Appellate Practice Chair Patrick M. Fahey won a significant victory in Connecticut Appellate Court for a large community bank. The bank was in a long-standing dispute with a borrower seeking to avoid foreclosure on undeveloped property that was given as security for a substantial loan. The Appellate Court’s decision upholds the lower court’s judgment after a trial that title to the property should be transferred to the bank and clears the way for our client to pursue the debt on which the borrower defaulted.
Shipman & Goodwin opens an office at 400 Park Avenue in Manhattan. “Our new office strategically solidifies our goal of expanding our presence in the nation’s largest city,” explains Managing Partner Alan E. Lieberman. “This new office will enhance the firm’s existing work for clients in the areas of bankruptcy, finance, litigation, mergers and acquisitions, real estate, tax and trusts and estates.”
Represented HighCape Partners in connection with the formation and financing of Aziyo Biologics, Inc., a regenerative medicine company, and the acquisition of Tissue Banks International’s musculoskeletal tissue division. Aziyo develops and delivers customized tissue products for use in orthopedic, spinal, sports medicine and dermal applications.