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.
Counsel to the post-confirmation debtors and plan administrator in the Pharmed chapter 11 case in the Southern District of Florida. Prior to that role, we advised the official committee of unsecured creditors as they successfully negotiated a plan of liquidation for the debtors, resulting in the appointment of the post-confirmation plan administrator. As counsel to the plan administrator, we sought to recover improper dividends and distributions by commencing a $105 million lawsuit against 11 of the debtors' former directors and officers. We successfully obtained settlements with all 11 defendants, which were approved by the bankruptcy court. Before filing for bankruptcy protection, the Pharmed Group debtors were the largest independent, minority-owned, full-line distributors of medical, surgical, and rehabilitative supplies in the United States. The case has attracted a significant amount of attention in the local business community and media.
Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...