Editing Mall of America (section)

=== Legal battle ===
In 2003, after a protracted six-year legal battle between [[Simon Property Group]], the managing general partner of the property, and the Ghermezian brothers/Triple Five Group, over majority ownership of the site, a federal appeals court ruled in favor of the Ghermezians, effectively transferring control and planning authority of the mall back to the creator of the concept.<ref>{{cite news|newspaper=Star Tribune|title=Brothers win back control of megamall; Simon Property will contest a ruling that transfers majority ownership|date=September 12, 2003}}</ref> The dispute stemmed from a 1999 purchase of Teacher's Insurance's 27.5% equity stake by Simon Properties, giving them majority ownership. The Ghermezians claimed they were never told of the deal and sued Simon, citing fiduciary responsibility.<ref name="auto"/> On November 3, 2006, the Ghermezians gained full control of Mall of America by spending US$1&nbsp;billion.<ref name="TCBJ110307">{{cite news |url=http://twincities.bizjournals.com/twincities/stories/2006/10/30/daily39.html|title=Ghermezians take sole control of Mall of America in $1B deal|first=Sam|last=Black|newspaper=Minneapolis / St. Paul Business Journal|date=November 3, 2006}}</ref>