Partnership Dispute

Practices:
Conflict Resolution and ADR, Clients in ADR

Result:

Arbitration award of $15 million and client obtained control of $265 million from partners.

Client:

Major Real Estate Developer

Overview:

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