Fla. Law Firm Escapes Biofuel Co.'s $7M PE Funding Suit

Law360, New York (December 7, 2012, 8:39 PM EST) -- An Idaho federal judge on Thursday tossed claims by Pleasant Valley Biofuels LLC against a Florida law firm over a soured $7 million financing deal between the Idaho-based renewables firm and private equity firm Quest Capital Finance Inc., finding that Idaho does not have jurisdiction over the law firm.

U.S. District judge Ronald E. Bush granted the request by the law firm Sanchez-Medina Gonzalez Quesada Lage Crespo Gomez & Machado LLP to dismiss the suit, saying that the law firm’s connections to Idaho in the current...
To view the full article, register now.