Thickening web of litigation around Lauer
Sun Jun 1, 2003
Investors in Michael Lauer's $1 billion hedge fund group
remain in limbo in the midst of a thickening web of litigation
around Lancer Partners.
Morgan Stanley and other investors are currently trying to
pull a cumulative $360 million from Lancer's portfolio as they
try to oust Lauer as trustee for the U.S. fund in a bankruptcy
court in Bridgeport, Conn. The offshore BVI-based portfolio
ISSN: 2151-1845 / CDC10004H
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