Defense counsel retained Cornerstone Research in a case involving the failure of a number of real estate limited partnerships (RELPs). Retained by Gibson, Dunn & Crutcher and by Morrison & Foerster Defense counsel retained Cornerstone Research in a case involving the failure of a number of real estate limited partnerships (RELPs). Working with an economics expert who testified on loss causation and damages, we provided evidence of the reasonableness of the offerings and the fees in light of the economic conditions, syndication industry standards, and market expectations. We showed that the returns on these RELPs were comparable to those in similar limited partnerships and that changes in the value of the underlying properties were comparable to those of similar properties. The expert testi

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