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Case results>Litigation>Fair Split of Property Settles Sibling Standoff

Fair Split of Property Settles Sibling Standoff

Jun 24, 2024
1’ read
Litigation
Prior results do not guarantee a similar outcome. Every case is different, and results depend on the specific facts and law involved.
Alex LowePartner | 21 years of experience
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Alex Lowe
Alex Lowe
Alex LowePartner 21 years of experience
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Owning a vacation property differs greatly from managing one. Just ask two siblings who were gifted a condominium in Vail. 

The siblings formed a limited liability company, and before long, they were booking guests and appeared to be turning a profit. However, as time passed, our client began to suspect their sibling was mismanaging funds. When asked for accounting records, bank statements, and tax receipts, the sibling “ghosted” our client. 

Robinson & Henry executed a settlement agreement on behalf of our client. This allowed the siblings to dissolve their LLC and sell the LLC’s sole asset, the Vail condo. Each sibling received half the property’s sale price, resolving the matter for good. 

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A.) We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Assistance with debt, foreclosure, and creditor actions may involve bankruptcy relief. B.) Prior results do not guarantee a similar outcome. Every case is different, and results depend on the specific facts and law involved. C.) Contacting us does not create an attorney-client relationship. Please do not send confidential information until an attorney-client relationship has been established.