Two Downtown Miami Lots Sell for $80M After Years of Litigation


McDermott represented CDR Creances SAS, a French government organization, in years of litigation aimed at recovering property and assets from the failed French bank of the same name that were tied up with Florida developers who were later convicted of tax fraud. Two of those properties in downtown Miami lots have sold for $80 million following legal battles that went all the way to the U.S. Supreme Court. Read the full article.