Matthew D. Parrott is a member of both the Real Estate Department and the Litigation Department, and co-head of the Real Estate Litigation Practice. The firm's Real Estate Department has consistently been recognized as the preeminent transactional real estate practice in the United States, representing leading industry participants in the development and reshaping of New York City's skyline and those of other major cities around the world.
As co-head of the Real Estate Litigation Practice, Mr. Parrott regularly represents the firm's clients in connection with some of the most high-profile and complex real estate and real estate finance-related litigation matters arising in the industry. During the course of his career, Mr. Parrott has acted as lead counsel in cases involving billions of dollars in secured finance transactions, including disputes regarding Uniform Commercial Code (UCC) foreclosures, intercreditor disputes, lender liability claims, mezzanine loans and guaranty enforcement. These matters have involved some of the largest construction project foreclosures in New York City history, including the Trump SoHo Hotel, One Madison Park, 47 East 34th Street and 855 Avenue of the Americas. In addition, Mr. Parrott has extensive experience handling matters involving partnership disputes, breach of contract claims, commercial leasing disputes, construction projects, Ponzi schemes, RICO, corporate merger and acquisition transactions, and fraudulent transfer claims. Mr. Parrott's clients routinely seek out his advice in a general counsel capacity with respect to day-to-day litigation matters impacting their businesses and transactions.
In recognition of his extensive experience, Mr. Parrott has repeatedly been appointed to act as a receiver by federal and state courts in matters involving liquidations of corporate entities, administration of insolvent businesses, real property foreclosures and the management and operation of commercial properties. He is also an experienced arbitrator and has previously presided over arbitration matters involving complex securities and contract disputes.
Mr. Parrott is actively involved in real estate industry current affairs and is regularly asked to write and speak on industry topics. Most recently, he participated in PLI Institute's panel titled “Issues in Commercial Real Estate Finance – The Litigator's Point of View.” In June 2019, the New York Law Journal announced that the firm's Real Estate Litigation Practice had been named the 2019 Litigation Department of the Year – Real Estate.
Prior to joining Fried Frank, Mr. Parrott was partner and head of the real estate litigation practice in the New York office of an international law firm.