Cannabis Financer Wants To Arbitrate Escrow Theft Suit

By Isaac Monterose · May 8, 2023, 2:45 PM EDT

The owner of a cannabis investment company urged a California federal court to allow it to arbitrate a fraud suit accusing it of stealing an $880,000 escrow payment from two developers...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Motion

Case Information

Case Title

The Summers Group, Inc. et al v. Rinde et al

Case Number

Court

California Northern

Nature of Suit

Contract: Other

Date Filed

January 24, 2023

Recent Articles By Isaac

May 31, 2024
Healthcare REIT Closes $120M Loan For 8-Property Portfolio
May 13, 2024
Nursing Home Says Buyer's Lease Silence Endangers Future
April 01, 2024
Health System Says $1B In Losses Dooms Beth Israel Hospital
February 23, 2024
Health REIT Hid Halted $375M Equity Stake Deal, Suit Says
February 09, 2024
Groups Claim NYC Hospital Closing To Liquidate Real Estate
February 07, 2024
Lender Says Nursing Facilities Owner Owes $5.5M On HUD Loans
February 05, 2024
Northwind, REIT Close $52M In Loans For Healthcare Facilities
January 26, 2024
$298M Contract Row Can't Stay In Federal Court, Sellers Say
December 18, 2023
REIT Closes $258M Hospital Sale To University Of Texas
October 20, 2023
Pa. Hospital Sale Plan Halts AG's Fight To Stop Closure