November 20, 2018
Investment adviser Investcorp lambasted Kortright Capital Partners LP in a heated exchange over whether Investcorp can duck the sole remaining claim in a $100 million suit alleging it defaulted on investment promises by pulling funds out of Kortright ahead of a deal with another party, according to new filings in New York federal court.
October 22, 2018
Investcorp did not renege on investment promises when it pulled client funds out of its strategic partner ahead of the partner's collapse, the investment advisory firm argued in a New York federal court in its bid to escape a "nonsensical" $100 million negligent misrepresentation suit.
June 27, 2017
A Manhattan federal judge on Tuesday let stand a negligent misrepresentation claim in asset manager Kortright Capital Partners LP's $100 million lawsuit against estranged strategic partner Investcorp Investment Advisers Ltd. over an investor pullout that allegedly tripped up a separate deal and destroyed the plaintiff's business.