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United States of America v. L Capital Partners SBIC, L.P.
Case Number:
1:12-cv-00937
Court:
Nature of Suit:
Judge:
Firms
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January 02, 2014
SBA Wants Stay On Simparel Lifted To Protect Copyright
The U.S. Small Business Administration asked a New York federal judge on Thursday to lift a stay on private-equity-backed Simparel Inc., so the agency can pursue litigation against former Simparel employees who posted the company's financial management software on a competitor's website.
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April 19, 2012
Feds To Liquidate PE Unit For Small Biz Lending Breach
The U.S. Small Business Administration won court approval Thursday to take control of a subsidiary of private equity firm L Capital Partners LLC that lent out $96 million in federal funds and violated guidelines meant to limit risk.