Home Ashford Files Injunction To Freeze Sessa From Paying Investor Redemptions
 

Keywords :   


Ashford Files Injunction To Freeze Sessa From Paying Investor Redemptions

2016-03-28 14:18:51| Jewelry - Topix.net

Ashford Inc. today announced that it requested that a Texas state court issue an injunction to prevent Sessa Capital from paying redemption requests made by its investors. The Company filed a lawsuit claiming tortious interference, together with additional claims including conspiracy, alleging monetary damages potentially exceeding $200 million as well as other non-monetary relief against Sessa and its purported director nominees John E. Petry, Philip B. Livingston, Lawrence A. Cunningham, Daniel B. Silvers, and Chris D. Wheeler on March 23, 2016.

Tags: files investor paying freeze

Category:Consumer Goods and Services

Latest from this category

All news

14.11Meta fined 798m over 'unfair' Facebook Marketplace
14.11Amazon launches Temu and Shein rival with 'crazy low' prices
14.11Bid to soften farm tax change rejected by Treasury
14.11Baby milk prices 'punish those who don't breastfeed'
14.11Why Canada could become the next nuclear energy 'superpower'
14.11Apple accused of trapping and ripping off 40m iCloud customers
14.11Apple accused of trapping and ripping off 40m iCloud customers
13.11'Too small' pension funds hold back growth - Reeves
Consumer Goods and Services »
14.1115kg 50mm
14.11ONE PIECE BOX
14.11DAIWA OCEAN STAR 500
14.11fender jhon mayer blackone
14.11 Angel Touch Plus vol.3
14.11Strymon BigSky
14.11
14.11 TOUR B X 2
More »