Meadow Accuses Pinnacle Of Meddling With Property Sales

Law360, New York (February 20, 2013, 5:46 PM EST) -- A unit of private equity firm Meadow Partners sued a Pinnacle Group entity Friday, alleging it interfered with the sale of nine New York properties that the two jointly own so that Pinnacle could take over the properties at a better price.

Meadow unit IWH Holdings LLC contends that Pinnacle Holding Co. XXXIV LLC, which has a right of first offer through an operating agreement, has been blocking Meadow's access to the properties and their financial records. Pinnacle is interfering with the marketing of the properties...
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