If you own an interest in an LLC, you probably assume your co-owners owe you loyalty and care. You assume they can’t lawfully act against your interest, take an opportunity…
A Nantucket owner tried to erase her own companies. The record would not let her. The Land Court’s…
Two couples agreed to form an LLC as equal members to develop and operate an upscale restaurant. One…
Institutional capital regularly takes non-managing positions in real estate joint ventures, relying on sponsor execution and structural protections…
Special purpose entity covenants occupy an awkward place in real estate joint venture documentation. The covenants themselves typically…
When a real estate joint venture goes wrong, the removal event provision determines whether the capital partner can act, and how quickly. These clauses define the triggers that allow an…