MC Square Sues Nordeon Regarding Financial Advice on Term Sheet Deal

Updated 1:24 p.m. E.S.T. with Nordeon response.

According to the complaint, MC Square was hired by Nordeon (Hess) to act as Nordeon’s exclusive financial advisor in North America with activities to include the raise of capital by private placement funding.

The complaint states that a Term Sheet Fee and Success Fee are due and claims that the demand for payment has been ignored by the defendant.Read the complaint here.

Read the response from Chris Stockton, CEO, Nordeon Group, below:

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