Represented an international duty free company in negotiating the sale of a 44% interest to a subsidiary of a publicly traded company as borrower's counsel in connection with multiple credit facilities including, without limitation, for a purchase price of $105 million.
Represented clients, a global steel manufacturer, distributor and trading company, in its effort to close on a syndicated revolving credit facility of $150 million.
Represented a local developer in the acquisition and financing of nearly $200 million in multi-family commercial real estate.
Represented hotel developer in the acquisition and construction loan financing for a hotel in Miami Beach, Florida.
Represented various clients in several multi-million dollar private securities offerings under Regulation D.
Represented hotel developer in the refinance of existing debt for various hotel properties including properties in Maryland and in Florida ($29 million dollar refinance).
Represented the world’s largest in-flight duty free concessionaire in the negotiation of concessions with some of the largest domestic and foreign airlines including, without limitation, Virgin Airways, Singapore Airlines and Air Canada.
Represented foreign insured in his recovery of millions of dollars of damages in a precedent setting lawsuit brought to enforce a policy of health insurance.
Represented a foreign bankrupt company in its claim to a multi-million dollar escrow fund against the claims of admitted creditors and other claimants through a series of litigation and arbitration matters simultaneously pending in Circuit Court for Miami-Dade County, the United States Bankruptcy Court for the Southern District of Florida, the International Division of the American Arbitration Association and liquidation proceedings in Barranquia, Colombia.
Successfully argued an appeal before the Third District Court of Appeals that now stands as the leading precedent on the application of Florida’s intangible tax to personal guaranties.
J. Joseph Givner successfully defended Timeshares Direct and avoided issuance of a temporary injunction in a trade secrets lawsuit filed by Wyndham Vacation Resorts. On summary judgment, Givner also defeated most of Wyndham's claims including, without limitation, a claim seeking $240 million in damages from violation of Section 721.121, Fla. Stat. in a case of first impression.
Corpac Steel Products Secures $150 Million Credit Facility for Global Expansion
Joseph Givner successfully represented Corpac Steel Products, Corp., a global steel manufacturer, distributer and trading company, in its effort to close on a newly syndicated revolving credit facility of $150 million. The facility will be primarily used to fund the company’s global operations and growth.
The facility, led by Bank of America Merrill Lynch, is also provided by BankUnited, HSBC, Mercantile Commerce Bank and Societe Generale. McGuire Woods LLP, based in Charlotte, North Carolina, represented the lenders. The transaction began in April 2011 and closed at the end of May 2011.
Firm Secures Favorable Verdict in Partnership Dispute
Joseph Givner successfully represented one of the founders of Ultimate Home Care, Inc., a home health care provider in South Florida, in a shareholder dispute involving claims for breach of contract, conversion, civil theft, fraud and rescission. After a five day non-jury trial, the Trial Court ruled in favor of Givner’s client and entered judgments granting rescission of the initial founder’s agreement as well as monetary damages on her claims for civil theft and conversion.