....

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