Defense of Major Bank in Fraudulent Transfer Adversary Action
Major Bank
Representation of one of the largest banks in Florida in defense of a fraudulent transfer adversary action brought by a chapter 7 trustee before the United States Bankruptcy Court for the Southern District of Florida. The trustee alleged that our client received avoidable transfers in excess of $80 million arising from payments made to or on account of loans and lines of credit in the name of principals of the debtors or their affiliates.
Related Practices
RELATED PEOPLE
General Counsel, Head of Bankruptcy, CMBS Litigation and Workouts
Partner
MORE EXPERIENCE
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...