Bankruptcy Counsel in Day Cruise Casino Chapter 11 Case
Mark T. Calvert, Chapter 11 Trustee for ITG Vegas, Inc., et.al
Representation of the secured lender and plan proponent of SunCruz Casinos LLC, one of the largest day cruise gambling operations in the country, in its chapter 11 proceedings. In addition, we served as counsel to the post-confirmation plan administrator.
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...
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.