Hahn Loeser successfully represented Antaramian Properties, LLC, wiping out a counterclaim for $32 million and validating Antaramian Properties as owners and holders of a valid and enforceable note and first mortgage lien on Naples Bay Resort. On February 11, a U.S. Bankruptcy Court Judge agreed with the Antaramian Properties/Hahn Loeser lawsuit (Antaramian Properties, LLC vs. Basil Street Partners, LLC, et al., U.S. Bankruptcy Court, Middle District of Florida, Ft. Myers, Case No. 9:11-bk-19510-FMD).
Theodore L. Tripp, Jr. (lead counsel) and Kevin P. Fularczyk headed up the trial team to enforce a $60 million note and mortgage against Basil Street Partners, an entity in which Antaramian is a minority interest holder in Naples Bay Resort, a $100 million resort, condo-hotel, marina and commercial space in Naples, FL. Earlier, Hahn Loeser had successfully petitioned the court on behalf of Antaramian Properties regarding the appointment of a receiver over the Resort.