León Cosgrove

León Cosgrove wins in Florida Supreme Court for French Government Agency

By: León Cosgrove

León Cosgrove won a favorable ruling from the Florida Supreme Court in favor of Firm client CDR Creances, a French government instrumentality, in its high-profile fraud case against former developers Maurice and Leon Cohen.

CDR’s Florida trial team consisted of the former United States Attorney for the Southern District of Florida, Marcos D. Jimenez, and León Cosgrove attorney Scott B. Cosgrove. They achieved the recovery of six valuable Miami real estate properties worth at least $85 million from the Cohens after they absconded with the proceeds of a loan made by a failed French bank. The trial court issued final judgment awarding the properties to CDR in January 2011 after striking the Cohens’ pleadings due to their perjury, subornation of perjury and obstruction of justice during the litigation. The Cohens, currently serving 10 years in federal prison for tax fraud, sought to reverse the trial court’s order.

The Florida Supreme Court’s decision clears the path for CDR to sell the Miami properties, including the valuable development site at 330 Biscayne Boulevard in downtown Miami, the “Whitehall” mansion on “Millionaire’s Row” in Miami Beach, a showcase luxury condominium on exclusive Fisher Island, and the Maclee Quarters Building in South Beach.

In addition to Scott B. Cosgrove from León Cosgrove, CDR was represented on appeal by Marcos D. Jimenez of McDermott Will & Emery, LLP, and Lauri Ross, of Ross and Girten.