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Neiman Marcus' Defamation Suit Baseless, Marble Ridge Says

Law360 (March 21, 2019, 10:10 PM EDT) -- Just days after its $1 billion fraudulent transfer lawsuit against Neiman Marcus was dismissed, Marble Ridge Capital urged a Texas trial court on Thursday to toss the defamation suit the retailer filed over statements the investment firm made about its debt.

In a hearing in Dallas County District Court, Marble Ridge Master Fund LP said it had made only non-actionable opinion statements about Neiman Marcus when it released a letter expressing concerns about the luxury retailer’s financial condition. The investment firm argued that the suit should be dismissed under the Texas Citizens Participation Act because it was exercising its free speech...

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