The Jones, Swanson firm brought this suit on behalf of a Louisiana- and Atlanta-based entrepreneur group that had built a national self-storage company over the course of twenty years, only to be subject to the unfair trade practices and gross conflict of interest by its investment partners, including Morgan Stanley Real Estate Advisor, resulting in the diminishment of assets of the company and ultimately in the wrongful exercise of a buy/sell provision in the company’s LLC Agreement. This complex commercial litigation has ranged across multiple jurisdictions, encompassing issues of bad faith, fiduciary duties, and unfair trade practices.
Civ. Dist. Ct. Orleans Par., No. 2009- 4705
Del. Ch. Ct., No. 4712-VCS
Del. Ch. Ct., No. 4594-VCS
