PMC INVESTOR, LP v. MEMORY CARE (US REIT) TRUST et al
Case Number:
1:22-cv-03841
Court:
Nature of Suit:
Judge:
Firms
-
June 15, 2023
Investor Can't Keep REIT Ownership Spat In DC Federal Court
A federal judge in the District of Columbia tossed an investor's lawsuit over the majority ownership of a senior housing real estate investment trust, ruling Thursday that the presiding court lacked diversity jurisdiction due to the REIT itself not being a nominal defendant.
-
April 25, 2023
Australian Trust Argues It's An Actual Party To REIT Suit
The Australian unit trust in a battle for ownership of a real estate investment trust told a D.C. federal judge on Tuesday that it is an actual party, not a nominal one, and that the dispute over the venture's majority stake should be dismissed and left to play out in Delaware Chancery Court.
-
April 19, 2023
Investor Says Australian Trust Must Face REIT Suit In DC
A foreign investor battling an Australian unit trust for control of a Delaware-incorporated real estate investment trust argued in D.C. federal court that the other investor's assertion that their spat belongs in Delaware is wrong because the REIT is a nominal party.
-
April 04, 2023
Investors Keep Fighting Over Senior Housing REIT Suit Venue
An Australian unit trust argued Tuesday its dispute with another investor over who controls a real estate investment trust that owns three U.S. senior living facilities should play out in Delaware Chancery Court, and that a parallel D.C. federal court case should be tossed.