The Real Deal Miami

Real estate bust should yield litigation boom

July 31, 2009 01:38PM

The real estate market collapse has spawned a crop of lawsuits, and it will keep growing. Abbey Kaplan, a partner in Kluger Kaplan Silverman Katzen & Levine in Miami, said he’s been traveling north in pursuit of payment in a long-running suit by Florida developer Downtown Associates against New Jersey investor Eli Weinstein and his related companies. Michael Joblove, a partner with Genovese Joblove & Battista in Miami, who is not involved in the litigation, predicts more
attorneys will be heading out of Florida in pursuit of the assets of out-of-state investors who flocked to South Florida during the boom years. [GlobeSt]