Commercial and Consumer Foreclosure

• Sued for foreclosure of office building and appointment of receiver.  Action pending; negotiations regarding environmental issue and deed in lieu. (Multiple actions).
• Contested Chapter 11 bankruptcy of single owner, contiguous office buildings, seeking to cram down long-term payment terms, with 3% interest rate, on secured creditor.  Successful result, after contest, with dismissal of bankruptcy, infusion of capital, and modification of mortgage loan.
• Sued for foreclosure of office building and appointment of receiver. Defendants asserted tortuous interference with potential sale, with sale lost.  Successful result with foreclosure sale, assignment of credit bid rights, and appointment of receiver.
• Sued for foreclosure on office building and appointment of receiver.  Successful result with lender taking title and retaining building.
• Sued on behalf of property investor group for foreclosure and appointment of receiver.  Successful result with lender taking title, and recovering substantial deficiency in a contested trial.
• Represented investment property owner in negotiation of modification with regional lender. Successful negotiation with dismissal of foreclosure.
• Sued for foreclosure of a 26-building apartment complex damaged by Hurricane Wilma and appointment of a receiver.  Successful result with institutional investor contracting for an option period, construction and purchase within six months of foreclosure sale.
• Represented of principals of owner in connection with claims raised in bankruptcy of SPE condominium development project; sale of 40 remaining units at bankruptcy auction; channeling injunctions and new value.
• Represented, pro bono, homeowners in connection with mortgage foreclosure actions on their residence; mediation and restructure of mortgage or sale process.
• Represented of lender in connection with sale of second mortgage debt, after Chapter 13 bankruptcy of individual owners.
• Represented of lender in connection with disputed commercial foreclosures and deficiency actions: undeveloped, intracoastal property; undeveloped acre in Arcadia; improved commercial apartment complex.