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foreclosure sale typically involves transferring ownership of a property to the highest bidder, but in the case of TwentyFour25 West Loop South, things are more complicated. The National Bank of Kuwait has been trying to take control of the distressed property for three years and claims that Ali Choudhri's company, Jetall Capital, is refusing to vacate a suite at the building. By allegedly trespassing, Choudhri is "diminishing the value of the property," according to the lender.

    The bank has been trying to foreclose on the property since 2021, but Choudhri's company managed to delay the sale through bankruptcy filings and legal battles. The bank finally regained control of the building in August after a protracted fight. TwentyFour25 West Loop South is a 283,000-square-foot office building that was once the headquarters of Stage Stores, which folded in 2020.

    Choudhri's troubles extend far beyond this one property. In September, US Bankruptcy Judge Jeffrey Norman called Choudhri "a forger and a liar" after two former associates testified against him. The judge referred the matter to the Department of Justice, suggesting that Choudhri may face serious consequences for his actions.