Multimillion Dollar Delayed Construction Litigation
Luxury Condominium in Downtown Miami
Representation of high-rise luxury condominium in downtown Miami, Florida, in a multimillion-dollar claim against the defunct general contractor and performance bond surety for damages caused by delayed construction. Despite the 13-month delay, surety counterclaimed, demanding $20 million in damages due to completion costs. Our team aggressively litigated the case for five years. On the eve of a six-week trial, we reached a settlement on terms amounting to a substantial victory for the client.
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.
Representation of debtor in possession in the chapter 11 case of Cabi Downtown LLC, the owner of an 849-unit condominium project owing over $250 million to a bank consortium, defaulting unit purchasers, trade creditors, and its general contractor. The case was the first large condominium filing in S...
Representation of joint venture between Starwood Hotels & Resorts and The Related Group of Florida regarding zoning and land use for the redevelopment of the six-star St. Regis Bal Harbour. The $1.5 billion project, located across from the Shops at Bal Harbour, consists of 285 condo-hotel units ...