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Supreme Court Rules That Citizenship Of A REIT Is Based On Citizenship Of Its Members, Including Shareholders
Posted on: July 28, 2016, 3:40 p.m.
On March 7, 2016, the U.S. Supreme Court (the “Supreme Court”) ruled that the citizenship of a Real Estate Investment Entity (“REIT”), for purposes of federal diversity jurisdiction, is based on the citizenship of its members, which includes its...By: King & Spalding Full investment news article