Law360, Los Angeles (September 12, 2012, 10:20 PM ET) -- A Wexford Capital LP subsidiary sued Archer Wells Co. over the private equity company's $630 million sale of a pumping services company, alleging Archer breached the terms of the purchasing agreement and withheld tens of millions of dollars being held in an escrow account, according to a complaint filed Tuesday.
The lawsuit, filed by GW Holdings I LLC in New York state court, is part of the continuing fallout related to the sale of Great White Energy Services LLC to Archer in August 2011. The complaint...
Wexford Subsidiary Sues Over $630M Sale Of Well Servicer
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