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North Avenue Capital LLC v. Appogee Kazmira LLC
Case Number:
3:20-cv-00354
Court:
Nature of Suit:
Judge:
Firms
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April 10, 2020
Holding Co. For CBD Firm Wants Suit Over $10M Loan Tossed
A real estate holding company for a Colorado CBD and hemp oil wholesaler urged a Texas federal court to toss a lawsuit by a commercial lender seeking a $100,000 breakup fee on a $10 million loan contract, saying the court lacks jurisdiction because the company does no business in the Lone Star State.
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February 14, 2020
CBD Maker Accused Of Breaching $10M Loan Contract
A commercial lender has filed suit in Texas federal court seeking $100,000 in damages from CBD oil maker Appogee Kazmira LLC for allegedly breaching a $10 million loan contract by securing financing from another lender during their exclusivity period.