Coleman appealing TNInvestco ruling

Venture Capitalist Larry Coleman is not willing to accept Chancery Court Chancellor Russell Perkins' ruling against his Public Records Act petition for access to TNInvestco documents that might let him determine whether his firm Coleman Swenson Booth and other non-winners were unfairly left out of the money, when Gov. Phil Bredesen's ECD and Revenue commissioners announced TNInvestco winners, Nov. 6. Coleman asks the Appeals court to review the trial court's ruling, in hope of a different outcome. For the first time, Coleman makes clear in his latest petition before Appeals Court that he wants access to documents that might allow him to consider further action before TNInvestco-funded funds begin making investments and before the legislature broadens funding for the program, further. TNInvestco-certified Innova Fund has already announced one such investment. Coleman filed his notice of appeal in Chancery Court on March 9. He filed his request for expedited appeal in the Tennessee Appeals Court in Nashville, on Friday, March 19. Coleman and his attorney, Jim Bowen of Riley Warnock & Jacobson, decline to comment on the matter for this article.