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Aterian Loses Dismissal Bid In P.J. Mechanical Suit
By Jarek Rutz
The Delaware Superior Court has refused to dismiss a lawsuit accusing private equity firm Aterian Investment Partners of improperly draining millions of dollars from a holding company to avoid paying earnout obligations owed to the former owners of P.J. Mechanical, finding that the founders plausibly alleged that Aterian intentionally interfered with their contract.
Opinion attached |
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