2nd Circ. Says REIT Can't Open 'Backdoor' To Suing Advisers

By Jessica Corso · September 7, 2023, 11:06 PM EDT

The Second Circuit on Thursday upheld the dismissal of a lawsuit brought by a real estate investment trust claiming to have lost $8 million on a poorly managed collateralized loan obligation,...

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Documents

Opinion

Case Information

Case Title

NexPoint Diversified Real Estate Trust v. Acis Capital Management, L.P.

Case Number

Court

Appellate - 2nd Circuit

Nature of Suit

3370 TORTS PROPERTY-Fraud

Date Filed

August 31, 2022

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