Krones Inflated $184M Le-Nature's Deal, Marshall Says

Law360, New York (October 31, 2012, 8:53 PM EDT) -- The Marshall Group Inc. on Wednesday hit Krones AG with a lawsuit over its 2005 sale of bottling equipment to the now-bankrupt Le-Nature’s Inc., saying Krones intentionally overpriced and lied about the $184 million transaction for the purpose of furthering Le-Nature’s fraud scheme.

Marshall served as the syndication agent for the deal, bringing in financial institutions to purchase participation interest in the synthetic lease financing of the fallen beverage company’s Phoenix plant. The company claims that because of Krones’ misrepresentations, it has been caught in a...
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