Dutch PE Fund, Cancer Center Settle €5.3M Repayment Suit

Law360, London (October 31, 2019, 2:40 PM GMT) -- A Dutch equity firm has reached a settlement with a cancer treatment center it accused of failing to repay €5.3 million ($5.9 million) in loans and interest.

Judge Simon Picken signed off a consent order at the High Court on Wednesday saying that the parties had “negotiated agreed terms of settlement” and that the fund managed by the equity firm had filed a notice seeking to drop the litigation.

The dispute stemmed from a €21 million loan package that AMC Purple III BV — a €200 million fund operated by the Dutch firm, Mezzanine Management — struck with Amethyst Radiotherapy Ltd. in 2014. The...

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