Bankruptcy/Restructuring

Meland Budwick is nationally recognized for representing an array of clients in complex, large-scale bankruptcy and business reorganization matters. The firm represents trustees, debtors, creditor committees, and creditors in cases under Chapters 7 and 11.

Work highlights:

• Represented first position secured creditor Cirrus Real Estate Funding, LLC, in the Chapter 11 bankruptcy case of BH Downtown Miami, LLC, pending in Miami. Advised Cirrus on all Chapter 11 matters in this case, including defending Cirrus in a heavily contested adversary proceeding brought against it by BH Downtown, as well as BH Downtown Miami’s sale efforts and representing Cirrus in its credit bidding acquisition (sale closed in Q1 2026). The land owned by BH Downtown Miami is one of the few last developable parcels of waterfront property in downtown Miami (the land is valued at over $100m).
• Represented $11m plus secured judgment creditor in the Chapter 11 jointly administered bankruptcy cases of Tzadik Properties. Successfully defended against the debtors’ threats of potential avoidance actions, and ultimately obtained very favorable plan treatment for the client which will result in full payment of the client’s claim.
• Represented Integra Realty, LLC, as the $20.5m stalking horse bidder in the Heron Pond Condominium Association receivership case. The firm advised Integra in all aspects of the transaction.