Representation of claimants in suit against the City of North Miami Beach challenging the City's Height & Density zoning ordinance. Our clients asserted that a 2007 ordinance capping the height of future developments at 15 stories and requiring anyone requesting a variance to obtain a super majority vote of the elected Council breached the City's charter. After hearing our argument, the Circuit Court ruled in our favor, holding that the City of North Miami Beach violated its own charter both by establishing various requirements for a majority of votes and by applying such requirement to the City Council in its entirety. This ruling was a significant victory as it confronted the Hometown Democracy movement in South Florida.
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...