U.S. Fifth Circuit Rules in Favor of Advisor in $4M M&A Fee Dispute
The court ruled that Denver-based Catalyst Strategic Advisors is entitled to an advisory completion fee in connection with the sale of a Houston building supply company. The court determined that the "procuring-cause doctrine" was rendered inapplicable by the specific language of Catalyst's contract, even though the sale took place 15 months after the company's sale.
