BridgeInvest affiliate sued in June for $25M loan By Katherine Kallergis, TRD Miami | September 10, 2020 Facing foreclosure from their lender, the owners of the Variety Hotel in Miami Beach listed the property for sale asking $36.5 million. A company tied to Adam Verner of New York-based Springhouse Partners and Chaim Cahane of Forte Capital [...]
Expert Analysis Law360 (August 31, 2020) | Donald Hayden and Ibrahim Amir Title 28 of the U.S. Code, Section 1782 can be a powerful tool for parties looking to collect evidence for use in international arbitration. Upon application by any interested person, Section 1782 authorizes a U.S. district court to order a person or an [...]
In Episode 39, expert Peter Zalewski of Condo Vultures interviews litigator Josh Migdal - a name partner in the Mark Midgal & Hayden law firm in Miami - about how banks are preparing for a possible "tidal wave" of mortgage foreclosures that could be occurring in 2021 as a result of an [...]
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 [...]