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Arbitrators Side with Peppertree in $354 Million Ruling Against Terra Towers and Jorge Hernandez

Summary by Caribbean and Latin America Daily News
CLEVELAND, March 27, 2025 /PRNewswire-HISPANIC PR WIRE/ — Affiliates of Peppertree Capital Management, Inc. (”Peppertree”) obtained a unanimous arbitration award in excess of $354 million against Terra Towers Corp., DT Holdings, and businessman Jorge Hernandez, personally (”Respondents”), the law firm of UB Greensfelder has announced. The award includes $25 million in punitive damages and covers Peppertree’s legal fees and other expenses. The ru…
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Caribbean and Latin America Daily NewsCaribbean and Latin America Daily News

Arbitrators Side with Peppertree in $354 Million Ruling Against Terra Towers and Jorge Hernandez

CLEVELAND, March 27, 2025 /PRNewswire-HISPANIC PR WIRE/ -- Affiliates of Peppertree Capital Management, Inc. ("Peppertree") obtained a unanimous arbitration award in excess of $354 million against Terra Towers Corp., DT Holdings, and businessman Jorge Hernandez, personally ("Respondents"), the law firm…

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Inside TowersInside Towers

Peppertree and Other Investors Win $354 Million in Arbitration Against Terra Towers - Inside Towers

Peppertree Capital Management announced yesterday it won an arbitration panel decision in their dispute with Terra Towers Corp., DT Holdings, and businessman Jorge Hernandez. The panel ordered Terra Towers, DT Holdings, and Hernandez, by unanimous decision, to pay over $354 million in damages to Peppertree and other investors. The award includes $25 million in punitive damages and covers prevailing parties’ legal fees and other expenses. The rul…

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Inside Towers broke the news in on Thursday, March 27, 2025.
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