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Real Estate Litigation

Kramer Levin Naftalis & Frankel LLP has always had a sophisticated Real Estate litigation practice that includes handling contentious mortgage foreclosure actions involving major New York City properties; complex construction litigation on behalf of banks and developers; lawsuits between purchasers and sellers of real estate; actions on behalf of shopping center owners and tenants; landlord/tenant controversies involving commercial real estate including escalation disputes; actions among partners or members of partnerships, joint ventures or limited liability companies; and brokerage disputes. We are equally comfortable representing the mortgagor or the mortgagee, the real estate lender or borrower, the landlord or the tenant. Our Litigation Department works closely with the Real Estate Department to analyze with great expertise the governing instruments underlying the litigation — whether a lease, purchase agreement, condominium plan, partnership agreement, or documents relating to a complex financing. Our victories have included the successful foreclosure of a major Times Square property that was contested by the mortgagor and guarantors; multimillion dollar settlements with guarantors sued for deficiency judgments, including post-judgment proceedings against a guarantor that had bitterly resisted its creditors; issuance of Yellowstone injunctions in favor of commercial tenants; a multimillion dollar judgment after trial against a landlord who failed to deliver commercial premises to our client as required by the parties' lease; the successful defense of lender liability suits on behalf of real estate lenders; and the handling of bankruptcy developments that frequently follow from real estate litigation.