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 i...
Representation of a joint venture, and 10 other corporate and individual clients, in defense of a third party complaint by a condominium association seeking over $120 million in alleged damages. The association's primary claim was that the third party defendants conspired to fraudulently prevent the sale of the condominium. Our team successfully obtained a dismissal with prejudice of all claims.
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.