$115 Million Restructuring of Law Firm

Law firm
Counsel to law firm in the wind down of its operations. Prior to the mortgage foreclosure crisis, our client was one of the largest foreclosure law firms in Florida. Representation includes defense of claims against the law firm and its principal as well as the restructuring of the law firm's financial obligations.
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Jay M. Sakalo

Jay M. Sakalo

Partner, Business Finance & Restructuring and Corporate Practice Group Leader
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Experience
Successful representation of California bank in complex mortgage foreclosure debt recovery action through state court and bankruptcy court in the Southern District of Florida, which resulted in the criminal indictment of the borrower´s principal for bank fraud.
Experience
Debtors' counsel to Fontainebleau Las Vegas Holdings, LLC, and two of its affiliates in their chapter 11 cases in the Southern District of Florida. The debtors had over $2 billion of funded debt, had used $500 million of equity, and were prosecuting claims for $800 million in unpaid additional finan...
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