Elena Portales and Sean M. Lipsky procured a very favorable settlement for a minority member in a New Jersey real estate investment company. At the inception of the litigation, the adverse member filed an emergent motion seeking to install himself as manager and remove our client from this position. We persuaded the Court to deny the adverse member’s application and also to grant our cross-motion to appoint a fiscal agent to investigate the adverse member’s questionable financial dealings. Based upon this, and a series of pending motions that we brought against the adverse member, we were able to procure an extremely favorable settlement for our client that included reimbursement of our client’s attorneys’ fees.
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