Representation of Mezzanine Lender of Tampa Condominium Project in Chapter 11 Proceedings

Bankruptcy of luxury condominium project
Representation of the mezzanine lender with the largest unsecured claim in the chapter 11 case of Towers of Channelside, a luxury condominium project in Tampa, Florida, in attempting to maximize value in a challenging real estate market.
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Jeffrey I. Snyder

Jeffrey I. Snyder

Partner, Assistant General Counsel
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Experience
Representation of debtor in possession in the chapter 11 case of Cabi Downtown LLC, the owner of an 849-unit condominium project owing over $250 million to a bank consortium, defaulting unit purchasers, trade creditors, and its general contractor. The case was the first large condominium filing in S...
Experience
Representation of B piece and special servicer clients, handling in excess of $22 billion in new securitizations in 2013-14.
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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