Scott Drablos's practice focuses on legal and tax issues related to business and investment activities of both companies and individuals. In particular, he has a great deal of experience in representing clients in structuring and negotiating complex joint venture transactions. Scott often assists clients with entity formation and operations, complicated partnership agreements and limited liability company agreements, real estate transactions, tax planning (domestic and international), acquisitions, mergers, financing arrangements, restructurings and dispositions. Scott is also recognized by Chambers USA in Tax, 2011-2014, Best Lawyers in America in Real Estate Law, 2014, and as a Texas Super Lawyer, Business/Corporate, Tax, Real Estate, 2011. Scott is AV® Peer Review Rated Preeminent by Martindale-Hubbell® Law Directory.
Scott has represented clients in the following:
- Purchase and sale of a controlling interest in the Dallas Mavericks basketball team
- The development, construction, and financing of the $435,000,000 American Airlines Center, the multi-purpose sports and entertainment facility located in Dallas, Texas
- The acquisition and development of the Victory project, a master-planned, mixed-use development surrounding the American Airlines Center
- Purchase and sale of various operating companies
- Sale of portfolio of 41 industrial, office, and retail properties in Tarrant and Denton Counties in Texas
- Formation of a joint venture in Abu Dhabi to acquire and develop real estate
- Formation of partnerships to acquire and develop numerous real estate projects, including:
- Large portfolio of properties located in Texas, California and Pennsylvania
- Large portfolio of properties and development rights in Texas, California and Mississippi
- 785-acre industrial project in Charleston, South Carolina
- 385-acre industrial project in Lehigh and Lebanon Counties, Pennsylvania
- High profile multi-use real estate project in and around San Francisco, California
- Purchase of assets in an Article 9 private foreclosure
- Sale of a portfolio of seven industrial properties located in California, Mississippi, Florida, Georgia and Texas
- Formation of an investment fund with a U.S. company owned by foreign investors to invest in U.S. real estate interests
- Formation of three investment funds to provide mezzanine financing
- Development of numerous medical office buildings and an ambulatory surgical center
- Formation of numerous partnerships, limited partnerships, and limited liability companies with third parties across the country to acquire various properties and companies
Selected Representative Experience
BOH Park Highlands Nevada Litigation
Represented BOH Park Highland, an affiliate of Hillwood Investment Property Services, in connection with the Chapter 11 bankruptcy cases filed by November 2005 Land Investors LLC, and two affiliates in the U.S. Bankruptcy Court for the District of Nevada. Nov 2005 filed bankruptcy in July 2011 due to its inability to service $170 million of secured debt. Our client, BOH, is the ultimate owner of November 2005. In December 2011, Nov 2005 sold substantially all of its assets, including approximately 1,340 acres of land in a master-planned real estate development in North Las Vegas known as Park Highlands, to a third party for $21 million.
Purchase and Sale by Kinder
Represented an affiliate of The Thompson Company in the sale of assets to Kinder Morgan Treating LP.
Hillwood Investments Real Estate Development at Peninsula Papagayo in Guanacaste, Costa Rica
Advising Hillwood Investments in connection with the purchase of a concession for a luxury condominium project located at Peninsula Papagayo in Guanacaste, Costa Rica.
Development of Multi-Use Community
Development, financing, partnership, and leasing of Victory Park, a new 75-acre office, hotel, retail and residential community in downtown Dallas, adjacent to the American Airlines Center.
04/06/2009 - Public-Private Investment Program
On March 23, 2009 the Treasury Department, in conjunction with the Federal Deposit Insurance Corporation (“FDIC”) and the Board of Governors of the Federal Reserve System (the “Federal Reserve”), announced the creation of the Public-Private Investment Program (“PPIP”), which is designed to provide public support to catalyze the purchase and sale of legacy assets through Public-Private Investment Funds (“PPIF”).