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Megan Costa  DeVault
Megan Costa  DeVault
Partner 
420 South Orange Avenue
Suite 1200
Orlando, FL 32801
 
Tel:
407.419.8426
Fax:
407.843.6610
 
 

Megan DeVault has a diverse litigation practice focusing on complex commercial and business litigation. She has extensive experience prosecuting and defending cases in both federal and state courts as well as first-chair trial and arbitration experience, as well as jury trial experience. Megan's litigation background includes representation of Fortune 500 and publicly traded companies in sophisticated business transactions ranging from contractual disputes to intellectual property litigation. Megan has also represented financial institutions in state-wide, large-scale complex commercial loan workout and lender liability litigation, where she has coordinated litigation matters throughout Florida involving assets and liabilities exceeding $100 million.
 
Representative Experience
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Representation of developer in defense of claims against purchasers seeking to rescind their purchase contracts. Sullivan v. Fl Land Partners, LLC, Case No. 5d12-2839 (Fla. 5th DCA, Oct. 1, 2013)
 
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Representation of client in a matter involving the reversal of trial court order due to violation of procedural due process. Winthrop v. Castellano, Case No. 5D12-4759 (Fla. 5th DCA, April 17, 2013)
 
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Representation of client in emergency matter involving the disqualification of opposing law firm which obtained client's confidential, attorney-client communications from opposing party. Castellano v. Winthrop, 2010 WL 322177 (Fla. 5th DCA)
 
 
Financial Institution and Foreclosure Litigation
 
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Representation of financial institution in dispute over alleged fraudulent alteration of loan documents and improper defeasance of securitized loan.
 
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Representation of financial institutions in state-wide, large-scale, complex commercial loan workouts, foreclosures, and lender liability litigation.
 
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Coordination of litigation throughout Florida for numerous financial institution clients involving assets and liabilities exceeding $100 million, collectively.
 
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Representation of special servicers in multi-million dollar CMBS foreclosures.
 
 
Commercial and Fiduciary Litigation
 
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Representation of large consortium of international clients to protect, maintain, and preserve investment assets in the United States valued at more than $12 million.
 
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Representation of limited liability company and manager member in multi-million dollar dispute involving claims of misappropriation, breach of fiduciary duty and other business torts.
 
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Representation of majority member of limited liability company in judicial dissolution action involving misappropriation of company assets, civil theft and conversion.
 
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Representation of corporate fiduciaries involving disputes concerning mismanagement of trust assets.
 
 
Real Estate Litigation
 
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Representation of residential home builder sued by a group of disgruntled purchasers seeking to enforce various contracts containing terms detrimental to builder.
 
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Representation of national homebuilders in arbitrations involving contractual disputes with subcontractors and involving claims brought by purchasers for damages due to alleged faulty construction.
 
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Representation of national homebuilder in prosecution of claims against engineer for violations of the Florida Unfair and Deceptive Trade Practices Act and fraud.
 
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Representation of builders, developers and investors in connection with due diligence activities related to the purchase of distressed assets or loan documents directly from financial institutions. Representation includes counseling clients during the acquisition and assignment of defaulted loan documents, together with the subsequent prosecution of any foreclosure action needed to obtain clear title to the real property collateral.
 
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Representation of landlords in issues involving eviction, holdover tenancy, restrictive lease covenants, property maintenance and repair, abandonment of property, removal of fixtures and personalty, and CAM charges.
 
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Representation of national builders and developers in complex litigation involving disputes with Homeowners and Condo Associations relating to turnover of association control to owners and underlying maintenance and construction defects alleged to have occurred prior to turnover.
 
Awards & Recognition
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The Best Lawyers in America 2012-2014, Listed in Florida for Litigation - Banking & Finance
 
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Super Lawyers Magazine 2013-2014, Listed in Florida for Business Litigation and General Litigation
 
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Orlando Business Journal 2013, Recognized as one of the "Women to Watch" in Orlando
 
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Super Lawyers Magazine 2010-2012, Listed in Florida as a "Rising Star" for Business Litigation and General Litigation
 
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United Negro College Fund, Champion of Education Award, 2012
 
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Florida Trend's Legal Elite 2011, Listed as an "Up and Comer" for Commercial Litigation
 
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Orlando Business Journal 2010, "Women Who Mean Business," Up and Comer, Finalist
 
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Orlando Business Journal 2009, Recognized as the "40 Under 40," Outstanding Female of the Year
 
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Orlando Business Journal 2007, "Women Who Mean Business," Nominee
 
Published Works & Lectures
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Guide to Doing Business in Flordia, Co-Author, "The Foreclosure Process," September 2013
 
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Guide to Doing Business in Florida, Co-Author, "The Foreclosure Process," August 2011
 
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Lorman Education Services, Lecturer, Mortgage and Receivership in Florida, July 2010
 
Professional Memberships & Activities
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United Negro College Fund, Advisory Board, Member, 2009-Present; Scholarship Committee, Chair, 2010-Present
 
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Central Florida Inns of Court, Barrister Member, 2009-2010
 
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Leadership Orlando, Class 79, Graduate
 
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Orlando Science Center, Community Council, Member, 2008-Present
 
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Orlando Health Foundation, Women's Advisory Council, Member, 2010-Present
 
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Habitat for Humanity, Orlando, Board Member
 
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The Florida Bar, Trial Lawyers Section, Member
 
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Orange County Bar Association, Member
 
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11th Circuit Court of Appeals, Historical Society, Member
 
Related Professional Experience
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Judicial Intern to the Honorable Mary S. Scriven, U.S. District Court, Middle District of Florida
 

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Megan Costa  DeVault

Practice
Litigation
Education
J.D., Stetson University College of Law, 2001; cum laude
M.B.A., Stetson University, 2001
B.A., University of Florida, 1998; with honors
Bar Admissions
Florida
 
 
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