TCW To Move Forward With Sale To Carlyle Despite EIG Suit

Law360, New York (December 3, 2012, 6:29 PM EST) -- A California federal judge issued an injunction Friday allowing TCW Group Inc.'s to sell its assets to the Carlyle Group LP as long as it meets certain conditions, after TCW's joint venture partner EIG Global Energy Partners LLC fought to block the deal.

U.S. District Judge Christina A. Snyder said TCW's majority owner Societe Generale SA could go forward with the sale as long as it places TCW's stake in the joint venture into a trust 10 days before the acquisition. The joint venture operates an...
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