Successful Resolution of Putative Class Action for Homebuilder

Major Homebuilder
Representation of a major homebuilder in a putative class action in which home buyers claimed the client developed, marketed, financed and sold homes to the plaintiffs while failing to disclose that the homes were located on or adjacent to a former World War II military training site, which was alleged to cause economic harm to the plaintiffs. Our team successfully negotiated a favorable settlement for the client, which was less than 10% the estimated fees and costs for trial.
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Melissa Pallett-Vasquez

Melissa Pallett-Vasquez

Partner, International Group Co-Chair
Lori Lustrin

Lori Lustrin

Partner
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Experience
Representation of real estate investors in limited partnership derivative suits. Investors sought millions of dollars in damages, based on the diminution of the value of their investment and lost opportunities.
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...

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