Represented a developer in two related lawsuits involving a tenants association’s assignment of its rights under the D.C. Tenant Opportunity to Purchase Act (TOPA) to purchase a $40 million high-rise residential apartment building. We sued the tenants’ association for specific performance of a contract to assign to our client the tenants association’s TOPA rights to purchase the apartment building. After successfully obtaining both a temporary restraining order and preliminary injunction barring the tenants association from assigning its TOPA rights to purchase the building to anyone other than our client, and after the owner of the building then brought suit against our client for allegedly impairing the sale of the building to the original contract purchaser, we successfully negotiated a court-approved settlement of the lawsuits that resulted in the assignment of the tenants association’s TOPA rights to another developer in return for a significant payment to our client.
Our attorneys range in experience from a minimum of 15 years to more than 35 years. From the very basic to the most sophisticated of business transactions, our clients receive the benefit of a veteran legal advisor who is not only capable of handling the technical aspects of the transaction, but who can be counted upon for sound business advice and judgment as well. We make it a point to know and truly understand the client’s business, because our experience tells us that knowledge adds more value to the client relationship.
Limited Liability Companies
Serving as general and special outside counsel to corporations, limited and general partnerships, joint ventures and limited liability companies, we assist our clients with compliance issues and requirements, as well as provide seasoned legal and business advice honed over decades of experience in a variety of industries. Simply put, we understand our clients and the critical value that matters most to them.
Each attorney in our real estate group is a start-to-finish resource for any real estate transaction, from the most mundane to the most sophisticated. Our team’s combined experience and skill enables us to handle all types of real estate matters, including...
Construction Litigation
In the global power and energy sector, Shapiro, Lifschitz & Schram has positioned itself as a leader in representing clients in construction disputes and transactions.
Real Estate Transactions
Property Damage
Represented AT&T, Royal Bank of Canada, and Cantor-Fitzgerald as lead counsel in multi-hundred million dollar property damage and business interruption claims arising from the attack on the Twin Towers. Claims raised several insurance coverage issues of first impression ( e.g., the scope of business interruption coverage that arises from terrorist activities affecting an entire community), and were resolved through favorable settlements without need for significant litigation proceedings.