Federal Hasson - 678-443-4044 Atlanta, Ga
Real Estate
Commercial Real Estate; Limited Partnerships; Agency; Foreign Discovery

A foreign national residing in London invested $8 million in a real estate development project in Atlanta, but the project did not achieve the predicted success level.  A provision of the investment documents allowed the investor to sell his interest to the developer at the price paid upon the occurrence of certain events.  Those events occurred and the investor notified the developer of his intent to exercise his rights to sell.  However, the investor’s former agent filed a suit claiming that he was in fact a partner, objecting to the sale and seeking an injunction against the sale.  The Firm, representing the foreign investor, conducted extensive discovery in Europe and negotiated a settlement that included the full $8 million investment and all costs related to the defense.

 
Real Estate; Partitioning; Commercial Devlopment

Several hundred acres of prime waterfront property had been inherited by siblings, who could not agree on how to divide the properties among themselves, or how best to use or develop the land, which therefore prevented any development of the land.  The Firm was retained by one of the heirs in a partitioning action, and expert surveyors, engineers, and appraisers were hired.  The Firm obtained control and sole ownership of a separate share of the property for the Client, who then developed a planned community and office park on the property.

 
Real Estate; Developer; Parnership

The Firm represented a group of families who had been persuaded to become partners in the development of a real estate community and who, after having invested a significant sum of money, were subsequently sued by the developer to force them out of the partnership for a value substantially below what they believed to be the value of their interests.  The Firm defended the lawsuit, and a counterclaim was made against the developer, who was subsequently convinced to pay the Firm’s clients the full value of their partnership interests.

 
Toxic Mold; Condominium; Sellers Affidavit

A retired couple who had sold a condominium which they had bought and rented out as an investment property was sued by the new owner who claimed he was sickened by mold infestation.  The Firm defended the couple, and counterclaimed for fraud, and obtained a dismissal of the case without the cost of a trial.

 
Apartment Development; Lis Pendens; Jury Trial

The corporate counsel of an apartment development company hired the Firm to resolve a title dispute between the company and a rival apartment developer that had filed a lis pendens on a tract the company had purchased for an apartment development.  The Firm sued the competitor in Superior Court and tried the case to a jury, disproving the competitor’s claim to the property and obtaining free and clear title for the Client.

 
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