How They Won It

Hogan Lovells Helps Bank Recover On Hotel Loan After Irma

Law360 (September 11, 2018, 10:32 PM EDT) -- Employing an unusual and aggressive litigation strategy, Hogan Lovells recently helped U.S. Century Bank secure a full recovery after the bank expressed concern that one of its largest loans was in jeopardy due to a lack of compliance by the owners of a hotel severely damaged during Hurricane Irma.

Just ahead of the first anniversary of the massive storm that plowed through South Florida, lawyers in the firm's Miami office on Aug. 30 settled a foreclosure suit by the local bank, obtaining full repayment of the nearly $7 million remaining on the mortgage for a Ramada Hotel near Miami International Airport...

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