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Lender Wants €5.3M Unpaid Loan From Cancer Center

Law360, London (March 7, 2019, 6:57 PM GMT) -- A Dutch private equity firm has accused a cancer treatment center based out of Cyprus of failing to repay €5.3 million ($5.97 million) in loans and interest and frustrating accountants' attempts to answer why the company defaulted, according to a lawsuit filed with a London court.

AMC Purple III BV, a €200 million fund operated by Mezzanine Management, has told a London High Court that Amethyst Radiotherapy missed April’s deadline for repaying the loan and either ignored interest repayments or only paid part of what is owed.

The cancer treatment center, which has offices in Poland, Austria, Cyprus and France, has also...

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