June 15, 2023
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
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
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
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.