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Daily Business Review

Third DCA Rules in Favor of Borrower in Foreclosure of Tides Hotel in Miami Beach

"Justice is catching up with, 'Safe Harbor,' whose business model, as observed in the Third District opinion, is to acquire pre-existing loans and 'mine the loan histories' to 'exploit' opportunities to obtain 'retroactive default interest,'" Dennis Richard, a partner at Richard & Richard who represents the borrower, said in an email.
4 minute read

Daily Business Review

Broward Lawyers Step Into Case Grabbing International Headlines

The attorneys represent relatives of Ana Maria Knezevich Henao, the South Florida businesswoman who went missing in Spain in February.
4 minute read

Daily Business Review

A Model, a Billionaire and a Verdict: Both Sides Claim Victory in Miami Feud

"Plaintiff's position that she won is a delusional one," said defense attorney Herman J. Russomanno III.
4 minute read

New York Law Journal

Primer on Commercial Real Estate Loan Workouts and Right-Sizing, Part II

This two-part series examines several options for the commercial real estate loan in distress. As the second installment of this series, this article identifies and examines a more creative approach, one which right-sizes the loan and the underlying real estate and resets value for today's market.
11 minute read

Daily Business Review

Broward Litigators Gear for Oral Arguments in Contract Fight With City

The case pits residents against Hallandale Beach, which allegedly broke a contract in a manner detrimental to land values.
5 minute read

New York Law Journal

Holdover Proceeding; Lease Insurance Requirement; Warrant of Eviction: This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses "Steiner v. Klein," "191 Chelsea LLC v. Sal's Convenience Corp." and "Easter Home v. Pal Partner."
15 minute read

The American Lawyer

'Macro Impacts': How Much Am Law 200 Firms Have Reduced Their Space

Am Law 200 firms leased an average of 525,500 square feet of office space in 2023 at an average cost per square foot of $50.20. Here's how those figures have shifted in recent years.
7 minute read

New York Law Journal

Trends in Real Estate Litigation, Part 2: Good Guy Guaranties

In this second article in her four-part series examining how litigation can shape the evolution of best practices in the real estate industry, Adrienne Koch discusses a common feature of many commercial lease transactions: the so-called "good guy guaranty."
7 minute read

New York Law Journal

Legislative Relief for Ground Lease Cooperatives: The Next Phase of Rent Regulation

Cooperative corporations and their shareholders allege that they are subjected to unpredictable and frequently significant rent increases when ground rents reset.
8 minute read

Daily Business Review

Akerman Scoops Up Former Miami-Dade Attorney to Chair Land Use Practice

Dennis Kerbel had been the chief of the Miami-Dade County Attorney's Office's zoning, land use and environment section since 2015.
2 minute read

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