Cole, Schotz, Meisel, Forman & Leonard, P.A. News/Blogs Feedhttp://live.coleschotz.com/?t=39&format=xml&directive=0&stylesheet=rss&records=10en-us09 Dec 2019firmwisehttp://blogs.law.harvard.edu/tech/rssAdvanced Collection Practices and Bankruptcy Implications Day 2http://live.coleschotz.com/?t=40&an=100226&format=xml&p=586031 Jan 2020Events<p><strong>Event Details:</strong><br /> 9:00 AM - 12:05 PM ET <br /> <br /> <strong>About the Program:</strong></p> <ul> <li>Liquidating Business Assets, including Liquor Licenses, Intellectual</li> <li>Property, Trade Creditors, Inventory, Equipment, Machinery, Etc.</li> <li>The Landlord&rsquo;s Rights &ndash; Landlord&rsquo;s Lien</li> <li>The Rights and Credits Levy</li> <li>Receiverships, pre and post-judgment &ndash; critical differences</li> <li>Other Post-Judgment Collection tools &ndash; How to Create Settlement Leverage</li> <li>Miscellaneous Execution/Collection/Judgment Enforcement Tips - Converting a Corporate Judgment into a Personal Judgment</li> </ul> <p>For more information or to register please <a href="https://tcms.njsba.com/PersonifyEbusiness/Default.aspx?TabID=1699&amp;productId=49759917">click here</a>.</p>http://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10Cove lands $750M loan for Hudson Commonshttps://rew-online.com/2019/12/cove-lands-750m-loan-for-hudson-commons/04 Dec 2019Newshttp://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10New York City Building Owners: What Does #GreenNewDeal4NY Mean For You?https://www.csrealconblog.com/2019/12/articles/construction/new-york-city-building-owners-what-does-greennewdeal4ny-mean-for-you/04 Dec 2019Publicationshttp://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10$50M Bid For Destination Maternity Tweaked After Objectionhttps://www.law360.com/delaware/articles/1224896/-50m-bid-for-destination-maternity-tweaked-after-objection?nl_pk=3069a645-66ca-4a87-adc5-2012efcd9979&utm_source=newsletter&utm_medium=email&utm_campaign=delaware03 Dec 2019Newshttp://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10Don't just add 'other': How to make employment forms inclusivehttps://www.hrdive.com/news/dont-just-add-other-how-to-make-employment-forms-inclusive/567109/27 Nov 2019Newshttp://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10Cannabis stocks rocked as FDA warning undermines case for CBD investmentshttps://www.marketwatch.com/story/cannabis-stocks-rocked-as-fda-warning-undermines-case-for-cbd-investments-2019-11-26?mod=ciara-linnane26 Nov 2019Newshttp://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10Cole Schotz Represents Cove Property Group in $724m Refinancing of Hudson Commonshttp://live.coleschotz.com/?t=40&an=100263&format=xml&p=585825 Nov 2019NewsCole Schotz P.C. represented Cove Property Group in connection with a $724.2 million financing for Hudson Commons, Cove&rsquo;s 25-story, 698,000 square foot trophy office redevelopment, located at 441 Ninth Avenue, in the Hudson Yards submarket of Manhattan.<br /> <br /> The firm represented Cove in negotiation of the construction and mezzanine loans from Parlex 1 Finance, LLC, Parlex 2A Finco, LLC and Parlex 3A Finco, LLC, affiliates of Blackstone Mortgage Trust, which refinanced the existing loans with Apollo Global Management and JPMorgan Chase. Hudson Commons is approximately 65% leased by tenants Peloton, Lyft and Brevet Capital Management. The deal closed on November 25.<br /> <br /> The Cole Schotz team included members Leo Leyva, G. David Dean, Jordan Fisch, Jordan J. Metzger, Rab N. Nalavala and W. John Park, with support from associates Samantha B. Epstein, Danielle M. Pasquariello, Robyn A. Pellegrino and Cristina M. Riggio. Cove is a New York City-based owner, operator and developer of innovative institutional grade commercial real estate.http://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10Cole Schotz served as counsel to the Creditors' Committee in Think Finance, LLC, in the Northern District of Texashttp://live.coleschotz.com/?t=40&an=101279&format=xml&p=585825 Nov 2019NewsCole Schotz served as counsel to the Creditors&rsquo; Committee in Think Finance, LLC, et al. in the Northern District of Texas. The Debtors were the perpetrators of a $2 billion fraud which used Native American Tribes as a front for an internet lending scheme that charged up to 400% interest to consumer borrowers for small dollar short term loans, and tried to use the tribe&rsquo;s sovereign immunity to protect it from civil RICO suits and usury violations. As Committee counsel, we worked with national Consumer Borrower Class Counsel, the CFPB, and the Attorney General for the Commonwealth of Pennsylvania, to shed light on the scheme and recover value for the defrauded consumers and trade creditors. We also discovered additional substantial fraudulent transfers during our investigation in the cases. After years of litigation, 9 months of mediation, over 30 depositions, analyzing nearly 500,000 documents, the Debtors capitulated and agreed to a global resolution that we proposed. <br /> <br /> On November 25th, the Court confirmed the Plan in the cases, which, among other things, enjoins and voids $380,000,000 in consumer loans, ends the tribal lending business of Think Finance for good, pays trade creditors 50% of their claims, and places close to $60 million in a Litigation Trust for distribution to the consumer borrowers along with a valuable avoidance action portfolio to monetize. The team consisted of Gary Leibowitz, Mike Warner, Irv Walker, Jim Walker, Susan Usatine, Ben Wallen, Jill Bienstock, Dan Geoghan, Ian Phillips and Rebecca Hollander.<br />http://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10A tale of two trials: how the DOJ prosecuted Forex tradershttps://globalcompetitionreview.com/article/usa/1211244/a-tale-of-two-trials-how-the-doj-prosecuted-forex-traders25 Nov 2019Newshttp://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10Destination Maternity's Ch. 11 Financing OK'd In Del.https://www.law360.com/articles/1222645/destination-maternity-s-ch-11-financing-ok-d-in-del-22 Nov 2019Newshttp://live.coleschotz.com?t=39&format=xml&directive=0&stylesheet=rss&records=10