- Skill, Perseverance, Clear Communication Earn Hard-Fought Jury Defense Verdict in CA Wrongful Foreclosure Case
Where we started: In January, 2020, Michelle McCliman and Kere Tickner took over a 2018 case against a homeowners association and its property management company. The case involved an alleged wrongful foreclosure of Plaintiff’s home for failure to pay his monthly HOA assessments. Plaintiff also claimed that the foreclosure and other conduct by the propertyMore
- McGlinchey Real Estate Team Plays Instrumental Role in Tailwind’s Successful Acquisition of LSU Student Housing Complex
McGlinchey attorney Marshall Grodner, a member in the firm's Baton Rouge office, recently played a pivotal role in orchestrating a highly successful commercial real estate transaction for firm client, Tailwind.
- National Consumer Credit Compliance Project
For a national mortgage lender, McGlinchey handled a national consumer credit compliance project, including the creation of forms of retail installment contracts, promissory notes and security agreements, and forms for residential real estate lending. For this client, our team monitors applicable laws for eleven different lending products offered in 40 states.
- Drafted detailed 75-page report authorizing suit to recover more than $7 million in damages from president of private real estate company on behalf of special committee of company’s board of directors.
Drafted a detailed 75-page report authorizing suit to recover more than $7 million in damages from the president of a private real estate company on behalf of a special committee of the company’s board of directors. Investigated a shareholder complaint of excessive compensation of management, self-dealing, and breach of fiduciary duty.
- Conducted internal investigation into possible executive financial reporting issues on behalf of publicly traded real estate sales company.
Conducted internal investigation into possible executive financial reporting issues on behalf of publicly traded real estate sales company. Interviewed witnesses and prepared report identifying compliance issues and recommending discipline, but without findings of significant misconduct.
- From Moving Target to Hitting the Bullseye: Creative Solutions Made the Difference in Completing a Complex Real Estate Acquisition
Where we started: Our client, a regional warehousing and logistics company, was starting up a new line of business and needed to acquire real estate for operations. The acquisition of the real estate looked to be a constantly moving target, requiring negotiation with lenders, the client’s primary contract holder, and the sellers. Our strategy –More
- Business, finance, and regulatory savvy came together to enable our client to complete the financed purchase of a large, mid-market telecommunications, cable, and internet provider with almost 100 separate real estate locations
Where we started: In a market consolidation move, our client – a small, mid-market telecommunications, cable, and internet provider – was bidding on the purchase of a large, mid-market telecommunications, cable, and internet provider. Financing was going to be required to complete the purchase, and various regulatory components needed to come together to have suchMore
- Managed sale of four properties by a hospitality company to an investment group of eleven casino and casino hotel sites in six states and leaseback of the properties
Managed documentation of the transaction and performed title work and wrote title policies for two of the properties.
- Convenience Stores
Coordination of sale and/or purchase of various convenience store sites, including environmental reports and issuance of title insurance.
- Hotel, Medical Offices and Retail Shops
Coordination of acquisition, examination of title, issuance of title policies, financing of a multi-use development including hotel, medical offices and retail shops.
- Casino, Riverboat and Race Track
Coordination of acquisition, examination of title, issuance of title policies, financing of casinos, riverboats and race tracks.
- Representation of the purchaser of the retail liquor store operations of a grocery store chain with, among other things, the evaluation of 17 retail leases in the Houston area
- Represented a national real estate developer as local counsel regarding its acquisition of two commercial properties purchased for development of retail strip centers
Reviewed purchase agreements, titles, surveys, and all closing documents, and saw the properties through closing.
