Conrad Group Sues Agincourt Over $512M Fund

Law360, New York (December 07, 2011, 2:04 PM ET) -- The Conrad Group LLC hit Agincourt Capital (Jersey) Ltd. with a breach of contract suit Tuesday in Florida claiming Agincourt owes it potentially millions of dollars for its work creating a fund to raise AU$500 million (US$512 million) for Australian real estate investments.

The complaint, filed in Miami federal court, also names as defendants Agincourt CEO Craig Turnbull, who runs the Hong Kong-based real estate fund manager, and Australian investor Sean Rothsey, who is not part of Agincourt.

Florida-based Conrad Group, a financial advisory firm, claims...
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