Hound Partners, which got started in 2004 through a $23 million seed investment from Julian Robertson's Tiger Management, has filed suit against Tiger, accusing it of not living up to what it describes as essentially a marketing agreement. In return, Tiger Management has countersued, arguing that Jonathan Auerbach is "trying to renege" on the two firms' revenue-sharing agreement "just two years following Mr. Robertson's death." The information comes from court filings which detail a heated lawsuit between Tiger Management and hound Partners.
Tiger Management lawsuit: Countersuit
In its complaint, Tiger accused Hound Partners of "setting the stage" to get out...
