Miami Partners Featured as Dealmakers in Daily Business Review
Arnstein & Lehr LLP partners Ronald Fieldstone and Phillip Hudson III were included in a Daily Business Review article, "Attorneys Recast Retail Deal After Sports Authority Bankruptcy." They were featured as dealmakers tied to the $33 million sale of a retail center in Delray Beach, Florida.
According to Mr. Hudson, who facilitated negotiations between the buyer and seller, “The deal was complicated by the fact that Sports Authority had filed for bankruptcy right before the closing.” Mr. Fieldstone explained that when big-box retailers go under, it hurts the marketability of shopping centers.
The article was also posted on Law.com.