RE Manager Fights Liability In Jameson Inn Bankruptcies

Law360, New York (October 28, 2011, 12:55 PM EDT) -- An affiliate of real estate investment manager JER Partners on Thursday asked a New York judge to determine that it is not liable for private equity firm Colony Capital LLC's guaranty agreements in litigation over whether another lender forced several Jameson Inns Inc. affiliates into bankruptcy.

JER Financial Products III LLC, a signatory to several Colony affiliates' guaranty agreements for a mortgage loan and four mezzanine loans that are part of Jameson Inns' financing structure, claims it shouldn't be liable under the guaranty agreements because it...
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