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Joseph P. Ferrucci (1964-2009)
W. Mark Russo
John A. Dorsey
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From New England Real Estate Journal: Preserving assets through non-liquidating court-supervised proceedings
Court-supervised receivership and special master proceedings are designed to seek the Court's intervention to exercise its powers over assets in order to preserve and protect the value of those...
From Woonsocket Call: City Wants to Level River Street
Borrowing a strategy that other communities have used to restore abandoned, blighted real estate to the tax rolls, the city has petitioned into receivership the owners of the defunct factory complex...
From Newport Daily News: Planning Board Approves Final Plan for Twin River-Tiverton Casino
The final plan for Twin River-Tiverton casino and hotel was approved by the Planning Board on Wednesday night, paving the way for a building permit to be issued for the project at William S. Canning...
From New England Real Estate Journal: Real estate transactions involving underground storage tanks can be complicated but successful
The purchase and sale of real estate involving underground storage tanks ("UST") can create complications in reaching a successful sale transaction. Understanding the applicable local and state laws...
From South Coast Today:Tiverton, Fall River residents take tour of Twin River casino site
By Michael Holtzman, The Herald News TIVERTON — Near the intersection of Stafford Road and William S. Canning Boulevard, where Twin River-Tiverton LLC plans to build an 80,000-square-foot casino, at...
From Herald News: Tiverton casino on 'fast track' following DEM ruling
The plans by Twin River to build a casino and hotel on 45 acres off of William S. Canning Boulevard represents an "insignificant alteration" to the wetlands on the property, the Rhode Island...
From New England Real Estate Journal: Rehabilitating Blighted Residential Properties Through Court-Supervised Receivership
Rehabilitating blighted, residential properties presents a number of complex issues. Currently, there are several strategies emerging to reposition these properties through court-supervised...
Firm Assists Development Project Secure Over $2M in Rebuild RI Tax Credits & Sales Tax Incentives
The firm was recently involved in assisting the developer of the Lippitt Mill in securing up to $2.1 million from the State’s Rebuild Rhode Island tax-credit program and up to $230,691 in sales tax...
TIVERTON CASINO - Potential changes needed to include casino
From Newport Daily News --Twin River attorney Mark Russo told the Planning Board the company wanted to address the comprehensive plan amendment now, which would include a detailed description of the...
Rumford's East Pointe may finally get new investors
From The Providence Journal EAST PROVIDENCE, R.I. — After years of litigation, 9 acres in the Phillipsdale section of Rumford may get new owners who plan to build 144 apartments on the property, ...
Firm Assists Development Projects Prepare Applications Resulting in $280K in Brownfields Remediation Grants
The firm was recently involved in assisting two distressed properties receive $280,000 in grants from the newly-created Brownfields Remediation and Economic Development Fund. The grants are part of...
John Dorsey Named Partner
The law firm of Ferrucci Russo is proud to announce that John Dorsey has been named a partner in the firm. John serves as counsel to court-appointed receivers in the Rhode Island Superior Court...
Guest Article in PBN: Receiver Can Unlock Value
Mark Russo's guest column for Providence Business News. With economic development and job creation closely tied to land development, Rhode Island saw a number of real estate development projects...
Twin River Hotel Moves Forward
From The Valley Breeze: LINCOLN - Despite some public opposition, the Town Council unanimously voted to approve an application for a comprehensive plan amendment and zone change application...
PBN: Q and A with John Dorsey
John Dorsey, an attorney at Ferrucci Russo, was recently named a court-appointed receiver by the R.I. Superior Court. Dorsey has a wealth of experience in cases involving insolvency, turn-around and...
John Dorsey Named to Court-Appointed Receiver Panel
Congratulations to firm attorney John Dorsey who was recently named to the R.I. Superior Court panel of Court-appointed receivers. John joined the firm in 2010 and has gained a breadth of experience...
Westerly Hospital Receivership Donates $1M Back to Hospital
From the Providence Journal -- WESTERLY, R.I. -- Westerly Hospital is getting something of a bonus as it reaches the formal conclusion of its receivership: The community hospital will receive $1...
Lippitt Mill Complex Sold
Ferrucci Russo closed the sale of Lippitt Mill to JSA Equities of New York on February 27th. The property will be converted into a 94-unit residential development. In order to reach a closing, ...
East Providence Ramps Up Effort to Sell, Develop Waterfont Site
From the Providence Journal: EAST PROVIDENCE — A big chunk of underutilized East Providence waterfront will get a formal push onto the market in the coming weeks as the result of negotiations...
John Dorsey Named to Quonset Board
Congratulations to Ferrucci Russo attorney John Dorsey who joined the Board of Directors for Quonset Development Corporation where he serves on the finance and compensation committees. He was...
Mark Russo Authors Article in PBN on Westerly Hospital Receivership
In December 2014, Mark Russo authored a guest article in Providence Business News entitled: “Westerly Hospital Shows Bankruptcy Not Only Option.” It marked three years since December of 2011 when...
Ferrucci Russo Affiliates for Healthcare Services with National Law Firm
Mark Russo, founder and principal of the Providence-based law firm Ferrucci Russo P.C., announced the firm’s of-counsel affiliation with the 300-attorney Healthcare Law practice of McElroy, Deutsch, ...
Ferrucci Russo Receives OK To Develop Lippitt Mill
Last month, the West Warwick Town Council members approved a consent order giving permission to convert the historic Lippitt Mill to residential apartments. After a competitive bid process, the bid...
Sale of the Westerly Hospital lauded by national trade group
"Superior Court Associate Justice Brian P. Stern appointed Providence-based attorney Mark Russo as special master to run the hospital during the receivership and to seek bids for its acquisition. ...
Hospital deal overseen by Superior Court wins award from business network
"The Merger & Acquisition Advisor, based in New York City, announced last week that the hospital’s acquisition in 2013 by Lawrence & Memorial Hospital of New London, Conn., would receive its annual...
Westerly Hospital restructuring receives national recognition
"The Westerly Hospital filed for receivership in December 2011 after struggling to pay its creditors and employees. Superior Court Associate Justice Brian P. Stern appointed attorney W. Mark Russo as...