By JULIE NAKASHIMA
CREJ Staff Writer
As many real estate companies continue to grapple with liquidity issues, a recently decided class action lawsuit shined a spotlight on a potential peril of one way some companies have dealt with this problem.
The litigation pitted Vestin Mortgage Inc., a Las Vegas-based commercial real estate lender and investment fund manager, against a group of disgruntled investors. In 2006, responding to deteriorati...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In