In updated court documents, Peter McGuigan filed an order to show cause motion, seeking an immediate court order transferring the client funds and operating accounts of his former literary agency Foundry to a temporary receiver. The urgency comes because McGuigan says in an affadavit that Foundry’s bank issued a notice that they will close the accounts on February 26. The documents note, “The Plaintiffs are extremely concerned that the bank’s decision may cause the Defendants, or their accomplices to become in possession of all, or a portion of funds presently on account, which will be unequivocally detrimental to the security […]
