Commercial Property and Investment Disputes
Where Ownership Stakes, Capital and Control Are Contested
Commercial property and investment disputes arise when the ownership structure behind a real estate asset fractures. A managing member diverts capital. A co-venturer is squeezed out before the promote vests. A capital call is engineered to dilute a partner into irrelevance. A sponsor's carrying value bears no relation to what an appraiser would certify. These are not disagreements about square footage. They are contests over equity positions, distribution waterfalls, governance rights, and the capital that funded them. Because the underlying assets are illiquid and the operative agreements were heavily negotiated, exposure is routinely measured in tens or hundreds of millions of dollars. Brewer steps in when the value at risk is consequential and negotiation has run its course.
The defining problem in these matters is that the party accused of the conduct usually has control of the entity, the books, and the asset. Relief therefore begins with getting access and stopping movement: equitable accountings, receiverships, and injunctions that halt a sale or a transfer before value disappears. Brewer prosecutes and defends claims for breach of fiduciary duty, civil conspiracy, fraudulent inducement, wrongful exclusion from a venture, unjust enrichment, and impairment of collateral, and pursues compensatory and punitive damages, disgorgement, specific performance, and constructive trusts. These matters are tried wherever they belong - state district courts, federal courts, specialized business courts such as the Texas Business Court, and private arbitral forums where the operative agreement compels them.
Valuation is usually the single most contested issue in these cases. Brewer builds and defends its models in house rather than renting that question to an outside expert. The Firm is focused on litigation.
Featured Commercial Property and Investment Dispute Victory
In Meyer v. Christie, Brewer represented Alan Meyer, John Pratt and Dovetail Builders in a dispute arising from the wrongful termination of a joint real estate venture. The plaintiffs alleged they had been improperly excluded from a joint venture formed to develop a 1,400-unit multifamily residential project near Fort Riley, Kansas, and asserted claims for breach of contract and civil conspiracy. Following a two-week jury trial, the jury ruled for the plaintiffs, awarding $9,196,345 in contract damages and $5,500,000 for unjust enrichment, with punitive damages to be determined by the court. The verdict reflects what disciplined trial preparation can recover when a developer is stripped of an ownership stake it helped create.
An ownership fight usually arrives with contract, fiduciary and valuation claims attached. The Firm handles them together within its Real Estate Litigation practice.