- Representation of owner/developer in contractor lien disputes with more than a dozen lien creditors on 100+ acre major retail development
- Deploying the Necessary Resources and Tapping Extensive Experience and Legal Acumen Help Close a Complex, Fast-Moving Real Estate Transaction
Where we started: Attorneys within our firm’s title insurance subsidiary, MACSTAM Title Company LLC, received a call from a major law firm in Miami that represented a client who was purchasing eight apartment complexes in Louisiana. The Miami partnership, one of the many law firms that retain us, hired our team as the exclusive counselMore
- Legal Team Pulls Together Nine Parcels of Property and Negotiates with Multiple Parties to Assist Developer in Building Student Housing Project
Where we started: A real estate development, construction, and management company operating in the student housing arena asked us to serve as its local counsel and title insurance agent in the development of a student housing apartment complex next to Louisiana State University in Baton Rouge. The project required the purchase of nine separate parcelsMore
- Acquisition of an industrial processing facility from a seller in bankruptcy
McGlinchey Stafford represented the client as local counsel in the financing and acquisition of a large industrial processing facility in south Louisiana from a seller that was in the midst of bankruptcy proceedings. Our scope of work included insuring title, issuing mortgage enforceability opinions, and helping to navigate issues that arose from the seller’s bankruptcy.More
- Acquisition of an office tower and joint venture entity formation
McGlinchey Stafford represented a property management company in connection with a transaction involving the acquisition of an office tower by the client. The client is a partner in the joint venture that acquired the office tower. McGlinchey Stafford assisted the client in negotiating, drafting, and finalizing the operating agreement for the joint venture entity andMore
- Served as local counsel to Saban Real Estate in connection with its acquisition of numerous apartment complexes located throughout the U.S.
Marshall Grodner and Mike Rubin served as local Louisiana counsel to Saban Real Estate in connection with its acquisition of numerous apartment complexes located throughout the United States. Four of the properties were located in Baton Rouge. The total acquisition costs for the Baton Rouge properties were close to $100 million. Sam Bacot and RudyMore
- Represented a subsidiary in connection with a public offering and credit facility
Rendered advice on state real estate issues and rendered local counsel opinions in connection with the offering and credit facility.
- Local counsel and title agent to a bank in connection with a synthetic lease transaction involving a syncrolift and related leasehold mortgage
- Local counsel and underwrote title and title insurance for the refinancing of an apartment complex
- General counsel to a bank in connection with a loan and amendments thereto to an auto premium finance company
Matter involved complicated insurance regulatory and UCC issues.
- Represented shipyard and related affiliates in $20M-plus asset sale
Handled assignment and assumption of all existing leases, negotiation and drafting of a new lease of a new facility between seller and purchaser, and all other real estate matters as part of the sale
- Uniform Commercial Code counsel to telecommunications company and its subsidiaries in connection with a securitization of receivables transaction
Issued approximately 20 UCC perfection opinions based on various states’ versions of the UCC in connection with at least two tranches of this transaction.
- Lead counsel on document compliance with state law on a matter involving the sale of a coal transfer facility that is ship-to-barge and barge-to-ship
Underwrote and issued title insurance.
- Lead counsel to an industrial vendor and its subsidiaries in connection with their primary $100,000,000 credit facility.
Negotiated credit facility documents and issued a closing opinion.
- Represented purchaser of two pieces of property, which became a part of an assemblage of property already owned by the developer
Negotiated and prepared a long-term ground lease conditioned upon acquisition for the developer with a national company that builds and operates large fuel stations and convenience stores.
- Lead counsel to an agricultural refinery in connection with a term loan, bond facility, and refinancing of a working capital facility totaling $300,000,000.
Negotiated credit facility documents and will be issuing a legal opinion based on multiple states’ laws.
- Local counsel and title agent in connection with the acquisition of approximately nine separate parcels of land
Acquisition involves multiple different owners and a complicated servitude parking agreement with the city.
- Local counsel for refinance of two existing apartment complexes
Prepared and approved all lending documents; underwrote title and issued title insurance.
- Acquisition, Leases and Build-to-Suit Leases for nationwide fast food chain
Coordination of closing, including acquisition, financing, examination of title, issuance of title polices, preparation of all closing documents, for a new and rising fast food chain of over 48 sites in Louisiana, Mississippi, Ohio, Texas, Florida, Alabama, Nebraska, Montana, and Georgia. These include acquisitions, leases, and build-to-suit leases.
