The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Hughes Hubbard & Reed LLP

350 SOUTH GRAND AVENUE, LOS ANGELES, CALIFORNIA 90071-3442, USA
Tel:
Work +1 213 613 2800
Fax:
Fax +1 213 613 2950
Web:
www.hugheshubbard.com
Kansas City, Los Angeles, Miami, New York, Paris, Tokyo and 1 more

United States: Antitrust

Cartel
Cartel - ranked: tier 4

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP's Robert Bell recently cleared two individual executives of charges in a criminal DOJ investigation and continues to represent them in an investigation led by a foreign competition authority. Marc Weinstein is based in New York and is acting for clients in the financial and media sectors. Practice head William Kolasky is also a key name to note and is currently part of the team defending a generic pharmaceutical company in a DOJ investigation into allegations of a price-fixing conspiracy. Named attorneys are based in Washington DC apart where otherwise indicated.

[back to top]

Merger control
Merger control - ranked: tier 5

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP's antitrust team recently represented the Sinclair Group in its ultimately abandoned merger with Tribune Media, under the supervision of practice head William Kolasky. Other highlights included securing clearance for significant mergers in the travel management and mining sectors. Also notable are Robert Bell and associate Kristin Millay, who are based in Washington DC along with Kolasky.

[back to top]

United States: Dispute resolution

Corporate investigations and white-collar criminal defense
Corporate investigations and white-collar criminal defense: advice to individuals - ranked: tier 2

Hughes Hubbard & Reed LLP

'A pleasure to work with', the lawyers at Hughes Hubbard & Reed LLP have a real focus on representing financial services industry clients in both criminal and regulatory matters. According to one client, the team's 'strength in depth is remarkable and its ability to soak a case with talented resource is a standout feature'. The group is jointly led from New York by Edward Little (who 'engenders huge confidence in his clients and is trusted and feared by opponents') and 'creative-thinker' Marc Weinstein, whom clients praise as 'a strong courtroom advocate'. In one highlight, the duo represented former JP Morgan junior banker Julien Grout in connection with criminal and civil charges arising out of the London Whale scandal; a case that was dismissed by the DOJ and SEC. Weinstein is also representing Juan Angel Napout, former president of the South American Football Confederation and vice president of Fifa, in the sentencing phase of criminal proceedings in federal court in New York, and in an appeal at the US Court of Appeals for the Second Circuit, arising from charges of bribery. Another key figure in the Washington DC office is John Wood. Further, the DC office was recently bolstered by the arrivals of Ryan Fayhee from Baker McKenzie LLP and Laura Perkins from the DOJ.

[back to top]

International arbitration
International arbitration - ranked: tier 2

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP is 'at the top of its legal game'. Jointly led by Washington DC-based John Townsend and 'great legal mind' James H. Boykin, the team is especially active in investor-state arbitration and is involved in five arbitrations against the Russian Federation under the Russia-Ukraine BIT, pertaining to the loss of investment by Ukrainian investors that occurred during the Crimea annexation of 2014. Townsend also represented the Government of Hungary in an $800m ICSID arbitration commenced by Engie under the Energy Charter Treaty. Key contacts in New York include John Fellas, an 'instinctive advocate', the 'exceptional' Hagit M. Elul and Steven Hammond, who heads the treaty arbitration team. Stephen Rabinowitz left the firm for Dechert LLP.

Leading lawyers

John Fellas - Hughes Hubbard & Reed LLP

John Townsend - Hughes Hubbard & Reed LLP

[back to top]

International trade
International trade - ranked: tier 2

Hughes Hubbard & Reed LLP

Led by the 'highly strategic' Joanne Osendarp, the eight-partner Washington DC-based team at Hughes Hubbard & Reed LLP is particularly adept at handling international trade litigation for large corporates (HBO Latin America, LafargeHolcim), sovereign governments (the governments of Indonesia and Canada), and trade associations (Vietnam Association of Seafood Exporters and Producers). Osendarp 'has a breathtaking understanding of the law and politics of trade remedies'. This has manifested itself most notably in her continued representation of the Canadian government in the softwood lumber dispute with the US, and a countervailing duty matter regarding supercalendered paper; notably, the firm persuaded the WTO that the US Department of Commerce (DOC) had acted inconsistently with the subsidies and countervailing measures agreement in its countervailing duty determination on supercalendered paper from Canada. Praised for his 'ability to handle complex and difficult trade remedy investigations and litigation', Matthew Nicely worked alongside Osendarp in the supercalendered paper matter and also achieved significant market recognition as a result of his recent work for the Solar Energy Industries Association in the solar safeguards investigation before the ITC. In addition to his general anti-dumping and countervailing duty work, Dean Pinkert also regularly assists clients with other types of ITC matters. The departure in April 2018 of Amanda DeBusk and Melissa Duffy to Dechert LLP impacted the team's export controls and sanctions capability, although this was offset somewhat by the arrival in May 2018 of former DOJ National Security Division Official Ryan Fayhee from Baker McKenzie LLP.

