Real Estate Development Company is Awarded Control in Partnership Buyout

Commercial, Litigation

In a partnership dispute involving parties who had developed a 1,000 apartment complex and multiple mobile home parks, McManis Faulkner obtained an arbitration award for the clients against their opponents for $15 million on a defaulted loan and positioned the case so the clients could buyout their partners in the projects, which had a total value of $265 million at the dissolution of the partnership.