Investment Firms Pause $3M Fee Dispute For Settlement

Law360, London (July 8, 2019, 2:21 PM BST) -- A London judge has paused a financial adviser's lawsuit, which accuses a Rwandan investment company of failing to pay almost $3 million in fees, until late September to allow the terms of a settlement agreement to take effect.

London-based IAF Corporate Finance LLP and Ngali Holdings Ltd. reached a settlement during mediation talks in June and now have until Sept. 27 to carry out its conditions, which were not disclosed.

Philip Pelling QC, sitting as a judge for the High Court, also extended the monitoring dates until the end of November and reminded the two companies to "immediately inform the court, and...

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

Related Sections