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Scott K. Lites

Partner

  • Licensed Since: 1986
  • Joined Firm: 2001
38505 Woodward Ave.
Suite 100
Bloomfield Hills, MI 48304
TEL: (248) 901-4074
FAX: (248) 901-4040
Areas of Practice
Honors & Awards
  • Top Lawyer in Real Estate Law, dbusiness Magazine, 2014
Education
  • University of Detroit School of Law, J.D., 1985
  • University of Michigan, B.G.S., 1982
Bar & Court Admissions
  • Michigan, 1986

A partner in Plunkett Cooney's Transaction Law Practice Group, Scott K. Lites has over 30 years of experience representing clients in their acquisition, financing, investment, development and disposition activities.

Mr. Lites serves as a member of Plunkett Cooney's Board of Directors, as chairman of the firm's Finance Committee, and is a member of the University of Detroit Mercy School of Law Alumni Association Board of Directors.

Representative Client Work

  • Special counsel for Michigan-based publicly owned company in obtaining $100,000,000 syndicated loan
  • Special counsel for international global provider of IT solutions and services in its $100,000,000 acquisition of stock in a national IT and web products and services provider for hospitals and healthcare systems
  • Special counsel for international global provider of IT solutions and services in obtaining $85,000,000 line of credit
  • Special counsel for Michigan-based public employee pension system on various matters, including:
    • Issuance of $25,000,000 letter of credit, including negotiation of fee structure, reimbursement agreement and other credit documents
    • Prosecution of breach of fiduciary claims against promoter
    • Conducting due diligence on possible alternative investments under Public Act 314
    • Review of various existing real estate investment and their disposition
  • Special counsel for Michigan-based national demolition contractor on various matters, including:
    • Acquisition, demolition, redevelopment and disposition of three former General Motors plants
    • Acquisition, demolition, redevelopment and disposition of real estate formerly used as paper mill
  • Special counsel for Michigan-based publishing company in acquiring multi platform products from various national entities
  • Special counsel for privately owned auto supplier in obtaining $19,000,000 line of credit
  • Special counsel for developer in land acquisition and development of 300-unit condominium project in northern Florida
  • Special counsel for charter school in acquisition of college campus facility
  • Special counsel for charter school in $13,500,000 bond issuance

Professional Appointment

  • Allen Park Receivership Transition Advisory Board (RTAB)

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