Representation of individual good faith lender/investor in the notorious Capitol Investments Ponzi scheme perpetrated by the infamous Nevin Shapiro. As a result of receiving substantial distributions from Capitol, our client was sued by the chapter 7 trustee for the Capitol Investments bankruptcy estate on claims of usury and for receipt of fraudulent transfers as Ponzi scheme "false profits." We negotiated a favorable settlement of less than forty percent of amount trustee sought to recover.
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
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 Miami...
Representation of an energy companyin its $9.45 billion all-cash acquisition of another energycompany, resulting in the creation of the largest utility holding company in the United States.