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Gill Holding Company, Inc. v. Summit Partners Credit Advisors, L.P.
Case Number:
1:18-cv-00316
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April 06, 2018
Auto Parts Co. Says Summit Exclusivity Deal Has Expired
Automotive parts supplier Gill Holding Co. Inc. urged a Michigan federal judge on Thursday to let it move forward with a $90 million refinancing deal, saying it doesn't owe the credit arm of Summit Partners any money under an exclusivity agreement that Gill claims expired before it clinched an alternate source of funding.
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March 22, 2018
Summit Unit Can't Block Financing Bid, Auto Parts Co. Says
The credit arm of Summit Partners is trying to prohibit an automotive parts supplier from exploring alternative financing sources, according to a lawsuit removed to Michigan federal court Wednesday, which says the attempts by Summit are based on an expired exclusivity agreement.