NAB Slams JE Robert Co. With $60M Contract Suit

Law360, Los Angeles (April 9, 2012, 9:19 PM EDT) -- National Australia Bank Ltd. on Friday launched a $60 million fraud and breach of contract lawsuit in New York state court against J.E. Robert Co. Inc. and other entities linked to real estate investment management company JER Partners.

NAB accuses J.E. Robert Co. Inc., JER Topco LLC and four JER-named real estate limited partnerships, along with Blackjack Investors LLC and a number of individuals, of tortious interference with contract, fraud and conspiracy related to breaches of certain derivatives agreements in April 2009, according to a summons...
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