Alternative Global Two LLC et al v. Blackstream Development LLC
Case Number:
6:22-cv-04501
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Nature of Suit:
Judge:
Firms
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November 17, 2023
SC Real Estate Developer Can't Ditch Investors' $17.5M Suit
A commercial real estate firm can't escape a suit from a trio of Delaware-based investors alleging it suddenly stopped sharing documentation of progress on a joint real estate venture into which the investors poured $17.5 million, a South Carolina federal judge ruled, saying the dismissal bid is "essentially a premature motion for summary judgment."
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December 14, 2022
Investors Hit SC Real Estate Developer With $17.5M Suit
A trio of Delaware-based investors filed suit against a commercial real estate firm in South Carolina federal court, claiming that the firm without warning stopped sharing documentation of progress on a joint real estate venture into which the investors poured $17.5 million.