Archive for March, 2015

Home » March 2015

The Role of Local Counsel In a Multi-Jurisdictional Transaction

Many transactions, especially those involving real estate, qualify as a “multi-jurisdictional transaction.”  Imagine the real estate investor, a California LLC headquartered in Los Angeles, that forms a wholly-owned Delaware LLC subsidiary to purchase an investment property located in Hilton Head Island, South Carolina.  In order to finance the purchase, the subsidiary/borrower obtains a loan from a lender headquartered in Charlotte, North Carolina.  The lender will opt for North Carolina law to govern the loan documents, except that the laws of the ... Read more