Fla. Law Firm Escapes Biofuel Co.'s $7M PE Funding Suit

Law360, New York (December 07, 2012, 8:39 PM ET) -- An Idaho federal judge on Thursday tossed claims by Pleasant Valley Biofuels LLC against a Florida law firm over a soured $7 million financing deal between the Idaho-based renewables firm and private equity firm Quest Capital Finance Inc., finding that Idaho does not have jurisdiction over the law firm.

U.S. District judge Ronald E. Bush granted the request by the law firm Sanchez-Medina Gonzalez Quesada Lage Crespo Gomez & Machado LLP to dismiss the suit, saying that the law firm’s connections to Idaho in the current...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required