Acquisition and Demolition of Major Bankrupt Hotel in Miami

Hotel and Conference Center Developer

Representation of buyer in acquisition of one of the largest suburban hotels in Miami, Florida. The sale was accomplished through a combination of stay relief in a chapter 7 case, completion of a foreclosure sale, and the subsequent acquisition from the foreclosing lender. Post-acquisition, the buyer closed and demolished the hotel.

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Suzanne M. Amaducci
Chair, Real Estate
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Experience
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.
Experience
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...
Experience
Served as debtors' counsel to Cordia Communications and certain of its affiliates in the Middle District of Florida, handling all aspects of the debtors' chapter 11 cases, including development and implementation of a ยง363 sale of the clients' business assets to a stalking horse buyer and successful...
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