Capital Fund Sues Clinic To Clarify Interest Dispute

Law360, London (January 13, 2020, 5:18 PM GMT) -- Two funds managed by a private equity firm have launched legal action in London against an in-vitro fertilization clinic into which they poured money in 2012, urging the court to settle a dispute over the construction of the contract underpinning the investment.

CBPE Capital Fund VIII A and B are suing Mohamed Taranissi and his company, ARGC Topco Ltd., an IVF clinic, over the entitlement to interest on £45.2 million ($58.6 million) outstanding under two loan notes issued by Topco.

The funds, which are managed by CBPE Capital LLP, have asked the High Court for a declaration that a letter signed...

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!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!