Successful Opposition to $5 Million Fee Bonus Claim

Creditor

Representation of creditor in connection with opposition to motion seeking fee of $5 million as a bonus for results obtained. Successfully briefed and argued the motion, resulting in the entry by the Bankruptcy Court of a memorandum opinion denying the motion in full.

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Jeffrey I. Snyder
General Counsel, Head of Bankruptcy, CMBS Litigation and Workouts
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Experience
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Experience
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.
Experience
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...
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