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NEWSPRING MEZZANINE CAPITAL II, L.P. v. HAYES et al
Case Number:
2:14-cv-01706
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Judge:
Firms
Companies
Sectors & Industries:
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March 06, 2017
Network Co. Hid Financial Health Before Buyout, Jury Hears
The lawyer for one of Pennsylvania's largest private equity firms told a Pennsylvania federal jury Monday that the former owner of a North Carolina network infrastructure company hid the dire financial health of his company in order to induce a $15 million investment in 2013.
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March 03, 2017
Pa. PE Firm Inks Pretrial Deal With Co.'s Minority Owners
The minority owners of a network infrastructure company reached a settlement Friday of a federal lawsuit brought by one of Pennsylvania's largest private equity firms over the owners' alleged misrepresentation of their asset's value, a week after an earlier agreement was aborted.
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February 24, 2017
Pa. PE Firm's Pretrial Deal With Co. Minority Owners Fails
A potential settlement that would have released the minority owners of a network infrastructure company from a lawsuit brought by one of Pennsylvania's largest private equity firms alleging they misrepresented the value of their asset collapsed Friday, after a federal trial had been postponed because of the pending agreement.
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November 17, 2016
Minority Owners Say PE Firm Wrote Docs In Buyout Fight
The minority owners of a network infrastructure company involved in a dispute over a private equity buyout asked a Pennsylvania federal judge not to rule against them on their cross-claims against the company, arguing Thursday that they were induced into signing certain agreements.
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January 06, 2016
Network Co. Looks To Avoid Sanctions In PE Buyout Fight
The minority owners of a network infrastructure company involved in a dispute over a private equity buyout asked a Pennsylvania federal court on Tuesday not to impose financial sanctions on them for failure to provide documents by a court-ordered deadline, blaming their slow response on a previous attorney.
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June 03, 2015
Pepper Hamilton Shakes DQ Bid In Utility Co. Buyout Row
Pepper Hamilton LLP will keep representing Utilipath LLC in litigation involving the utility construction company's minority owners and a $15.75 million buyout by a private equity firm, after a Pennsylvania federal judge on Wednesday shot down an effort to disqualify the attorneys.
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January 20, 2015
Biz Owners Say Pepper Hamilton Counsel Hurting Their Shares
Minority owners of a fiber optics business who are being sued in Pennsylvania federal court by the private equity firm that acquired it said Tuesday that they are seeing their share bleed as a result of the company's representation by Pepper Hamilton LLP, which has previously represented the acquiring firm.