Black Cube Sued By PE Firm Over $365M Canadian Suit
Law360, London (May 4, 2021, 5:10 PM BST) -- Canada's second largest private equity firm is suing Israeli investigative outfit Black Cube for a potential CA$450 million ($365 million), saying it provided ill-gotten intelligence that landed the firm in legal trouble.
The London offices of Israeli private investigation firm Black Cube, which is being sued in a London court by Canada's second largest PE firm. (AP Photo/Raphael Satter.)
Catalyst Capital Group Inc. tells London's Commercial Court in a Jan. 28 filing which has just been made public that Black Cube should pay damages after information it provided to the private equity firm caused it to be hit with a lawsuit....
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!