Leading lawyers

Joanne E. Osendarp - Hughes Hubbard & Reed LLP

[back to top]

Product liability, mass tort and class actions: pharmaceuticals and medical devices - defense
Product liability, mass tort and class actions: pharmaceuticals and medical devices - defense - ranked: tier 2

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP¬†has ‚Äėa¬†unique level of expertise in product liability litigation around the world‚Äô, and regularly assists prominent pharmaceutical and medical manufacturing companies with product liability and mass tort litigation as well as class actions. James Fitzpatrick, Robb Patryk¬†and Diane Lifton¬†jointly head the practice, which also includes Ted Mayer, William Beausoleil¬†and the ‚Äėindefatigable‚Äô Charles Cohen. Recent highlights include representing the Belgian pharmaceutical manufacturer UCB in opioid-related litigation alleging that manufacturers and distributors contributed to the current epidemic of overuse of opioid medications. Further, the team is defending the New York Blood Center against wrongful death and personal injury claims relating to blood transfusions. Fara Tabatabai¬†was made partner in January 2019. All named partners are based in New York.

[back to top]

Securities litigation - defense
Securities litigation - defense - ranked: tier 4

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP has been a prominent player in securities litigation for more than 40 years and has a reputation for defending public and private companies, registered securities broker-dealers, investors, directors and officers, underwriters and other professionals. It has a deep knowledge of the accounting sector and has handled enforcement, litigation and/or investigations for all of the Big Four. William Maguire and Edward Little in New York and Washington DC-based Kevin Abikoff lead the practice. Among the partners recommended in New York are Sarah Cave, who defended the audit committee chair of a publicly traded fintech company against putative federal securities class action claims; and Neil Oxford, who assisted Maguire with the defense of a Lehman Brothers Inc trustee. In DC, William Stein represented the Federal Deposit Insurance Corporation in matters arising out of bank failures in the credit crisis.

[back to top]

United States: Finance

Restructuring (including bankruptcy): corporate
Restructuring (including bankruptcy): corporate - ranked: tier 4

Hughes Hubbard & Reed LLP

The ‚Äėstrong and extremely hardworking lawyers‚Äô of Hughes Hubbard & Reed LLP¬†provide ‚Äėcreative solutions to problems‚Äô and ‚Äėa broad range of expertise‚Äô. The ‚Äėone-stop shop‚Äô is experienced in Chapter 11 debtor-side work, particularly in the shipping sector, and can also draw on its ‚Äėstrong bench‚Äô in contentious matters. The ‚Äėstandout‚Äô Christopher Kiplok¬†leads the team from New York, which includes Kathryn Coleman, who ‚Äėis capable of driving a transaction agreement and inspires the confidence of senior management‚Äô. The firm represented CST Industries in its Chapter 11 proceedings, facilitating the sale of the company as a going concern, which right sized the balance sheet and resulted in substantial payouts to creditors while preserving 1,000 jobs; following a multi-day contested sale hearing, the company was sold to Solace Capital Partners. In another highlight, the department acted for Republic Airways Holdings in its restructuring and eventual emergence from bankruptcy protection;¬†the Chapter 11 plan was approved in April 2018¬†after a victory against creditor ALF VI, which challenged the substantive consolidation provisions in the client‚Äôs plan of reorganization.¬†Other key clients include Patriot National, Banco do Brasil and Eagle-Picher Trust.

[back to top]

United States: Industry focus

Transport: aviation and air travel - finance
Transport: aviation and air travel - finance - ranked: tier 2

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP is active across a range of aviation deals, including securities offerings, M&A, workouts and bankruptcies, and inter-airline mandates. Steven Chung in Washington DC, who jointly heads the team with John Hoyns, advised Air Lease Corporation, as the seller and servicer, on an asset-backed securitization for Thunderbolt II Aircraft Lease and Thunderbolt II APS, to be serviced by Air Lease Corporation; he also advised Citigroup Global Markets, as lead structuring agent and joint lead bookrunner, on a $911.3m asset-backed securitization for Castlelake Aircraft Structured Trust 2018-1, to be serviced by Castlelake. Hyons represented United Airlines in a $225.7m public offering of Class B certificates, part of its Series 2018-1 enhanced equipment trust certificates. Mark Denham in Miami, Andrew Fowler, Terry Sanders and counsel Jason Kaplan are also recommended. Additionally, the team was further strengthened by arrival of Jonathan Goldstein from Pillsbury Winthrop Shaw Pittman, LLP. Named lawyers are based in New York unless otherwise stated.

