December 10, 2024
Private equity firm Advent International told a Boston federal judge that a heated fraud lawsuit tied to its sale of a Mexican funeral business must be dismissed due to rulings from a Delaware judge upholding agreements it entered with the buyer limiting claims related to the transaction.
October 18, 2024
A Boston federal judge on Friday laid into attorneys for Boies Schiller Flexner LLP, Quinn Emanuel Urquhart & Sullivan LLP, and Ropes & Gray LLP for what she called needlessly aggressive and voluminous court filings in heated fraud litigation involving the sale of a Mexican funeral business.
April 23, 2024
Advent International Corp. and its counsel at Ropes & Gray and Quinn Emanuel allegedly fabricated claims that a Mexican corporation's lawyers corruptly influenced prosecutors and judges in the country to freeze the private equity firm's assets and issue arrest warrants for executives, according to a filing in Massachusetts federal court.
April 24, 2023
Advent International Corp. on Monday fired back at accusations that it hid financial troubles with the $225 million sale of a Mexican funeral business, attacking the buyer's assorted legal actions as "calculated extortion arising out of a plain-vanilla private equity transaction."
March 30, 2023
Global private equity firm Advent International Corp. allegedly cooked the books of its Mexican funeral services business to trick a buyer into paying nearly $225 million for the financially strapped, negatively valued company, according to a lawsuit filed in Boston federal court.