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Representative Matters

  • The firm was engaged by a REIT that had a controlling interest in a valuable piece of oceanfront property. Goldberg Kohn’s client was not in a financial position to develop the property. A minority owner sought to take advantage by tendering a very low offer and threatening litigation. The firm developed a preemptive first-strike strategy and brought a declaratory judgment action, resulting in an $8 million increase in the sale price.