Meadow Accuses Pinnacle Of Meddling With Property Sales

Law360, New York (February 20, 2013, 5:46 PM EST) -- A unit of private equity firm Meadow Partners sued a Pinnacle Group entity Friday, alleging it interfered with the sale of nine New York properties that the two jointly own so that Pinnacle could take over the properties at a better price.

Meadow unit IWH Holdings LLC contends that Pinnacle Holding Co. XXXIV LLC, which has a right of first offer through an operating agreement, has been blocking Meadow's access to the properties and their financial records. Pinnacle is interfering with the marketing of the properties...
To view the full article, register now.
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.