Broker Seeks $23M From Yucaipa's Soho House Buy

Law360, New York (February 16, 2012, 5:58 PM EST) -- A real estate broker sued Yucaipa Cos. LLC for $23 million in New York state court Thursday, saying he provided key introductions and broker services six years ago that led to the private equity firm's acquisition last month of a London-based hospitality group.

Nathaniel Christian says Yucaipa and its billionaire founder Ron Burkle used him for introductions to the owners of the Soho House Group in 2006, when Yucaipa was considering an investment in the company. He said the deal included a $380 million equity stake,...
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