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....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Read the full article

Already a subscriber? Click here to login