Real Estate Dispute

Retained on behalf of a minority/investment partner in a real estate development partnership to ascertain the alleged misappropriation and/or misuse of assets by the majority/operating partner. The investigation involved the review of approximately 20 separate real estate development projects including how the operating partner accounted for those developments and the tracing of invested funds and how those funds were utilized. We determined that the operating partner was utilizing partnership assets to fund other ventures unrelated to the real estate partnership and for his own benefit in contravention to the partnership agreement. The matter settled based on calculations we submitted that would equitably compensate the investors.