UKS attorneys, shareholder Brian C. Courtney and associate Emily R. McCarthy, represented Omni America in the acquisition of a 150 unit scattered site Project-Based apartment project in Hartford in December 2021. The Project had a checkered past – a prior owner died and the property fell into foreclosure by HUD, and more recently the tenant organization lobbied the City and HUD for a change in ownership. Omni has pledged to invest over $6 million to rehab the more than 20 buildings comprising th ...
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UKS Shareholder Christopher L. Brigham to attend MERITAS™ Board of Directors Meeting in Huntington Beach, CA
UKS Attorney Christopher L. Brigham will be attending the upcoming meeting of the Board of Directors of MERITAS™ from February 16-18, 2022 in Huntington Beach, CA. Attorney Brigham is a member of the MERITAS™ Board of Directors and a member of the MERITAS™ Finance Committee. Updike, Kelly & Spellacy, P.C. is a founding member of MERITAS™, a business alliance of more than 7,000 lawyers in 175 independent member firms in 80 countries around the globe that are dedicated to providing business c ...
The Connecticut Supreme Court’s Decision in Benjamin v. Island Management, LLC, and an Examination of the Rights of Members to Inspect an LLC’s Books
On November 2, 2021, the Connecticut Supreme Court issued its decision in Benjamin v. Island Management, LLC,[1] ruling that Connecticut General Statute § 34-255i of the Connecticut Uniform Limited Liability Company Act (CULLCA) does not require members of an LLC to present “credible proof” of mismanagement in order to inspect the LLC’s books and records. Background The defendant is a manager-managed LLC created to oversee and manage a sizable family estate. The LLC’s members are six separat ...