Case and legal developments
Defense insights.
Educational articles for multifamily sponsors, general partners and managers.
Florida LLC records demands: a response checklist for multifamily sponsors and managers
A member’s records demand calls for prompt, organized review. Identify the company, the requester’s status, the information requested and when the company received the demand. A response prepared without those facts can overlook important distinctions in Florida’s LLC statute.
Read article →Defense insightFacing a manager-removal demand? Start with the entity and its operating agreement
A removal demand can raise immediate questions about who may speak for a multifamily project, give instructions to its property manager, or authorize the next payment. For a sponsor or manager, a useful first step is to separate the claimed removal power from the allegations supporting the demand. A forceful letter does not answer either question by itself.
Read article →Defense insightWhy a private-offering exemption does not resolve a sponsor’s fraud allegations
For a multifamily sponsor, general partner or manager facing fraud allegations, the offering’s registration exemption is one part of the analysis. The SEC explains that an offering of securities must be registered or qualify for an exemption. That answers a registration question; it does not decide what happened in a disputed transaction. SEC: Offering Pathways .
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