Mitchell D. Haddad is a Member of Sills Cummis & Gross, P.C. and Co-Chair of the Firm’s New York Real Estate Litigation Department. His practice focuses on complex real estate and commercial litigation, creditors’ rights, workouts and corporate litigation. He is a seasoned and experienced trial lawyer, and has argued appeals and participated in arbitrations and mediations on a wide variety of matters. He works with clients and the Firm’s Real Estate Department on transactions to provide advice and to resolve issues and disputes prior to and as a means to resolve potential litigation. In more than thirty years of practice, he has won judgments, recovered assets, and obtained favorable settlements and financial relief on behalf of his clients in excess of $750,000,000.
Some of his notable representations include defending an action seeking specific performance of a long-term lease for the development and operation of a midtown Manhattan hotel or, alternatively, $100 million in damages. He obtained and collected upon a $25 million deficiency judgment following a 12-day hearing. He obtained a $95 million judgment and a $45 million judgment in favor of two separate lenders, and defended a developer in an action to foreclose upon a $17 million second mortgage encumbering an entire city block in Brooklyn, New York. Mr. Haddad obtained summary judgment dismissing claims seeking $25 million in damages for breach of contract and fraud arising out of an oral joint venture agreement to develop real property.
Prior to joining Sills Cummis & Gross, Mr. Haddad spent thirteen years at Weil Gotshal & Manges LLP, where, among other major matters, he successfully led teams of attorneys foreclosing upon a portfolio of commercial mortgages on behalf of a leading international lender, and repossessing a jumbo jet in Miami, Florida leased by an international airline. He coordinated and supervised outside counsel in successfully liquidating more than twenty recycling facilities in nine states pursuant to an assignment for the benefit of creditors on behalf of a secured creditor. He represented a major international corporation in arbitration to determine the fair annual market rental value for the last five years of a multi-floor lease term, in which the arbitrator determined that the value was $20 million less than the landlord had sought. Mr. Haddad succeeded at both the trial and appellate levels in a case in which the plaintiff sought – and was denied – various easements to a private park and a private street in lower Manhattan.
He successfully represented a consortium of institutional lenders in prosecuting the foreclosure of membership interests in a limited liability company that owned and operated a power generating facility in Connecticut.
Mr. Haddad has been selected for inclusion in the 2012-2017 editions of New York Metro Super Lawyers published by Thompson Reuters under Real Estate and Business Litigation.