Tuesday, May 27, 2014

Alchemy Japan Sues Carval Investors for US$3million for improper sale of Hotels

Alchemy Japan commenced legal proceedings in the Tokyo District Court against Carval Investors, and its shell companies, seeking to recover almost JPY300 million (US$3million) in damages resulting from Carval's sale of Cargill's Love Hotels to entities and persons suspected by Kroll Advisory Solutions of ties to Japanese organized crime, the yakuza.

An English translation of the Japanese Statement of Claim can be found at -
Alchemy Japan vs Carval Investors - English Translation of Japanese Law Suit

For the background to this dispute see - 

What Happened at Carval Investors Japan?  

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