|Andrew Milia testified as a key witness on behalf of the State of Michigan’s Attorney General’s office in the case State of Michigan vs. Chesapeake Energy. The litigation resulted in a victory by the State of Michigan in its criminal complaint against Chesapeake Energy against fraudulent leasing practices in Northern Michigan Oil and Gas leases in 2010. “This is a victory for Michigan taxpayers and a victory for all the Michigan land-owners who took deep hits to their pocketbooks following the October 2010 private land auction,” Attorney General Schuette said in a statement. “This settlement will achieve recovery for every one of the more than 700 affected victims who come forward and make a valid claim.”
|BMI Group, an affiliate of Franklin Property Corporation, completed the sale of the phase 2 homesites in the Bellemeade subdivision in Washtenaw County, Michigan to Allen Edwin Homes, one of the State of Michigan’s largest homebuilding companies. Developed by Franklin Property Corporation, Bellemeade is a 142 lot single family home community on an 80 acre site. Located directly across from the Lincoln Consolidated School campus, Bellemeade was developed as the first PUD development in Augusta Township and featured vast common areas and incorporation of best practices bio-swale retention storm water management systems designed in conjunction with the Washtenaw County Drain Commission.
The Jaffe Law firm retained Andrew Milia as an expert witness to testify in the arbitration case BGT vs Three Oaks Property Fund as the plaintiff’s expert in a real estate fraud case involving numerous multi-million dollar real estate investments in the Michigan market. The plaintiffs and its legal team were successful in the case and awarded damages against the defendant.
Andrew Milia was retained as an expert witness by two prominent Michigan Law firms, Morganroth and Morganroth and Sullivan Ward for a bankruptcy case in the Eastern District of Michigan, United States Bankruptcy Court. The legal team, representing the defendant in the case, was victorious in the verdict. The expert witness assignment included the research, analysis and federal court testimony of a partnership real estate dispute involving multiple development projects totaling hundreds of millions of dollars in real estate value.
Franklin Property Corporation sold its phase 2 lots in Lyon Ridge subdivision to Hunter Pasteur Homes, a leading home building company based in Farmington Hills, MI. Developed by Franklin Property Corporation in 2005 and 2006, Lyon Ridge is one of the leading luxury home subdivisions in the South Lyon community featuring estate size lots, protected wetland and natural feature areas, and premier location across from Lyon High School. Hunter Pasteur is an active builder in the Novi, Van Buren, and Clarkston markets.
Franklin Natural Resources and Franklin Northern Land Company, affiliates of Franklin Property Corporation, leased 400 acres of its northern Michigan land holdings in Emmet and Charlevoix Counties to Chesapeake Energy Company for oil and gas exploration. Chesapeake Energy, a public oil and gas exploration company based in Oklahoma, has substantially increased its land lease holdings in Northern Michigan in competition with other international energy companies vying for land in the market.