Practices
Industries
Value-Added Services
Developing innovative pricing structures and alternative fee agreement models that deliver additional value for our clients.
Advancing professional knowledge and offering credits for attorneys, staff and other professionals.
Helping clients respond correctly when a crisis occurs.
Providing our clients with legal, strategic, and practical advice to make transformational changes in their organizations.
Leveraging law and technology to deliver sound solutions.
Delivering seamless service through partnerships across the globe.
Leveraging leading-edge technology to guide change and create seamless, collaborative experiences for clients and attorneys.
Industry-leading conferences focused on affordable housing, tax credits, and more.
Providing actionable information to support strategic decision-making.
Teaming with clients to advance sustainable projects, mitigate the effects of climate change, and protect our planet.
Offering a range of investment management and fiduciary services.
Bringing together companies and investors for tomorrow’s new deals.
Offering fresh insights on cases that are delayed, over budget, or off-target from the desired resolution.
Courtroom-ready lawyers who can resolve disputes early on clients’ terms or prevail at trial before a judge or jury.
Creating positive impact in our communities through increasing equity, access, and opportunity.
Partner / Chair, Private Investment Fund Disputes
Steve LaRose is the chair of the firm’s Private Investment Fund Disputes team. He is a skilled commercial litigator who works with clients to resolve their business problems, particularly in defense of SEC litigation proceedings and disputes amongst parties in the areas of private equity and hedge funds, securities laws, corporate governance, partnerships, tax credit investments, and financial services.
Whether in large corporations, financial institutions, partnerships or closely held corporations, disputes continue to arise over corporate governance, fiduciary concerns, alleged violations of the U.S. securities laws and corporate control matters. I regularly represent businesses and individuals in front of the Securities & Exchange Commission (SEC), as well as state securities regulatory bodies. I am involved in the defense of a number of actions asserted against clients by the SEC involving alleged disclosure issues in municipal bond offerings.
I represent private equity funds, hedge funds and managers and institutional investors to resolve disputes concerning fund management, compliance issues, redemptions and valuation matters. I handle matters involving the proper attribution of carried interests in a fund.
More and more, I see a trend involving private equity funds’ involvement in disputes at the operating company level, generally over management of the operating company or its dealings with third parties. Recently, I defended a private fund sued in its capacity as decision maker for one of its portfolio companies. Similarly, the SEC continues to be active in this space, paying particular attention to private equity firms’ methods of receiving fees.
I work with the firm’s first-in-class Tax Credit & Affordable Housing Investment Disputes practice group and help clients protect their tax credit investments by resolving disputes between partners, working out problems at the operating partnership level, and attending to tax credit compliance issues.
Greater focus and development of environmental, social and governance (ESG) standards. As changes in the globe’s climate continue to progress and social issues take a larger stage in society, many investors now demand greater disclosure of ESG plans and practices. Indeed, the risks associated with ESG issues—damaging weather events caused by climate change, serious health events like endemics or even a global pandemic, and attention or inattention to issues of equality—all can affect corporate performance. We have a patchwork of standards now, but I expect that the SEC and other regulatory bodies will develop new standards to stay with the times, and begin to enforce those standards to meet investor calls for greater transparency.
This article highlights NP’s recent win in the Liriano v. Stony Brook Gardens Cooperative Corp. case in which a preliminary injunction was obtained against Stony Brook Gardens Co-op and its board of directors. Complex Disputes partner Steve LaRose and Affordable Housing & Real Estate senior counsel Jeff Sacks, both of the Boston office, are quoted in the coverage discussing the unique aspects of the case, including how a receivership is being applied with the goal of bringing the co-op back in compliance, ending the abuses that tenants have suffered, and returning it back to the tenants. The NP team also includes Boston Complex Disputes associate Jack Tierney.
This article covers Massachusetts Superior Court Judge Rosemary Connolly’s decision to remove Darlene Johnson from Jamaica Plain’s Stony Brook co-op board of directors and as the board president amid a long-running dispute. NP is mentioned in the coverage for working with nonprofit City Life, the City of Boston, and Massachusetts officials to open Stony Brook’s records, bring the co-op back into compliance, and end the abuses tenants have allegedly suffered. The NP team is led by Boston Complex Disputes partner Steve LaRose and associate Jack Tierney
This article highlighting recent real estate deals in the Greater Boston region mentions NP for advising The United Company in the sale of Boston’s Church Park Apartments complex to Brookfield Asset Management. The NP team was led by Boston Affordable Housing & Real Estate partner Alex Rosso and included Boston Complex Disputes partner Steve LaRose, Los Angeles Corporate partner Shahzad Malik, Washington, DC Community Development Finance partner Elizabeth Young, Boston Corporate senior counsel Bill Kelly, Washington, DC Corporate associate Brian Kenney, and Boston Affordable Housing & Real Estate associate Jason Kim.
This article mentions NP for advising United Companies in the sale of Boston’s Church Park Apartments complex to Brookfield Asset Management. The NP team was led by Boston Affordable Housing & Real Estate partner Alex Rosso and included Boston Complex Disputes partner Steve LaRose, Los Angeles Corporate partner Shahzad Malik, Washington, DC Community Development Finance partner Elizabeth Young, Boston Corporate senior counsel Bill Kelly, Washington, DC Corporate associate Brian Kenney, and Boston Affordable Housing & Real Estate associate Jason Kim.
Boston Complex Disputes partner Steve LaRose, chair of the firm’s Private Investment Fund Disputes team, is featured in this article as one of the publication’s “Go To Lawyers” for business litigation in 2022.
Massachusetts
U.S. District Court, District of Massachusetts
U.S. Court of Appeals, First Circuit
George Washington University Law School, J.D.
Villanova University, B.A.
Stay informed of the latest legal news, alerts, and business trends.Subscribe