By Rachel O'Brien, Law360 | July 28, 2020 Six law firms, including Labaton Sucharow, Levi & Korsinsky, and Pomerantz, are vying to lead a proposed investor class action in Florida federal court that alleges Carnival Corp. hid COVID-19 infections on its ships and spread the virus at ports around the world, causing its stock price to drop [...]
More suits expected as real estate values take a hit due to coronavirus By Keith Larsen and Jerome Dineen, The Real Deal MIAMI | July 15, 2020 Affiliates of megamall developer Triple Five, along with Terra and Starwood Capital Group are crying foul over property tax bills from Miami-Dade County. A number of developers and investment groups [...]
By Ron Hurtibise, South Florida Sun Sentinel | June 26, 2020 Rising mortgage delinquency rates in Florida are raising fears that the coronavirus pandemic will lead to a foreclosure crisis as bad if not worse than the one that followed the 2008 housing crash. Some experts are optimistic that far fewer homeowners will lose their [...]
The lender alleges the hotel has failed to make payments since April By Keith Larsen, The Real Deal Miami | June 12, 2020 A lender filed a foreclosure lawsuit on a hotel in South Beach, in a possible sign of things to come. A company tied to BridgeInvest sued the owner of the 70-key Variety Hotel, which [...]
By Brian Bandell, South Florida Business Journal | June 11th, 2020 The new Variety Hotel in Miami Beach is the city's first hospitality property to face a foreclosure lawsuit amid economic fallout from the Covid-19 pandemic. BI 44 LLC, an affiliate of Miami-based BridgeInvest, filed the suit June 8 against AC 1700 Alton Owner LLC. It [...]
While remote depositions, hearings and court arguments can make it difficult to read a client or judge's reactions, the long-term savings such technology affords may keep law firms and their customers engaged long after COVID-19 restrictions are lifted. By Frank Ready, Legaltech News | June 2, 2020 With many courts across the country on the [...]
Legal industry hiring in South Florida. By ALM Staff, The Daily Business Review | May 29, 2020 Aron U. Raskas has joined Gunster in Miami as a shareholder. Raskas’ practice focuses on business, criminal, regulatory and other litigation and arbitration matters. Daniel Maland and Jordan Nadel have joined Mark Migdal & Hayden in Miami as partners. Maland’s practice focuses on complex [...]
Lawyers across the U.S. responded to questions about how their income, client and case intake has changed since the pandemic. Here's what Floridians reported. By Raychel Lean, The Daily Business Review | May 26, 2020 COVID-19 has already taken money from the pockets of Florida lawyers, who, according to an anonymous survey, expect things to get [...]
By Josh Migdal & Kevin Gale for South Florida Business & Wealth| May 21, 2020 In the classic film Groundhog Day (and yes, it is a classic), Bill Murray’s character wakes up over and over again in Punxsutawney, Pennsylvania, reliving the same day for (presumably) eternity, And every morning, the alarm goes off at 6:00 a.m. playing I [...]
By Brian Bandell, South Florida Business Journal | May 20, 2020 Many law firms in South Florida have lost significant business due to Covid-19, which could threaten some of the companies' survival, experts say. Layoffs, furloughs and significant reductions in compensation for attorneys have been the most recent effects resulting from the slow down in business. [...]