Corinthia Files Motion to Dismiss Barings’ Team Lift Lawsuit (1)

Corinthia Global Management, the upstart private credit manager that poached more than 20 employees from Barings in March, has asked a judge to dismiss the asset manager’s lawsuit against it.

Corinthia argues that Barings hasn’t put forth any facts to show it has suffered the harms it claims to have incurred from the team lift, according to a Friday filing in a North Carolina court.

Barings, which has called its former employees’ move “one of the largest corporate raids at an asset manager in years,” has said its lawsuit is aimed at preventing Corinthia from poaching any more employees ...