Representation of client in the $80 million sale of 80% equity in an online wholesale promotional products company to an affiliate of a private equity firm. The transaction included a corporate restructuring prior to the sale for tax efficiencies. This was followed later by the sale of the balance of equity for $15 million to the same firm.
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...
Representation of Lennar Corporation in the formation of Lennar Multifamily Venture (LMV), an equity fund/joint venture sponsored and managed by Lennar Multifamily Communities with global sovereign and institutional investors. The venture, with initial equity commitments of $1.1 billion, targets inv...