Bankruptcy Counsel for Luxury Hotel and Casino in San Juan

Debtor and owner of Ritz-Carlton San Juan Hotel & Casino
Representation of debtor and owner of Ritz-Carlton San Juan Hotel & Casino in its chapter 11 reorganization, which involved termination of the Ritz-Carlton management agreement.
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Jay M. Sakalo

Jay M. Sakalo

Partner, Business Finance & Restructuring and Corporate Practice Group Leader
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Experience

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...

Experience
Representation of real estate fund client in the private placement securities offering of a flagship private equity fund comprised of two separate real estate funds, one focused on debt investments and the other focused on direct residential and commercial investments. The funds' structures include ...
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.
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