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Wednesday, May 22, 2024 | Back issues
Courthouse News Service Courthouse News Service

Commerce

Morgan Stanley Capital Partners sued JC Flowers II LP for $105 million in New York County Court, claiming Flowers breached contract by backing out of a deal to buy that much common stock of Direct Response Corp., an auto insurer.

Alpha Capital Anstalt claims Brilliant Technologies Corp. breached a promissory note by failing to deliver 50 million shares of Brilliant common stock, in Manhattan Federal Court.

CPI Parnassus demands $57 million from Salvador Francisco Ornelas Hernandez in a dispute over a loan and construction of a hotel resort in Cancun, in New York County Court.

A couple demands $82,000 from Global Resource Management and Morrit Properties Cayman, claiming they bought a time share property that turned out to be just "four stakes in the sand," in New York County Court.

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