Bankruptcy Litigation Involving California Condominium Developer

California Condominium Developer

Representation of a California developer of luxury condominiums regarding contracts for sale of three units. Buyer deposited nearly $1 million on the units, but did not close before an involuntary bankruptcy proceeding was filed against him in 2007. Trustee of buyer's estate sought to recover the full deposit from developer. Settled the case favorably after nearly five years.

Related Practices
Successful representation of California bank in complex mortgage foreclosure debt recovery action through state court and bankruptcy court in the Southern District of Florida, which resulted in the criminal indictment of the borrower's principal for bank fraud.
Debtors' counsel to Fontainebleau Las Vegas Holdings, LLC, and two of its affiliates in their chapter 11 cases in the Southern District of Florida. The debtors had over $2 billion of funded debt, had used $500 million of equity, and were prosecuting claims for $800 million in unpaid additional finan...
Representation of real estate investors in limited partnership derivative suits. Investors sought millions of dollars in damages, based on the diminution of the value of their investment and lost opportunities.