July 07, 2015
Finding no jurisdictional tie to New York, a Manhattan federal judge Tuesday cut Japan-based Hitachi Metals Ltd. and two of its subsidiaries from investment banking firm Truenorth Capital Partners LLC's bid to collect a $6.8 million fee tied to Hitachi's 2014 purchase of Waupaca Foundry Inc. for $1.3 billion.
May 18, 2015
Hitachi Metals America LLC said Friday that it doesn't owe Truenorth Capital Partners LLC a $6.8 million consulting fee after buying private equity-backed Waupaca Foundry Inc. for $1.3 billion, arguing that Truenorth played no role in the deal.
February 02, 2015
Investment banking firm Truenorth Capital Partners LLC has filed suit against Hitachi Metals America Ltd., alleging the company owes it more than $6.8 million for breaching a consulting contract after Hitachi paid $1.3 billion to purchase private equity-backed Waupaca Foundry Inc.