The Tennessee Supreme Court has declined to hear an appeal by Preston Ingram, putting a final stop to his dispute with former real estate development partner Scott Sohr. The move affirms a Court of Appeals ruling from this summer that said Ingram needed to pay Sohr's legal tab.
Dec 27, 2013 11:16 AM
'Complex' case result of monkey's fist of business partnerships
Aug 19, 2013 2:18 PM
Entity claims right to part of proceeds after it missed 2008 capital call
Apr 22, 2013 6:46 AM
In what must have been an adroit feat of investment banking diplomacy, Boston's Provident Healthcare Partners has closed a recapitalization deal for Correct Care Solutions, the Nashville-based prison health care provider jointly owned by Preston Ingram and Scott Sohr. Audax Group, also based in Boston, is the source of the recap funding. Terms of the transaction were not disclosed. Entrepreneurs Sohr and Ingram, you may recall, are embroiled in litigation at Davidson Chancery over the fallout from a soured homebuilding venture that left them on the hook together for $100 million in debt. One of Ingram's claims is that Sohr should have to undo the 2007 transfer of $17 million worth of Correct Care stock to a personal trust. Asked whether a settlement made the deal possible, Ingram attorney Gino Bulso of Leader, Bulso, Nolan & Burnstein responded: "The sale does not represent a resolution of any of the claims pending before Chancellor McCoy." Scott Sims of Walker, Tipps & Malone, representing Sohr, concurred with that assessment.
Sep 3, 2010 7:47 AM
Huge debt leads to lawsuit between two major local investors who had ambitious homebuilding plans [From our print edition featured in Monday's City Paper]
Jul 4, 2010 8:42 PM
Subsidiary of giant insurer said to pay $430M for Franklin-based revenue-tracking firm
Jun 1, 2009 9:33 AM
Tucker's deal comes within weeks of another major property sale in Williamson County that may involve entity tied to billionaire Todd Wagner
May 9, 2007 3:28 PM