Memory Care US REIT, LLC et al v. PMC Investor, LP et al

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Case Number:

1:23-cv-00357

Court:

Delaware

Nature of Suit:

Contract: Other

Judge:

Colm F. Connolly

Firms

  1. November 17, 2023

    REIT Ownership Dispute Heads Back To Del. Chancery Court

    A federal judge sent a suit over which investor owns a real estate investment trust that holds three U.S. senior housing facilities to Delaware's Court of Chancery, finding that one of the entities' removal of the case to federal court wasted resources in assigning it attorney fees.

  2. April 14, 2023

    REIT Is No 'Bystander' In Ownership Case, Investor Says

    An Australian entity insists its co-investor can't sue in federal court for control of their shared real estate investment trust, which owns three U.S. senior housing facilities, arguing the Delaware-based REIT is itself no mere "bystander" in the case and that the suit should therefore stay in state court.

  3. March 30, 2023

    Investor Wants REIT Suit Out Of Delaware Chancery Court

    An investment company facing a lawsuit over disputed shares in a joint real estate investment trust contends the case was incorrectly filed in the Delaware Chancery Court, arguing this week it should be removed to federal court because one of the parties is based out of the Cayman Islands.