Legal Opinion
AREI II Cases
California Court of Appeal
Decided May 29, 2013No. A130447PublishedCited by 23 opinions
1Opinion of the Court
Opinion
McGUINESS, P. J.
Plaintiffs are investors who purchased tenant in common (TIC) ownership interests in a senior housing facility from Asset Real Estate and Investment Company (AREI). AREI allegedly violated state securities law by failing to disclose that its sole owner was a convicted felon and by concealing the existence of a second loan that grossly overleveraged the property. Plaintiffs sued various parties associated with the transaction, including the defendant investment bankers, who structured joint ventures between AREI and various lenders but had no involvement in the sales of…
2Cases cited29 opinions
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Silberg v. AndersonCalifornia Supreme Court · 1990
- Applied Equipment Corp. v. Litton Saudi Arabia Ltd.California Supreme Court · 1994
- Robinson Helicopter Co., Inc. v. Dana Corp.California Supreme Court · 2004
- Reserve Insurance Co. v. PisciottaCalifornia Supreme Court · 1982
24 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Stueve Bros. Farms v. Berger KahnCalifornia Court of Appeal · 2013
- In re Arizona Theranos, Inc., LitigationDistrict Court, D. Arizona · 2017
- In re Ariz. Theranos, Inc., Litig.District Court, D. Arizona · 2018
- Schaffer Family Investors, LLC v. SonnierDistrict Court, C.D. California · 2015
- Wang v. Bear Stearns Companies LLCDistrict Court, S.D. New York · 2014
18 more not listed; retrieve them via the Exa API.