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A Sheila Oretsky A. Sheila Oretsky, with Buchanan Ingersoll & Rooney. Courtesy photo

There is a new twist in a multimillion-dollar contract dispute between a boating history report website, and a boating advertisement agency that was acquired by one of the largest private equity companies in the world.

The twist hinges on whether the advertising agency, Boats Group, committed fraud by failing to disclose to Boat History Report that it was in the process of being acquired by private equity company Apax Partners. Following that acquisition, Apax Partners terminated the contract between Boats Group and Boat History Report.

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Michael A. Mora

Michael primarily covers litigation in South Florida for the Daily Business Review. You can contact him by email: [email protected]

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