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LRGP III, LLC et al v. CPP Investment Board Real Estate Holdings, Inc. et al
Case Number:
1:14-cv-06937
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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September 11, 2014
PE Firm Says LPs Didn't Serve Injunction Papers In Fee Row
Liquid Realty Partners told a New York federal judge Wednesday that a group of its limited partners attempting to remove the private equity firm from its role as general partner in order to allegedly avoid paying $26.5 million in management fees failed to notify it of a recent preliminary injunction bid.
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August 29, 2014
PE Fund Slams Removal Bid By Limited Partners In Fee Row
Real estate secondary investing private equity fund Liquid Realty Partners has sued a group of its limited partners, saying that efforts by investors to remove it from its role as general partner to a set of funds is nothing more than an unjust effort to avoid paying $26.5 million in service fees.