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Accused Seller Says Buyer Can't Duck $8M Fraud Defense Tab

An attorney for a private equity venture accused of misleading investors who paid $295 million for a now-insolvent agricultural commodity business told a Delaware vice chancellor Monday that the new owners can't justify nullification of an arbitral order to pay seller defense costs.

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Court Of Chancery Grants Stay Of Discovery Pending Resolution Of Advancement Claim - Litigation, Mediation & Arbitration

Court Of Chancery Grants Stay Of Discovery Pending Resolution Of Advancement Claim - Litigation, Mediation & Arbitration
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Private Equity Fund May Be Liable for Fraud, Aiding and Abetting Fraud and Conspiracy in $295 Million Sale of Portfolio Company Due to Alleged Inflated Financial Forecasts | Gray Reed

Private Equity Fund May Be Liable for Fraud, Aiding and Abetting Fraud and Conspiracy in $295 Million Sale of Portfolio Company Due to Alleged Inflated Financial Forecasts | Gray Reed
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