- High Rise Condominium Development
Coordination of acquisition, financing, examination of title, issuance of title insurance for large tracts of land for development of high-rise condominiums along with coordinating all zoning, governmental approvals, and marketing of same.
- Lead counsel for developer on $250,000,000 multi-use hotel, retail, and condominium project
- Local counsel and title agent in connection with construction financing for a student housing project
- Prepared and reviewed documentation for general advice and state law compliance in connection with the acquisition of nine apartment complexes
Underwrote title and issued title insurance.
- Representation of a bank group in connection with the acquisition in lieu of foreclosure of four health care facilities pursuant to a Chapter 11 plan of reorganization
- Representation of a family limited partnership in connection with the sale of approximate 640 acres of rural real property for use as a wetlands mitigation bank
- Representation of a guardian in connection with sale, financing, and retention of a life estate interest in property acquired by a private school specializing in special needs children
- Representation of a national healthcare provider as local Texas counsel in connection with the sale of eight medical office buildings
- Representation of a national mortgage company in connection with the expansion of its lending offices by finalizing a portfolio of 18 office space leases in multiple jurisdictions
- Representation of a private company in connection with the sale of an office warehouse facility to Dallas County
- Representation of a regulated financial institution in connection with the acquisition of a downtown Houston office building for use as bank facilities
Representation of a regulated financial institution in connection with the acquisition of a downtown Houston office building for use as bank facilities in exchange for the conveyance, pursuant to Section 1031 of the Internal Revenue Code, to a regulated financial institution of a hotel situated in Corpus Christi, Texas
- Representation of a third generation family business in connection with the sale of their downtown Houston facilities
- Representation of an out-of-state lender in connection with the acquisition in lieu of foreclosure of a downtown Houston office building, and associated tunnel rights, situated on, and under, a block of downtown Houston
- Representation of mortgage lenders, including regulated financial institutions, in connection with the restructuring and foreclosure of commercial, industrial, development, and warehouse properties on a statewide basis
- Representation of regional banks as local Texas counsel in connection with commercial real estate lending
- Representation of secured lenders in connection with the sale of distressed, non-performing, and under-performing loans
- Representation of the City of Houston in connection with obtaining a demolition order covering a condominium project with in excess of 200 condominium units based on deterioration, nuisance, and unsafe conditions, for use by the City of Houston as a park
- Representation of the manufacturer of road paving material in connection with mechanic and materialman lien bond claims related to non-payment by contractors providing services to public works projects
- Representation of the owner of an industrial site in connection with certain environmental issues
Representation of the owner of an industrial site in connection with certain environmental issues created by previous owners, voluntary clean-up program assistance and the creation of a plume management zone for ongoing evaluation and testing in lieu of remediation
- Representation of the U.S. subsidiary of an Italian manufacturing company as lessor in connection with a facilities lease covering a portion of one of its warehouse and manufacturing facilities
- Representation of the U.S. subsidiary of an Italian manufacturing company in the staged acquisition of a manufacturing facility in Houston, Texas
- Represented a credit union regarding the acquisition of an assemblage of three different tracts of land
Handled all real estate transactions, involving negotiation of purchase agreement, title and survey review; preparation of all closing documents; and issuance of title policies.
- Represented a local developer with the temporary extension of an existing restaurant lease with a national restaurant tenant
Successfully negotiated the temporary extension of that lease to allow the tenant to stay while we negotiated a letter of intent and a new long term lease with a new, larger national restaurant chain operator.
- Represented national real estate company in sale of the majority of its portfolio of real estate assets.
- Represented owners regarding the acquisition of a piece of property with an office building located on it and the lease of that office to a U.S. government agency
Successfully negotiated lease with contingency regarding acquisition.
- Reviewed title for several locations for the owner/operator of medical office buildings for a national health care provider
Reviewed title abstracts on the properties being purchased, prepared title commitments, and issued title insurance policies.
