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Litigation

Aug. 23, 2012

TCW sued over sale to Carlyle Group

EIG Global Energy Partners LLC, a spinoff of investment firm The TCW Group Inc., has filed a federal lawsuit in an effort to halt a buyout of TCW by private equity firm The Carlyle Group.


By Ben Adlin


Daily Journal Staff Writer


LOS ANGELES - EIG Global Energy Partners LLC, a spinoff of investment firm The TCW Group Inc., filed a federal lawsuit Tuesday in an effort to halt a buyout of Trust Co. of the West by private equity firm The Carlyle Group.


Paris-based Societe Generale, which holds a controlling interest in TCW, announced Aug. 9 it would sell its stake to Carlyle. But the suit, filed in Los Angeles, claims the deal would...

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