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LEWIS v CAPITAL REALTY GROUP SENIOR HOUSING Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 16,725, CourtCode: CC, CourtName: IN THE COURT OF CHANCERY IN THE STATE OF DELAA IGINAL, Plaintiff: LEWIS, State: DE Delaware, UniqueCaseRef: DE>CC>00016725, Partnership, General Partner, Del, Breach, Complaint, Assignee Holders, Compl, Cslc, Agreement, Delaware, Partnership Agreement, Limited Partnership, Sale, Affiliate, Control, Facts, Failure, Plead, Allegations, Transactions, Supr, Support, Demand, Lankford, Distributions, Contractual Obligation, Contractual Obligations, Partnership Property, Limited Partnershin, Stockholders, Common Control, Senior Living Attorneys, Capital Senior Living, Transaction, Brokerage, Capital Brokerage, Pab , ContentID: 120241029

Case Documents
1 2001-09-20 DEFENDANTS REPLY BRIEF
[ see first page and extracted highlights below  ] ItemID: 127210
21 pages
PDF
2 1999-07-09 OPENING BRIEF OF ALL DEFENDANTS IN SUPPORT OF MOTION TO DISMISS
[ see first page and extracted highlights below  ] ItemID: 103060
27 pages
PDF
Total Documents: 2 documents , 48 pages
Price: $ 24.95


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1 . DEFENDANTS REPLY BRIEF

EXTRACTED KEY WORDS
COURT
PARTNERSHIP
BREACH
DEL
DEFENDANTS
GENERAL PARTNER
PARTNERSHIP AGREEMENT
CONTROL
FACTS
FAILURE
PLEAD
TRANSACTIONS
SUPR
LANKFORD
ASSIGNEE HOLDERS
COMPLAINT
AFFILIATE
CONTRACTUAL OBLIGATION
CSLC
LIMITED PARTNERSHIN
STOCKHOLDERS
SENIOR LIVING ATTORNEYS
CAPITAL SENIOR LIVING
CAPITAL BROKERAGE
ALLEGATIONS
PAB
DIRECTORS
PARTNERSHIN UNITHOLDERS LITIG
SHAREHOLDERS
             IN THE COURT OF CHANCERY IN THE STATE OF DELAa&IGINAL
                              IN AND FOR NEW CASTLE COUNTY

ROBERT LEWIS,
                                                  ;
                Plaintiff,
                                                  5
       V.                                         1         C.A. No. 16725

CAPITAL REALTY GROUP SENIOR                       1                                        3
                                                                                     .
HOUSING, INC., CAPITAL SENIOR                                                        ._
LIVING CORPORATION, CAPITAL                                                               :  i
SENIOR LIVING PROPERTIES 2-                                                                     3
NHPCT, INC. and NHP RETIREMENT                                                            -7
HOUSING PARTNERS I LIMITED                                                                .  .  :
                                                                                          /.  `1
PARTNERSHIP,                                                                               1
                                                                                                -2
                Defendants.

                                DEFENDANTS' REPLY BRIEF



Andre G. Bouchard                                 Allen M. Terrell, Jr.
Joel Friedlander                                  Catherine G. Dearlove
BOUCHARD MARGULES                                 RICHARDS, LAYTON & FINGER
 & FRIEDLANDER                                    One Rodney Square
222 Delaware Avenue, Suite 1102                   P.O. Box 55 1
Wilmington, DE 1980 1                             Wilmington, DE 19899
(302) 573-3500                                    (302) 658-6541
Attorneys for Defendants Capital Senior Living    Attorneys for Defendants Capital
Corporation and Capital Senior Living                  Realty Group Senior Housing, Inc.
Properties 2-NHPCT, INC.                               and NHP Retirement Housing
                                                       Partners I, L.P.




DATED: September  20,200l



                                                   TABLE OF CONTENTS

                                                                                                   

TABLE OF AUTHORITIES . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . .
SNIPPETS:
  • IN THE COURT OF CHANCERY IN THE STATE OF DELAa&IGINAL
  • Attorneys for Defendants Capital Senior Living Attorneys for Defendants Capital
  • FOR FAILURE TO COMPLY WITH 6 DEL.C.
  • PLAINTIFF HAS FAILED TO PLEAD BREACH OF
  • CONTRACTUAL OBLIGATION
  • Supr., 473 A.2d 805.
  • Del.
  • Cincinnati SMSA Limited Partnershin v. Cincinnati Bell Cellular &stems Co.,
  • In re Marriott Hotel Prone&es II Limited Partnershin Unitholders Litig.,
  • Shareholders Litia., Del.

