KEL Attorneys buys Dynetech Centre signage rights- Orlando Business Journal

Kaufman, Englett and Lynd, a law firm known as KEL, moved into the 15th floor of the Dynetech Centre and purchased the signage rights to the downtown Orlando building.

The firm moved its 125 employees into the 21,000 square foot space formerly occupied by Dynetech Corp. Feb. 8, said Matt Harrison, spokesman for the firm. It has a three-year lease with an option to expand its offices to the 14th floor. He declined to disclose the cost of the lease and signage rights. The broker was Lincoln Property Co.

KEL moved downtown to increase its visibility and be closer to the courthouse, he said. The firm’s former offices were 12,000 square feet at 151 Wymore Road in Altamonte Springs.

Dynetech Corp.’s parent company, Telligenix Corp., said Feb. 5 that it will file a bankruptcy reorganization plan within two weeks, revealing how the firm plans to save itself. The firm’s bankruptcy filing listed more than $50 million in debts on assets of $1 million to $10 million.

Telligenix filed for bankruptcy protection Oct. 8, as it struggled with millions of dollars in unpaid bills and a restraining order that froze access to its assets.

Since then, the motivational seminar business moved from the office tower that bears its name to offices on Lucien Way in Maitland where it now employs 22 people. The company employed 550 workers in 2007.”

-Melanie Stawicki Azam, Orlando Business Journal, February 9th, 2010

Blog DirectoryLoaded Web - Global Blog & Business Directory | BlogCatalog