Real Estate; Developer; Parnership
The Firm represented a group of families who had been persuaded to become partners in the development of a real estate community and who, after having invested a significant sum of money, were subsequently sued by the developer to force them out of the partnership for a value substantially below what they believed to be the value of their interests. The Firm defended the lawsuit, and a counterclaim was made against the developer, who was subsequently convinced to pay the Firm's clients the full value of their partnership interests.