Our attorneys have particular familiarity with real estate, title and mortgage issues, construction, and financial matters involving banking banks (in residential mortgage disputes and other loan and escrow issues), financial advisors, and brokers, and we have been appointed to serve as Receivers, winding down partnerships and corporations, and distributing their real property.
The following selected cases are representative of the variety of matters the Firm has handled.
Representative Matters
Representative Matters
Commercial Disputes
- Served as Arbitrator in a dispute between a financial advisory company and one of its former employee-advisors regarding the former advisor’s alleged theft of his book of business from the company. At issue were dueling expert testimony regarding the value of that book and the related issue of the length of time for which the former employer’s losses should be considered to continue, before those losses become speculative.
- Served as Receiver in the dissolution of a partnership that owned a multimillion dollar condominium property. Key issues surrounded how much the various condominiums were worth and how much each of the parties, the majority partners and minority partners of a partnership, were entitled to receive in the partnership’s dissolution. Worked with a certified public accountant to properly and expeditiously wind down the partnership and distribute its assets, including the large property.
- Currently serving as the Receiver over corporations that together, own 17 properties which will be sold to dissolve the corporate parties.
- Published in Law360 – EagleBank v. BR Professional Sports Group, Inc., EDPa Civil Action No. 14-5550 – Working alongside an attorney in Maryland, successfully represented EagleBank in an Eastern District of Pennsylvania action in which BR Professional Sports Group (BR) sought to keep $1.25 million that EagleBank had loaned to it. A more junior lienholder attempted to intervene in the action to obtain the funds. The more junior lienholder was permitted to intervene but after multiple briefs, we successfully obtained a Court Order entering summary judgment in favor of EagleBank on all of BR’s claims. BR appealed, and we were able to convince the United States Court of Appeals for the Third Circuit to affirm the District Court’s ruling. Thirty days after that ruling became a final judgment, BR returned to EagleBank the full $1.25 million BR had been holding, completing our victory for our client.
- Defended the sellers of a home in a construction action in which the plaintiff-buyer sought $645,000. The buyer claimed the sellers, who he had hired to perform major renovations on the property, performed the work negligently and defrauded him in its sale. In the Philadelphia Court of Common Pleas Commerce Court litigation, the plaintiff-buyer produced a punch book of more than 500 pages of photographs that he testified supported his claims. The matter went to trial and after a jury was selected, we submitted a Motion in Limine that was granted, and the plaintiff’s damages’ expert was stricken. Immediately thereafter, the plaintiff voluntarily discontinued the action and never filed suit against the defendant-sellers again.