Hello,
Myself and other investors invested in a Delaware company, which was supposed to hold rights in a property in Virginia and pay rental income until it is sold as a part of a RIT portfolio.
After a few months we stopped receiving the rent and we learned that the RIT owner transfer his ownership part to a third party and that our rights in the Delaware company were never registered. We also learned that our subscription agreement to the Delaware company has some serious faults as it is drafted as if it is related to a partnership rather then a company.
Now we need a litigation lawyer in Delaware that can guide us as to the available legal vehicles we can use. We prefer a lawyer who is reasonably or even cheap for this matter.
I am sorry to hear about the issues you are facing with the Delaware company and the rental property in Virginia. It is important to seek legal guidance in such situations, and I can help you with that. As you are looking for a litigation lawyer in Delaware, I suggest you explore the options available on Explore Lawyers, where you can compare lawyers in your area and [find the best lawyers] based on their location, type of law, attorney cost, and experience. You can also [ask a legal question] on the website to get expert opinions from lawyers.
Possible Fees and Costs
In terms of the fees and costs associated with various issues and services in the area, the following table provides some rough estimates:
| Service/Issue | Cost |
|---|---|
| Initial Consultation | $150-$300 |
| Filing a Lawsuit | $200-$400 |
| Hourly Fee | $200-$500 |
| Contingency Fee | 25%-40% |
| Flat Fee | $500-$5,000 |
Please note that these are approximate figures and may vary depending on the specific circumstances of your case.
Relevant Links
To help you with your research, I have provided some relevant links below:
Positives and Negatives
Positives:
- The investors have identified a problem with their subscription agreement and the transfer of ownership.
- They are seeking legal guidance to resolve the issue.
Negatives:
- The investors have stopped receiving rent from the property.
- Their rights in the Delaware company were never registered.
Legal Disclaimer
Please note that this response is for informational purposes only and does not constitute legal advice or create an attorney-client relationship. You should always seek the advice of an attorney in your jurisdiction regarding any legal matter.
Summary and Call to Action
In summary, if you are looking for a litigation lawyer in Delaware, I suggest you explore the options available on Explore Lawyers, where you can compare lawyers in your area and [find the best lawyers] based on their location, type of law, attorney cost, and experience. Please note that the fees and costs associated with various issues and services in the area may vary depending on the specific circumstances of your case. I have also provided some relevant links that can help you with your research. If you have any further questions or require clarification on any of the points mentioned above, please do not hesitate to ask.
Hello,
Myself and other investors invested in a Delaware company, which was supposed to hold rights in a property in Virginia and pay rental income until it is sold as a part of a RIT portfolio.
After a few months we stopped receiving the rent and we learned that the RIT owner transfer his ownership part to a third party and that our rights in the Delaware company were never registered. We also learned that our subscription agreement to the Delaware company has some serious faults as it is drafted as if it is related to a partnership rather then a company.
Now we need a litigation lawyer in Delaware that can guide us as to the available legal vehicles we can use. We prefer a lawyer who is reasonably or even cheap for this matter.