Sale of Pari-Mutuel Racetrack in Texas
Pari-Mutuel Racetrack
Counsel regarding sale of pari-mutuel race track in Corpus Christi, Texas. The sale included a potential additional payment contingent upon the Texas legislature's authorization of the use of slot machines in pari-mutuel race tracks.
Related Practices
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Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Representation of an energy company in its $9.45 billion all-cash acquisition of another energy company, resulting in the creation of the largest utility holding company in the United States.
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...