M&A Adviser Sues Lithium Product Maker Over Unpaid Fee

By Ronan Barnard (June 14, 2022, 3:20 PM BST) -- A mergers and acquisitions adviser has launched a lawsuit against a lithium product manufacturer over allegedly unpaid fees from a deal for a £25 million ($30 million) corporate sale.

Trumont International Ltd. is suing Levertonhelm (Holdings) Ltd. and its majority shareholders, Jacqueline and David Hicks, in the High Court over an estimated £500,000 fee for work done for the sale of stock to Hamburg, Germany-based chemical company Helm AG, according to a May 24 claim, which has now been made public.

Levertonhelm retained Trumont International as a strategic and financial adviser in March 2021 for £25,000, or 2% of the proceeds...

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!