AG Mortgage Investment Trust, Inc. has recently been engaged in a highly publicized struggle with Terra Property Trust, Inc. for Western Asset Mortgage Capital Corp. AG Mortgage Investment Trust, Inc. has announced that its strategy, from here forward, is to aggressively pursue its legal rights under the law to obtain beneficial rights over Western Asset Mortgage Capital Corp.
The legal claims center around assertions from AG Mortgage Investment Trust, Inc., that it had been harmed by certain actions of Terra Property Trust, Inc., and that it was denied its proper share of the profits and other assets associated with the venture. AG Mortgage Investment Trust, Inc. argues that it should be granted its legal rights and demand for damages accordingly. It is therefore using all available legal means to seek its due, including the filing of court cases in certain jurisdictions.
Key Points:
• AG Mortgage Investment Trust, Inc. is in dispute with Terra Property Trust, Inc. over Western Asset Mortgage Capital Corp.
• AG Mortgage Investment Trust, Inc. is aggressively pursuing its legal rights under the law
• AG Mortgage Investment Trust, Inc. seeks damages for harm done and denial of proper share of profits and assets
• AG Mortgage Investment Trust, Inc. is using all legal means available, including filing court cases in certain jurisdictions
You can read this full article at: https://www.housingwire.com/articles/ag-mortgage-investment-trust-enters-dispute-over-western-asset-mortgage-capital/(subscription required)
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