Corali Lopez-Castro, Partner, Kozyak Tropin & Throckmorton, Coral Gables represented the trustee in a bankruptcy case with more than $600 million at stake. Courtesy photo.
U.S. Bankruptcy Chief Judge Laurel M. Isicoff in the Southern District of Florida has settled a long-running dispute over who really owned a string of defendant companies, siding with the trustee, who can now recover more than $600 million in assets and interest in a bankruptcy case.
The debtor, Leonidas Ortega Trujillo, a Miami businessman from a wealthy Ecuadorian family, filed for Chapter 7 bankruptcy protection in June 2015. But since 1996, he had been in litigation with the Ecuadorian government, represented by Boston K&L Gates partner Michael DeMarco and Miami partner Jeffrey Kucera, over the failure of what once was the country’s fourth-largest bank, run by the family.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
