Quantum Law Group represented a family with a loan portfolio exceeding $30 million, secured by more than $100 million in real estate assets, in a dispute with a regional bank.
The firm alleged that the bank declared pretextual defaults despite no monetary default, with the objective of increasing the value of the loan and facilitating its sale. According to the complaint, the loan was transferred to a third party that moved to foreclose on the underlying assets.
The litigation focused on the financial impact of the forced refinancing and the broader consequences of the bank’s actions on the client’s portfolio.
The matter was resolved shortly before trial through a confidential settlement.
“This was an incredibly difficult situation for our family, both financially and personally. Quantum stayed with us every step of the way, fought for us when it mattered, and helped us reach a resolution we are very happy with.”