November 21, 2024 1:03 pm
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

PhoenixMart takes ‘suspicious’ investment group to court

By Kevin Reagan | Casa Grande Dispatch

PhoenixMart developers are attempting to recoup money the company gave to a real estate investment group in a $115-million deal that fell through.

According to court documents recently filed in Maricopa County Superior Court, developers of the “global product marketplace” under construction near Casa Grande want to be paid back $25,000 for services they say were never done.

PhoenixMart claims it paid Whitlock Capital Group, based in Minnesota, the $25,000 last year to help secure a large investment from a sovereign fund in Abu Dhabi. Whitlock representatives allegedly told PhoenixMart they represented an overseas fund looking to invest hundreds of millions of dollars in the United States by the end of 2018.

READ ON:

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

PRTA suspends operations

(Disclosure: Rose Law Group represents a coalition of property and business owners throughout Pinal County who have worked to bring new transportation infrastructure to the

Read More »

Post Calendar

February 2019
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728  
Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.