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by Mike Caswell
Finavera Wind Energy Inc. is a defendant in a lawsuit from Capital West Partners, a private entity that claims to be owed $550,000 for financial advisory services. The brief suit, filed in the Supreme Court of British Columbia on Thursday, Sept. 18, states that Capital West helped with some sort of transaction involving Finavera's assets. The transaction closed on April 17, 2014, and Capital West sent an invoice for the $550,000 plus taxes.
According to the suit, Finavera has so far refused to pay. Capital West seeks a $577,539 judgment, plus interest and court costs. Vancouver lawyer Kibben Jackson of Fasken Martineau DuMoulin LLP filed the suit on behalf of Capital West.
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