CHASEN CAPITAL ADVISORS
Eden Roc – Miami Beach – Mr. Simon served as lead partner for the ownership group in the asessement of the legal case from a business standpoint, and litigation assistance, and mediation support in a multi-million dollar lawsuit involving Marriott International Corporation. Major engagement tasks included analysis of the acquisition, detailed review of the new development and operations of the hotel under Marriott’s management, and determination of legal strategies, supporting documentation and expert opinion in the mediation and litigation.
Atlantis Resort, the Bahamas – As one of the senior team members, Mr. Simon and the team represented several of the mezzanine debt holders in an action against the senior debt holders of this multi-billion dollar resort located in the Bahamas. Mr. Simon led all aspects of determination of the asset's current as well as long term values. The mezzanine debt holders prevailed in litigation against the senior lender in the restructuring of the capital stack.
SLS Las Vegas/Starwood Capital Group - In the spring of 2017, Mr. Simon worked with Starwood Capital Group on its evaluation and bid for the senior tranche of secured debt of this iconic Las Vegas resort.