Legal Question in Investment Law in Georgia
Rights to ''Class C Common Shares'' Property Investments Seized
I have inherited as the sole beneficiary of my father's entire
estate what consists partially of a very large sum of ''Class C
Common Shares-type'' of property investment. The company
invested in has determined that my rights to redeem any or
all of my shares has been denied to me until they determine
by their definition that the nation's economy has fully
recovered. What rights, if any, might I be entitled to insist
that the money that I have invested with them be made
available to me? Please advise. Thank you.
1 Answer from Attorneys
Re: Rights to ''Class C Common Shares'' Property Investments Seized
We do not know the terms of the placement or any restrictions, the nature of the investment/ownership, restrictions on redemption, and several other details.
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