Sun Investors Appeal Lost Bid To Join Securities Suit

Law360, New York (February 22, 2010, 2:02 PM EST) -- Annandale Partners LP and other investors with roughly $250 million invested in three funds run by Sun Capital Inc. are appealing the denial of their request to intervene in a securities case against the company.

The investors filed a notice of appeal Friday in the U.S. District Court for the Middle District of Florida signaling their intent to challenge Judge John E. Steele's Jan. 21 decision barring them from intervening in the case.

The would-be intervenors claim to hold about 40 percent of the $550 million...
To view the full article, register now.




Case Information

Case Title

Newman v. Sun Capital, Inc. et al

Case Number



Florida Middle

Nature of Suit

Contract: Other


John E. Steele

Date Filed

July 14, 2009

Law Firms

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.