Successful Resolution of Securities Fraud Class Action Lawsuit for Homebuilder
Representation of national homebuilder in class action in the United States District Court for the Middle District of Florida which involved a putative class of thousands of home purchasers asserting securities fraud, ILSA and FDUPTA violations, breach of contract, and other claims in excess of $100 million. Our team successfully raised serious questions regarding the suitability of the action for class certification, leading to a Court approved settlement for a small fraction of the plaintiffs' original claims.
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...