Leading lawyers

Steven Chung - Hughes Hubbard & Reed LLP

[back to top]

United States: Intellectual property

Patents: litigation (full coverage)
Patents: litigation (full coverage) - ranked: tier 6

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP is well known for its ability to obtain seminal Supreme Court judgments. The New York-based team successfully defended Automated Packaging Systems against claims brought by Free-Flow Packaging International regarding a patent covering the apparatus used to inflate packaging cushions -- one of the client's key patents. Another highlight was representing Costco in litigation against plaintiff Bosch, involving 18 patents covering windshield wipers. SNF Holding, L&R USA and Citizens Equity First Credit Union are also clients. James W. Dabney heads the practice. Stephen Rabinowitz left for Dechert LLP.

[back to top]

United States: M&A/corporate and commercial

M&A: middle-market ($500m-999m)
M&A: middle-market ($500m-999m) - ranked: tier 3

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP 'delivers fabulous client service and responsiveness and has a strong team for middle-market M&A'. It acts in the full range of M&A deals, including auction bids, going-private matters, hostile takeover bids,  joint ventures and LBOs; other areas of strength are minority investments, open-market purchase programs, defensive planning measures, proxy fights, restructurings, spin-offs and stock acquisitions. The firm's deputy chair Kenneth Lefkowitz, who is 'commercially minded and efficient', led advice to Singapore-based Grab, a technology company offering ride-hailing transport services, in its acquisition of Uber's Southeast Asia business. The co-M&A practice chairs are James Modlin, who has advised on transactions involving the specialty chemicals, life sciences and media sector and 'has great understanding of how to complete a transaction', and Avner Bengera, who focuses on public and private M&A, joint ventures and private equity deals involving US and non-US companies. Modlin acted for Chiltern International, a specialty global contract research organization, in its sale to global life sciences company LabCorp; and Bengera assisted the corporate governance and conflicts committee of TerraForm Power (TP)’s board of directors with the sale of a majority stake in renewable energy company TP to global alternative asset manager Brookfield Asset Management. Charles Samuelson and Michael Traube  are also highly rated; Lefkowitz, Samuelson and Traube 'will run through a wall for their clients'. David Schwartz left for Orrick, Herrington & Sutcliffe LLP’s New York office. All the above-listed partners are in New York.

Leading lawyers

Kenneth Lefkowitz - Hughes Hubbard & Reed LLP

Next Generation Partners

Michael Traube - Hughes Hubbard & Reed LLP

[back to top]

United States: Media, technology and telecoms

Media and entertainment: transactional
Media and entertainment: transactional - ranked: tier 4

Hughes Hubbard & Reed LLP

Attracting praise for its 'unflinching commitment to addressing client needs', Hughes Hubbard & Reed LLP’s media, technology and commercial transactions practice has experience handling matters throughout the television, film, gaming, music and social media sectors. Matthew Syrkin, who 'goes out of his way to support his clients', chairs the media, technology and commercial transactions group. Other recommended lawyers include deputy head of the firm Kenneth Lefkowitz, and 'dedicated' associate Dena Smith, who brings 'great value' to transactions. In recent work highlights, the group advised John Varvatos Enterprises in connection with a multifaceted creative collaboration and sponsorship arrangement with singer Nick Jonas; assisted Bumble in launching the professional networking platform Bumble Bizz; and acted for Madison Square Garden Company in its acquisition of live entertainment technology and production company Obscura Digital.

[back to top]

United States: Tax

International tax
International tax - ranked: tier 4

Hughes Hubbard & Reed LLP

Andrew Braiterman is the key contact at Hughes Hubbard & Reed LLP in New York. He is acting for Air Lease Corporation as the seller and servicer in connection with an asset-backed securitization for Thunderbolt II Aircraft Lease Limited and Thunderbolt II APS Limited, to be serviced by Air Lease Corporation, valued at $555m. He is also advising Citigroup Global Markets Inc as lead structuring agent and joint lead bookrunner in connection with a $911m asset-backed securitization for Castlelake Aircraft Structured Trust 2018-1. Aviation is a notable industry focus for the team. Jerry Harrison, Alan Kravitz  and Erin DeCecchis are also names to note.

