November 29, 2019

News

The 71-year-old developer’s attorney, Bruce Rudman, submitted the voluntary filing Wednesday on behalf of 901 Strada LLC, according to the papers. The Daily Mail was the first to report the news.

The LLC is attached to Hadid’s 30,000-square-foot Los Angeles semi-built home, which an L.A. Superior Court judge recently deemed dangerous and ordered torn down, according to the report.

Mohamed Hadid was not mentioned in the bankruptcy papers, other than providing his name, signature and title as “managing member.” Court documents classified 901 Strada, and in turn, the massive property, as being worth between $10 million and $50 million. continue reading

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