Pursley Friese Torgrimson Helps Businesses Obtain $11.2M in Judgments, Collections and Settlements

Charles N. Pursley Jr. Included in the 20th Edition (2014) of The Best Lawyers® in America for Eminent Domain and Condemnation Law; Louis J. Papera Joins Real Estate Transactions Practice
 
ATLANTA - Dec. 17, 2013 - PRLog -- Pursley Friese Torgrimson, the Atlanta-based law firm that represents commercial real estate and business clients (http://pftlegal.com/whypft/representative-clients/) in transactions and litigation, today announced that the firm recently helped various local and national businesses realize more than $11 million in judgments, collections and settlements. In other firm news, Partner Charles N. Pursley has been included in the 20th edition (2014) of The Best Lawyers in America for eminent domain and condemnation law; and Commercial Real Estate Attorney Louis J. Papera has joined the firm’s real estate transactions team.

The women-owned, women-managed firm advocates on behalf of businesses and property owners (http://pftlegal.com/about-2/), corporate real estate executives (http://pftlegal.com/about-2/), real property investors (http://pftlegal.com/about-2/) and brokers (http://pftlegal.com/about-2/), landlords, tenants (http://pftlegal.com/about-2/), franchisors/franchisees (http://pftlegal.com/about-2/), property managers and brokers (http://pftlegal.com/about-2/) as well as financial lending institutions (http://pftlegal.com/about-2/). In the second half of 2013, the firm completed for its clients the following judgments, collections and settlements:

Private Property Condemned for Governmental Use
Partners Charles Pursley Jr. and Christian Torgrimson represent private property owners when their property is condemned for governmental use. Torgrimson secured compensation for damages to an easement owned by a telecommunications tower in a condemnation action in which no money was offered to the tower owner. Torgrimson also recently settled a condemnation case involving the taking and damaging of three separate commercial parcels for two-and-a-half times the original offer.

Pursley, who has been included among The Best Lawyers in America for eminent domain and condemnation law (2014), recently settled a condemnation case involving the partial taking of a vacant commercial property for five times higher (500 percent more) than the original offer. He also settled a condemnation case involving the taking of sewer easements through vacant commercial property for more than double the condemnor’s last offer.

Workouts/Recoveries with Financial Lending Institutions
The real estate transactions team, lead by Partner Stephanie Friese, works with lending institutions of all sizes that require representation related to closings and acquisitions as well as workouts and foreclosures. Stephanie Friese, Attorney Jim Friese and Attorney Christine Norstadt recently won a $3.8M summary judgment against a borrower under a promissory note.

Stephanie Friese, Jim Friese, Norstadt and Attorney Angela Robinson won a judgment for more than $3.4M against three defendants for four separate promissory notes.

Norstadt won a judgment in excess of $550K in the U.S. District Court, Northern District of Georgia against a borrower under a promissory note.

Also, Stephanie Friese and Attorney Monica Owens recently collected a $1.6M post-judgment for a receiver against a borrower under a promissory note.

Injuries Related to Leased Premises
Owens, who was named this month to the board of directors for the National Black Arts Festival, works with a variety of businesses including landlords and tenants. She won a full dismissal of all claims against a landlord client in personal injury lawsuits involving the leased premises.

Real Estate Purchases/Transactions
Pursley Friese Torgrimson works closely with real estate developers and investors to maximize return on investment through fair market value in matters of property acquisition, land use and purchase. A regional real estate investor worked with Norstadt to purchase two multi-million dollar apartment complexes with more than 600 units.

In other firm news, Commercial Real Estate Attorney Louis J. Papera recently joined the real estate transactions team at Pursley Friese Torgrimson. Papera brings nearly 14 years of commercial real estate transactions experience to the firm and has negotiated leases ranging from small suburban properties to one of the largest skyscrapers in Atlanta. He helps business clients effectively negotiate and close legal transactions related to commercial leasing, construction and development of commercial properties, property sales and purchases and other commercial real estate transactions. Previously, he was a partner with Scoggins & Goodman, P.C., in Atlanta. View his complete profile at http://pftlegal.com/ourteam/louis-j-papera/. He can be reached at lpapera@pftlegal.com or 404-665-1234.

Pursley Friese Torgrimson advocates for businesses of all sizes on real estate matters in Atlanta and nationwide, whether business challenges are transactional or involve litigation. Contact a member of the firm to discuss your real estate business challenges at 404-876-4880.

About Pursley Friese Torgrimson LLP
Legal excellence is one of the reasons why businesses and real property owners choose Pursley Friese Torgrimson. Pursley Friese Torgrimson applies strategic insight to achieve meaningful results for businesses and the real estate community in the United States. The firm’s business-oriented approach is practical and fiscally responsible in resolving challenges that are transactional or involve litigation at trial or alternative dispute resolution.

The women-owned, women-managed firm advocates on behalf of businesses and property owners (http://pftlegal.com/about-2/), corporate real estate executives (http://pftlegal.com/about-2/), real property investors (http://pftlegal.com/about-2/) and brokers (http://pftlegal.com/about-2/), landlords (http://pftlegal.com/about-2/), tenants (http://pftlegal.com/about-2/), franchisors/franchisees (http://pftlegal.com/about-2/), property managers and brokers (http://pftlegal.com/about-2/) as well as financial lending institutions (http://pftlegal.com/about-2/).

U.S. News & World Report ranks Pursley Friese Torgrimson among the nation’s Best Law Firms for 2014; the peer-review publication Best Lawyers® ranks the firm’s attorneys among the nation’s Best Lawyers in America; and the firm is recognized as one of Atlanta’s “Best and Brightest Companies to Work For” according to the National Association for Business Resources, which identifies and honors organizations that demonstrate a commitment to excellence in their human resource practices and employee enrichment. Contact Pursley Friese Torgrimson at 404-876-4880 or info@pftlegal.com. More information is available at http://www.pftlegal.com

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Tags:Business Law, Real Estate Law, Eminent Domain Law, Commercial Property, Property Owners
Industry:Legal, Real Estate
Location:Atlanta - Georgia - United States
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