Rosemary Lemmis started the law firm to represent both established and new businesses and individuals in a variety of areas. She is committed to promoting ethical and responsible standards for lawyers and their clients in a diverse and at times fractured society.
Rosemary has a deep background in commercial real estate transactions,
having represented real estate investment firms, developers, funds, commercial landlords and businesses. She has advised and
created appropriate entities of real estate related and other businesses, including joint ventures, limited liability companies (including bankruptcy-remote entities available in certain jurisdictions), limited partnerships, general partnerships and corporations. She has been involved in billions of dollars of real estate acquisitions and sales involving large and small office buildings, retail and multitenant apartment buildings, industrial and warehouse properties, distressed assets including REO’s and defaulted notes, residential properties and raw land. She has regularly handled private offerings and advised on real estate ownership for equity investors. She has been involved in financing for borrowers, investors, and guarantors, including equity and mezzanine financing, including construction, bridge and permanent financing, and conduit loans. She has prepared and negotiated commercial leases for landlords and tenants for restaurants, offices, big-box national chains, multitenant and industrial properties.
She also provides opinion letters, including substantive non-consolidation opinions. She represents startups in e-commerce, food and technology areas. She has also worked on business and real estate litigation and appeals.
Prior to opening VL Business Law, Rosemary worked at both mid-sized firms and boutique firms in the Los Angeles area. With her law partner, she is teaching at the UCLA Venture Accelerator at the Anderson School of Business and mentoring startup businesses. She received her BA from Brown University, her JD from the USC Gould School of Law, is ABD from Carnegie Mellon University, and studied at the School of Criticism and Theory at Dartmouth College. She has taught reading and writing at Carnegie Mellon University, and senior seminars in the Law and Society Program at the University of California at Riverside. She has also taught classes on business entity formation and commercial leases to various community development groups, and spoken at a number of conferences.
She does pro bono work with Public Counsel, and received an award as their 2015 Community Development Lawyer of the year. She is a member of CREW-LA, the UCLA Real Estate Alumni Group, and Mensa.