New York, NY Morrison Cohen LLP has launched its new Valuation Disputes Practice Group, which will focus on real estate valuation disputes, particularly “rent reset” arbitrations.
Chaired by Brett Dockwell, the valuation disputes practice group brings together attorneys from the firm’s real estate and business litigation departments who have negotiated, arbitrated and litigated valuation disputes involving all types of commercial real estate, including land, retail space, office space, hotels and multi-family residential buildings.
“Real estate valuation disputes are a highly specialized area of practice in which Morrison Cohen attorneys have extensive experience,” Morrison Cohen managing partner David Scherl said. “The Valuation Disputes Practice Group is perfectly suited to our business model, which focuses on providing sophisticated advice from senior attorneys, at rational billing rates.”
Morrison Cohen’s attorneys have strong ties in the appraisal community, enabling them to provide practical and sophisticated guidance on rent renewals for ground leases and space leases, use- and occupancy disputes, IRS tax appeals, business dissolutions and other valuation-related matters.
“This new group will help solidify the firm as a market leader in this specialized area of practice at a time when surging property values have led to an increasing number of disputes between landlords and tenants of significant commercial leases,” said Mary Flynn, co-chair of business litigation and deputy managing partner - operations.
Morrison Cohen LLP has grown to become one of New York’s leading full-service mid-size commercial law firms. For the third consecutive year, the firm has been named to The National Law Journal’s Midsize Hot List. Morrison Cohen offers deep experience and senior-level attorney attention at rational billing rates. The firm principally serves the middle market, providing a full array of highly sophisticated corporate, capital markets, business litigation, real estate, bankruptcy and reorganization, compensation, benefits and employment, and other commercial, transactional, and individual client legal services.