Admitted to the Bar:
Rhode Island, 1989
U.S. District Court, District of Rhode Island, 1991
U.S. District Court, District of Massachusetts, 1991
U.S. Court of Appeals, First Circuit, 1993
U.S. District Court for the Western District of Texas, 1993
United States Court of Appeals, 2002
United States Court of Federal Claims, 2002
United States Court of Appeals, District of Columbia, 2006
Celebrating over 18 years since the firm’s founding, Mark Russo has three decades of experience representing clients in complex litigation matters. Today, many of those matters are litigated before the Rhode Island Superior Court Business Calendar.
An aggressive and tireless representative of his clients in complex litigation and project development matters that span business, real estate, energy and healthcare, Mark Russo is known for resolving often contentious disputes with an even-handed approach that translates into value for all stakeholders.
RECENT LITIGATION HIGHLIGHTS
• Restructuring over $6M in mechanics’ liens on the South Street Landing Project which is designed to serve as an anchor development within the City of Providence’s Knowledge District.
• Representation of the minority interest in a family-owned, real estate holding company where, after a full trial, Mark was able to ensure a successful buy-out of the minority interest.
• Successful pursuit of a multi-million dollar property tax challenge involving Twin River Casino which resulted in a stabilization agreement that saved the client approximately $5M and is a benefit to the host community.
RECEIVERSHIPS AND SPECIAL MASTERSHIPS
As a Superior Court-appointed receiver and special master, Mark has been involved in several cases that have changed that practice. He is often appointed to market and sell distressed real estate projects where he has worked closely with various municipalities to secure tax increment financing, tax stabilization/exemption, permitting and other approvals which translate into value for all stakeholders.
As a receiver and special master, Mark has been successful in restructuring and selling entities, such as the Westerly Hospital, a 30-member physician practice, and nursing homes, as well as sand-and-gravel and concrete operations, construction companies, restaurants, golf courses and several other types of business. The restructuring of the Westerly Hospital through a mastership process gained national recognition.
Mark has also represented stakeholders in receivership/mastership proceedings, including the purchase of the Southern New England Regional Cancer Center from the Landmark Hospital mastership. He represented the buyer in a unique proceeding in which the assets of an offshore powerboat racing manufacturer were purchased through a mastership with an asset purchasing agreement in place, pre-petition.
Mark understands the compelling factors to bring development projects to fruition including tax strategies, impact fees, host community agreements, public-private partnerships, joint venture agreements, and development agreements.
In the area of project development, Mark served as lead counsel to Twin River-Tiverton LLC in its successful effort to open the Tiverton Casino Hotel. He has assisted in securing critical water sources for a 1,000 MW/$1B energy facility in Burrillville, Rhode Island. He has also been involved in a number of major projects from the Masonic Temple redevelopment in Providence to the waterfront in East Providence to the Resource Recovery Industrial Park in Johnston to the Twin River Casino in Lincoln to the expansion of a major manufacturer in Quonset Point.
Mark is a graduate of the University of Rhode Island (B.A. 1984) and Catholic University of America (J.D. 1988).