Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Mi...
Defense of major homebuilder and affiliates in Florida and Texas in the MDL class action in the United States District Court for the Eastern District of Louisiana and Florida State Court over the use of allegedly defective Chinese drywall in the construction of homes. Our team succeeded in obtaining dismissals of the primary claims in the state court actions, and our clients were part of a favorable global settlement resolving all remaining drywall claims against them.
Defense of a flight management computer manufacturer in a products liability action involving $300 million in claims for personal injury and property damage. A favorable judgment was secured on behalf of client following a ten-week federal jury trial.
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...