Transportation Loan Workout

Private equity fund

Representation of private equity fund in the workout of a loan made to one of the major cab service and para-transit operators at the West Palm Beach, Jacksonville, and Tampa airports.

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Jeffrey I. Snyder
General Counsel, Head of Bankruptcy, CMBS Litigation and Workouts
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Experience
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
Experience
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...
Experience
Debtors' counsel to Fontainebleau Las Vegas Holdings, LLC, and two of its affiliates in their chapter 11 cases in the Southern District of Florida. The debtors had over $2 billion of funded debt, had used $500 million of equity, and were prosecuting claims for $800 million in unpaid additional finan...
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