Avra Jain sues ex-attorneys for $15M over failed development deal

Developer and partners claim the law firm made an amateur mistake in defending them against a former business associate

TRD MIAMI /
Dec.December 01, 2017 03:00 PM

Avra Jain (Credit: Dragon Global)

Developer Avra Jain wants $15 million in damages from her former lawyers over a failed real estate deal in Doral.

Jain filed a malpractice and breach of fiduciary duty lawsuit against Buchanan Ingersoll & Rooney and shareholder Richard A. Morgan Nov. 20 in Miami-Dade County Circuit Court, records show.

Jain, whose projects include the Vagabond Hotel and the Bayside Motor Inn on Biscayne Boulevard, is alleging her former attorneys made an amateur mistake in defending her against a former business associate, Abraham Cohen, the Daily Business Review reported.

In 2009, Cohen sued Jain, investor Paul Cashman Murphy and H-H Investments LLC, alleging he was owed more than $4 million for a planned luxury condo project likely near Trump National Doral Miami. He claimed Jain, Murphy and their investment group broke their contract when they stopped making payments for his take in the company that planned to develop the property.

Jain and the other defendants responded, claiming Cohen lied about the project to get them to invest, and then deceived them into buying him out of the development. They filed a counterclaim for fraud and misrepresentation. A key part of the counterclaim is that Jain alleges Cohen tore up the promissory note once she confronted him about it.

But her attorneys failed to ensure that Cohen’s attorneys had the original note. Without the note, Cohen wouldn’t be able to enforce the guaranty.

In January, Miami-Dade Circuit judge entered an $8.2 million final judgment in favor of Cohen. Jain is looking to hold her former counsel responsible for the judgment, expenses and damages, according to the Daily Business Review. [DBR]Katherine Kallergis


Related Articles

arrow_forward_ios
Three Hundred Collins

Three Hundred Collins allegedly marred by cheap materials, unpaid contractors and duped investors: lawsuit

Three Hundred Collins allegedly marred by cheap materials, unpaid contractors and duped investors: lawsuit
From left: 1900 Collins Avenue (Top), 229 19th Street, 1925 Liberty Avenue and 227 19th Street (Credit: Google Maps)

Contractor alleges unpaid work at Lennox Miami Beach hotel, amid legal battle between father-in-law and son-in-law

Contractor alleges unpaid work at Lennox Miami Beach hotel, amid legal battle between father-in-law and son-in-law
WeWork Lincoln Road with Sandeep Mathrani (Google Maps, WeWork)

WeWork’s Lincoln Road landlord seeks $20M in unpaid rent

WeWork’s Lincoln Road landlord seeks $20M in unpaid rent
Nine Island Avenue (Google Maps)

Construction firm alleges Venetian Islands condo association skipped out on $720K

Construction firm alleges Venetian Islands condo association skipped out on $720K
5350 Park with Armando Codina and Ana-Marie Codina

Codina Partners affiliate allegedly owes $3.6M for Downtown Doral condo construction: lawsuit

Codina Partners affiliate allegedly owes $3.6M for Downtown Doral condo construction: lawsuit
Rendering of an interior living room and kitchen in a home at the Neovita gated community in Doral

Alta launches sales of second phase of Doral development

Alta launches sales of second phase of Doral development
Lennar's Stuart Miller

Homestead homeowners association sues Lennar, alleges shoddy construction

Homestead homeowners association sues Lennar, alleges shoddy construction
Stephen Ross and a rendering of Rosemary Square (Getty, Related)

Security firm sues Related Cos. affiliate, alleging unpaid services at Rosemary Square

Security firm sues Related Cos. affiliate, alleging unpaid services at Rosemary Square
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...