Complaint for damages of “not less than $14.279 million”alleging “a sham foreclosure sale of a fleet of ten Boeing 737-800 aircraft that was designed by Defendants to deprive Plaintiffs of any recovery and allow an affiliate of Ares Management’s parent company to obtain the collateral at a $50,000,000 discount to its recently appraised market value” in Hudson Transport Real Asset Master Fund LP, of Bermuda; CVI AA Cayman Securities LP, CVI AV Cayman Securities LP, CVIC Cayman Securities Ltd., CarVal GCF Cayman Securities Ltd., CVI CVF VI Cayman Securities Ltd., CVI CVF V Cayman Securities Ltd., and CarVal CCF Cayman Securities Ltd., all of the Cayman Islands v. Ares Management LLC, of Delaware; ASOF Holdings I, L.P., of Delaware; ACOF VI Holdings, L.P., of Delaware; Vmo Aircraft Leasing, LP, of Delaware; Vmo Aircraft Leasing Holdings (Cayman), LP, of the Cayman Islands, and Wilmington Trust Company, of Delaware, at the Supreme Court of the State of New York, County of New York.
Topics
Bermuda Cayman Islands Investment Norway USAKeywords
ACOF VI Holdings, L.P. Ares Management LLC ASOF Holdings I, L.P. CarVal CCF Cayman Securities Ltd. CarVal GCF Cayman Securities Ltd.