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Recovery of Non-Permitted Distributions
December 11, 2013 read the article
In their Transactional Real Estate column, real estate partners Mitchell Berg and Peter Fisch explore the recourse that may be available to buyers under the Delaware Limited Liability Company Act and under corresponding statutory law in other jurisdictions when sellers default on post-closing liabilities. Corporate and litigation partner Stephen Lamb and real estate associate Alexander Chester assisted in the preparation of this article, which appeared in the December 11 issue of the New York Law Journal.