Leading lawyers

Andrew Braiterman - Hughes Hubbard & Reed LLP

[back to top]

US taxes: non-contentious
US taxes: non-contentious - ranked: tier 5

Hughes Hubbard & Reed LLP

Based in New York, Hughes Hubbard & Reed LLP is known for its expertise in securitization and capital market transactions, particularly in equipment and aviation finance. Key partner Andrew H. Braiterman acted for Citigroup Global Markets, as lead structuring agent and joint lead bookrunner, in connection with a $911.3m asset-backed securitization for Castlelake Aircraft Structured Trust. Braiterman also advised Air Lease Corporation, as seller, on an asset-backed securitization for Thunderbolt II Aircraft Lease Limited and Thunderbolt II APS. Further, the team advised UK retailer JD Sports on its acquisition of Finish Line.

[back to top]


Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Communiqu√© on Equity Crowdfunding Is Officially Published

    By way of background, in January 2019, the Capital Markets Board (‚Äú CMB ‚ÄĚ) had issued an announcement on its website on the Draft Communiqu√© on Equity Crowdfunding [1] . The CMB has now officially published the Communiqu√© on Crowdfunding No. III-35/A (‚Äú Communiqu√© ‚ÄĚ), on October 3, 2019. The Communiqu√© entered into force as of October 3, 2019.
  • Beneficial Ownership Concept new interpretation from the Russian federal tax service

    The recent interpretative letter issued by the Russian Federal Tax Services (‚ÄúFTS‚ÄĚ) on 08th August 2019, has provided further guidance as to the application of the Beneficial Ownership Concept, further to the letter initially provided on the 12th of April 2018 which adopted a strict approach of the concept.¬†
  • Cyprus and Netherlands Double Tax Treaty Update

    Cyprus has concluded the negotiations for the avoidance of double taxation with the Netherlands. The double tax treaty was agreed at technocratic level in Hague. It is expected to be signed by the end of 2019 or early in 2020.
  • Vacancy - Senior Corporate Lawyer

    The Senior Corporate Lawyer, who will be reporting to Partners, will be working with both the firm’s legal team as well as the financial services team. The successful candidate will be requested to show initiative, take on certain responsibilities within the firm, work in a multinational environment and will immediately be given the opportunity to further advance their career within the law firm.
  • CJEU RULED ON THE APPLICATION OF THE BENEFICIAL OWNERSHIP CONCEPT

    The judgment of the Court of Justice of the European Union (CJEU) on February 26, 2019, in the ‚ÄúDanish Beneficial Ownership Cases‚ÄĚ, can be perceived as a landmark on the interpretation of the Beneficial Ownership concept under the Interest and Royalties Directive (IRD) and the Parent-Subsidiary Directive (PSD).
  • Court of Justice rules on source of income for Derivative Residence applications

    On 2 October 2019, the Court of Justice delivered its judgment in Bajratari v Secretary of State for the Home Department (Directive 2004/38/EC) Case C-93/18 which concerns Chen applications and the source of funds for self-sufficiency. 
  • End of the ‚Äėcentre of life test‚Äô in Surinder Singh cases?

    In the recent case of¬† ZA (Reg 9. EEA Regs; abuse of rights) Afghanistan ¬† [2019] UKUT 281 (IAC ), the Upper Tribunal found that there is no basis in EU law for the centre of life test, as set out in Regulation 9(3)(a) of the Immigration (European Economic Area) Regulations 2016 (the ‚ÄúRegulations‚ÄĚ). It further found that it is not to be applied when Judges assess ¬†Surinder Singh ¬†cases that appear before them.
  • ITALIAN RULES ON JOINT VENTURES IN PUBLIC PROCUREMENT AND CONCESSIONS

    Italian rules on jointventures concerning public procurement and concession contracts are set out inlight of the European legal framework provided for in Directive 2014/23/EU and 2014/24/EU of the European Parliament and of the Council. The European rules aim to ensurethe best use of public money so that EU citizens benefit from strategicinvestments and services at fair prices. In this context, public procurementand concessions represent key instruments that need to be regulated and standardisedin order to ensure free movement of goods, freedom of establishment and freedomto provide services.
  • Terms of employment as a sole representative

    In this article we examine the working arrangements of sole representatives, looking at the terms and conditions of employment that the Home Office will expect a sole representative to have in order to qualify as a representative of an overseas business.  
  • Can Sole Representatives Be Shareholders?

    The Immigration Rules require that an applicant for a¬† sole representative visa ¬†is not ‚Äúa¬† majority shareholder in the overseas business‚ÄĚ.