Billionaire Rennert must pay $213.2 million judgment: U.S. appeals court

(Reuters) - A federal appeals court said billionaire Ira Rennert must pay a $213.2 million judgment after a jury found him liable for looting his now-defunct magnesium company to build one of the country's most expensive homes, a 21-bedroom mansion in New York's Hamptons.

from Reuters: U.S. http://ift.tt/2m2RTmf