David Freedman successfully obtained a foreclosure order in the Miami-Dade County Circuit Court for the benefit of bondholders of over $70 million in bonds, which had been issued by a unit of local government. The foreclosure was obtained despite the property owner's attempt to circumvent the foreclosure by filing a separate lawsuit seeking an injunction of the foreclosure, arguing that the persons holding office for the governmental unit that had originally issued the bonds were not properly elected.
Foreclosure Order Obtained for Bondholders in Complex Dispute
Posted: March 14th, 2012