Fund Not Liable For $100M RE Project Guarantee, Court Says

By Jess Krochtengel (December 7, 2012, 7:57 PM EST) -- A Texas appellate court on Thursday ruled that an investment fund that worked with lender Principal Commercial Acceptance LLC to finance the $100 million purchase and renovation of a Houston office complex wasn't obligated to pay $8.3 million in unfunded deferred equity....

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