May 03, 2023
A New York federal judge rejected two real estate investment trusts' request to enjoin Blackwells Capital LLC for the REITs' consolidated securities suit, ruling on Wednesday that discovery hasn't supported the REITs' claim that a joint venture conspiracy aims to make them adopt a new investment adviser.
March 16, 2023
A New York federal judge Thursday dismissed investment company Blackwells Capital and investment manager Related Fund Management LLC's counterclaims against real estate investment trusts that are suing them, saying the counterclaims mirror ones in Maryland state court and must be heard there.
December 20, 2022
Two real estate investment trusts accused investment company Blackwells Capital and investment manager Related Fund Management LLC of hiding a joint venture designed to get the two REITs to adopt a new external advisory agreement that could earn millions of dollars for Blackwells and Related Fund.