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Terra Firma Investments (GP) 2 Limited et al v. Citigroup Inc. et al
Case Number:
1:09-cv-10459
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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May 31, 2013
Citigroup Suit By British PE Mogul Revived By 2nd Circ.
The Second Circuit has revived a fraudulent misrepresentation suit by British private equity mogul Guy Hands against Citigroup Inc. over Hands' takeover of music company EMI Group Ltd., throwing out a 2010 jury verdict Friday because a New York federal judge improperly instructed the jury on English law.
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January 11, 2011
Terra Firma To Appeal Pro-Citi Verdict In EMI Suit
British private equity firm Terra Firma Capital Partners Ltd. plans to appeal a federal jury's November verdict that dashed its hopes for compensation from Citigroup over its £4 billion ($6.2 billion) purchase of music firm EMI.
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November 04, 2010
Citigroup Defeats Terra Firma Suit Over $6B EMI Deal
A jury on Thursday shot down British private equity company Terra Firma Capital Partners Ltd.'s claims that a Citigroup Inc. executive misled the company during its roughly £4 billion ($6.3 billion) buyout of music company EMI Group Ltd. in 2007.
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November 03, 2010
Jurors Begin Deliberation In Citigroup-Terra Firma Row
Lawyers asked jurors Wednesday to sort out which businessman is lying in a bitter dispute between the founder of Terra Firma Capital Partners Ltd. and a Citigroup Inc. executive over the 2007 buyout of music firm EMI Group Ltd.
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October 20, 2010
UK Financier Says It's His Word Against Citi's In EMI Suit
Terra Firma Capital Partners Ltd. founder Guy Hands acknowledged in court Wednesday that he lacked hard evidence of any conversations in which a Citigroup Inc. executive tried to manipulate the private equity firm into overpaying for music company EMI Group Ltd.