Successfully Obtained $1.02 Billion Jury Verdict for Homebuilder

Lennar Corporation

Representation of major homebuilder Lennar Corporation in an action against a former business partner, who had engaged in a fraud and defamation scheme in order to extort money from our client. Following a jury trial, Lennar was awarded $1.02 billion in damages. The decision was upheld on appeal.

RELATED PEOPLE
MORE EXPERIENCE
Experience
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Experience
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.
Experience
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...
VIEW MORE EXPERIENCE