  • 2 . OPENING BRIEF OF ALL DEFENDANTS IN SUPPORT OF MOTION TO DISMISS

    EXTRACTED KEY WORDS
    GENERAL PARTNER
    COURT
    DEFENDANTS
    PLAINTIFF
    COMPL
    AGREEMENT
    DELAWARE
    COMPLAINT
    ASSIGNEE HOLDERS
    LIMITED PARTNERSHIP
    SALE
    DEL
    CSLC
    SUPPORT
    DEMAND
    DISTRIBUTIONS
    CONTRACTUAL OBLIGATIONS
    PARTNERSHIP PROPERTY
    ALLEGATIONS
    COMMON CONTROL
    TRANSACTION
    AFFILIATE
    BROKERAGE
    SELL PARTNERSHIP PROPERTY
    LIQUIDATION PAYMENTS
    FAIR DEALING
    CINCINNATI SMSA
    BROKERAGE FEE
    FAIR MARKET
    
                   LN THE3 COURT OF CHANCERY OF THE STATE OF DELAWARE
    
                                   IN ANI) FOR NEIW CASTLE COUNTY
    
     ROBERT LEWIS,                                 1>
                              Plaintiff,            >>
             V.                                     >>
     CAPIT.4L REALTY GROUP S~ENIOR                  >           Civil Action No. 16725
     HOUSING,  INC., CAPITAL SENIOR                 >
     L.IWNG   CORPORATION,  CAPlTAL                 >
     SENIOR LIVING PROPERTlE:S 2 -                  >
     NHPCT,  1NC.  AN~D NHP  RETIREMEN              >
     HOUSING PARTNERS I LIMITED                     >
     I'AR'I`NERSHlP,                                >>
                              Defendants,           >
    
                              OPENING; BRIEF OF ALL DEFENDANTS IN
                              SUPPORT OF THEYR
                                            --~     MOTIONS TO DISMISS
    
    
    
    Allen M. Terrell, Jr.                                 Andre G. Bouchard
    Catherine G. Dear-love                                Joel E. Friedlander
    Richards, L,ayton & Finger                            Bouchard, Margules, Friedlander &
    One Rodney Square                                      MaloneyHuss
    P.O. Box 551                                          222 Delaware Avenue, Suite 1102
    Wilmington,  DE 19899                                 Wilmington, DE 19801
    (302) 658-654  1                                      (302) 573-3500
     .4ttorneys for Defendants Capital Realty              Attorneys for Defendants Capital Senior
     Group Senior Housing, Inc. and N~HP                   Living Corporation and Capital Senior
     Retirement Housing Partners I, L.P.                   Living Properties 2 - NIIPCT, Inc.
    
    
    
    Dated: July 9, 1999
    
    
    
                                         TASLE OF CONTENT`SL
    
    
    T,4BLE OF AUTHORITIES                                                                              
    
    N A T U R E   A N D   S T A G E   O F   P R O C E E D I N G S 1
    
    STATE3MENT  O                   F                    F                      A              C       
    
    I.      The Parties, . . . . . . . . .  .._........                                        .,      
    
    SNIPPETS:
  • LN THE3 COURT OF CHANCERY OF THE STATE OF DELAWARE
  • SUPPORT OF THEYR
  • The Complaint Must Be Dismissed Bec.ause Demand Was Neither
  • `The lmplied Contractual Obligations Posited by Plaintiff Are
  • Del.
  • Cincinnati SMSA Ltd. Partnership v. Cincinnati Bell Cellular SW.
  • against defendants Capital Realty Group Senior Housing, Inc., NHP
  • Retirement Housing Partners I Limited Partnership,
  • The Complaint alleges that the sale of the properties violated a provision of the Third
  • Partnership that prohibits the sale of property to any affXate of the General Partner as,
  • as implied contractual obligations based on the covenant o:fgood faith and f`air dealing.
  • `The Agreement is attached hereto as Exhibit A. Its terms may be considered on a motion to
  • (Compl.
  • transaction, all ofthe stock of the General Partner has been owned by non-party Relirement
  • Defendant CSLC, a Delaware corporation, is one of the largest providers of isenior
  • Brokerage"), which received a brokerage fee in connection with the challenged transactions.
  • The Agreement limits the power of the General Partner to sell Partnership property
  • "Affiliate" is defined to refer -to:
  • any person directly or indirectly controlling, controlled by or under common control with
  • As beneficial owners of the interests, assignee holders can only
  • receive distributions if there is "`Cash Available for Distribution," which is defined in the
  • purchase all of the capital stock of the General Partner at fair market value,
  • breach of the implied covenant of good faith and fair dealing.
  • General Partner and it does not contain any allegations of demand futility.
  • of the Partnership to make distribution or liquidation payments to the Assignee Holders."
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