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Expert Analysis

Personal Jurisdiction Defenses May Protect Parent Entities

By Daniel Weiss, Anthony Borich and Abraham Michael Salander (March 5, 2018, 12:56 PM EST) -- Real estate investment trusts and other parent-level real estate companies typically form subsidiary partnerships and limited liability companies to own or manage real estate assets. Those subsidiaries are often formed in states other than the state in which the parent entity is formed. Parent entities, however, may wish to avoid litigation in states in which their subsidiaries are formed — for instance, doing so might limit liability, reputational harm or exposure to strategically disadvantageous jurisdictions....

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