The minority owners of 44.3 acres encompassing the former White Flint Mall in Montgomery County — a candidate for Amazon’s $5 billion second headquarters — filed a restraining order Friday to stop a transaction that would strip them of their 25 percent interest.
The minority owners — descendants of developer Henry Reich — said the restraining order would stop developer Ted Lerner and Tower MD Holdings LLC, the two Rockville-based majority owners of the White Flint Mall site, from “going forward and consummating” the land deal, according to Jeremy Schulman of Schulman Bhattacharya LLC, who is representing the minority owners.
Lerner, of Lerner Enterprises, and Albert “Sonny” Abramson, Tower Cos.’ founder, co-developed the mall with Reich. Representatives with Lerner and Abramson did not return calls for comment.
Schulman said the opposing counsel “agreed to stand down for a 14-day period.”
“They have agreed not to go forward imminently with this transaction,” Schulman said. “We are working toward a full injunction hearing in court to convince the judge to impose the restraint for the duration of a case.”