Responses prepared by Ronald S. Greenberg, partner and chair of Kramer Levin’s real estate litigation practice, and Jeffrey L. Braun, counsel of Kramer Levin’s land use and real estate litigation practices.
What are some of the department’s most satisfying successes of the past year and why? What was satisfying about obtaining dismissals of all claims in the Wade Park matter was not only the repeated litigation victories, but also that Kramer Levin engineered a key component of the real estate loan for one of the clients (effectively, an equity sweep) that made it unscathed through years of lender liability litigation. That initial deal structuring and planning of remedies were very helpful in the eventual litigation. It was an excellent example of our firm’s collaborative approach.
In the real estate litigation practice at Kramer Levin, the past year has been full of satisfying successes. Ronald S. Greenberg, partner and chair of the practice, along with counsel Jeffrey L. Braun, have been instrumental in achieving these victories. One particularly notable success was the Wade Park matter, where all claims were dismissed. This accomplishment not only showcased the team’s litigation prowess but also highlighted the firm’s collaborative approach and strategic thinking.
What made the dismissal of all claims in the Wade Park matter so satisfying was the multi-faceted strategy employed by Kramer Levin. Apart from the repeated litigation victories, the firm had also engineered a key component of the real estate loan for one of their clients. This component, known as an equity sweep, played a crucial role in protecting the client from years of lender liability litigation. The initial deal structuring and planning of remedies demonstrated the firm’s foresight and ability to anticipate potential challenges.
This success in the Wade Park matter exemplifies Kramer Levin’s collaborative approach to real estate litigation. By involving various practice areas within the firm, such as real estate and land use, the team was able to tap into a wealth of knowledge and expertise. This interdisciplinary approach allowed for a comprehensive evaluation of the client’s needs and the development of effective strategies.
Furthermore, the victory in the Wade Park matter showcases the firm’s commitment to providing holistic solutions for their clients. By considering not only the immediate litigation needs but also the long-term ramifications, Kramer Levin was able to position their client for success. The equity sweep component in the real estate loan played a critical role in mitigating potential liability and preserving the client’s interests.
Overall, the past year has been marked by numerous satisfying successes for Kramer Levin’s real estate litigation practice. The dismissal of all claims in the Wade Park matter highlighted the firm’s litigation skills, collaborative approach, and strategic thinking. Ronald S. Greenberg’s leadership, along with Jeffrey L. Braun’s counsel, has been instrumental in achieving these victories. As Kramer Levin continues to navigate the complex landscape of real estate litigation, their clients can rest assured that they will receive comprehensive and effective advocacy.