Estrella Settles $7M Suit Over Adviser's Loan Commission

Law360, New York (November 21, 2011, 7:51 PM EST) -- A New York federal judge on Monday dismissed a $6.7 million lawsuit brought by a financial advisory firm that claimed oilfield services company Estrella International Energy Services Ltd. reneged on a commission owed for securing a loan from Credit Suisse Group AG after both sides reached a settlement.

Florida-based B Group LLC sued Estrella and its CEO Warren Levy in New York state court in March, claiming Estrella never paid the company a commission owed for securing an $80 million loan from Credit Suisse. The suit...
To view the full article, register now.




Case Information

Case Title

B Group, LLC v. Estrella Overseas Ltd. et al

Case Number



New York Southern

Nature of Suit

Contract: Other


P. Kevin Castel

Date Filed

March 22, 2011

Law Firms


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.