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Kasowitz Benson Torres LLP

1633 BROADWAY, NEW YORK, NY 10019, USA
Tel:
Work +1 212 506 1700
Fax:
Fax +1 212 506 1800
Email:
Web:
www.kasowitz.com

United States

Real estate
Real estate - ranked: tier 3

Kasowitz Benson Torres LLP

At Kasowitz Benson Torres LLP, the ‘efficient and productive’ team ‘applies keen business instincts and an exacting knowledge of the law to every matter’ and is praised for being ‘smart and effective’. The real estate practice is best known for its financing, leasing and joint venture development work, and has advised on a range of projects in the residential, office, retail and mixed-use sectors. The Related Companies and Oxford Properties are two key clients, and the firm recently acted for ERY Developer, a joint venture between the two companies, on the leasing of a multi-level shopping center at Hudson Yards in New York. In another highlight, the group represented New Valley and The Witkoff Group in their $1bn joint venture for the acquisition and financing of Times Square Gateway Center, a proposed mixed-use retail, entertainment, hotel and signage project. The team is split primarily between Miami and New York; practice head Wallace Schwartz is based in New York along with commercial leasing expert Adam Endick, transactional lawyer Douglas Heitner and ‘rising star’ Julia Sanabria. In Miami, Albert Delgado is a key figure, as is Manuel Fernandez, who is ‘adept at digesting disparate facts to arrive at sound, well-reasoned conclusions’.

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United States: Dispute resolution

Corporate investigations and white-collar criminal defense
Corporate investigations and white-collar criminal defense: advice to corporates - ranked: tier 5

Kasowitz Benson Torres LLP

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

Kasowitz Benson Torres LLP

Kasowitz Benson Torres LLP focuses primarily on government, internal and independent investigations and white-collar criminal defense matters. The ‘excellentDaniel Fetterman in New York and Lyn Agre in San Francisco jointly lead the practice. The team is currently defending the Venezuelan businessman, Abraham Shiera, in connection with the client’s indictment on corruption, wire fraud and money laundering charges amounting to $1bn. Well respected within the industry, Marc Kasowitz was appointed as counsel to President Donald Trump in connection with special counsel Robert Mueller’s investigation until July 2017. On the corporate side, the firm represented MF Global Holdings, as plan administrator, in a major accounting malpractice trial against PwC, which concluded in a successful settlement. Ann St. Peter-Griffith In Miami and Edward McNally in New York are also key litigators.

Leading lawyers

Marc Kasowitz - Kasowitz Benson Torres LLP

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General commercial disputes
General commercial disputes - ranked: tier 3

Kasowitz Benson Torres LLP

With a strong focus on high-stakes litigation, Kasowitz Benson Torres LLP is a ‘top-notch firm’ and is particularly well regarded for its private equity disputes practice. New York is home to many of the firm’s attorneys, though it also has accomplished litigators in San Francisco, Houston and elsewhere. In a dispute that has received considerable press attention, Mark Ressler is representing the State of Hawaii in a software implementation lawsuit filed against Ciber. In another closely watched case, ‘effective leaderMarc Kasowitz is defending AMC in an action concerning contingent compensation for The Walking Dead series. ‘Trusted adviser’ Paul O’Connor III has a ‘very international practice, which gives him an unusually good ability to see the different angles to a case’. Jennifer Recine and Michael Bowe are ‘stellar lawyers’, each possessing ‘extraordinary insight, thoroughness and fantastic oral advocacy’.

Next generation lawyers

Jennifer Recine - Kasowitz Benson Torres LLP

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Leading trial lawyers

Marc Kasowitz - Kasowitz Benson Torres LLP Marc Kasowitz’s year was marked by obtaining a favorable judgment and settlement for Trump University in a claim challenging its business practices, brought by the New York Attorney General. Kasowitz is defending the AMC television network against a claim made by producer Frank Darabont, alleging unpaid contingent compensation for the television series The Walking Dead. TPG Capital and Vandelay Ventures are also clients.

Leading trial lawyers

Marc Kasowitz - Kasowitz Benson Torres LLP

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Securities litigation: plaintiff
Securities litigation: plaintiff - ranked: tier 2

Kasowitz Benson Torres LLP

Kasowitz Benson Torres LLP is ‘capable of handling nuanced and complex cases’. One client describes the firm as having ‘a track record that is second to none in mortgage-backed securities cases’. Name partner Marc Kasowitz is a highly regarded trial lawyer and Sheron Korpus has more than 25 years’ experience in national and cross-border securities disputes. Michael Hanin is also an accomplished securities litigator who regularly represents investment funds and has a strong track record acting for hedge funds in cases arising from complex financial products. Securities fraud specialist Stephen Tountas is recommended for opt-out cases. Following favorable decisions for CDO investor Loreley Financing in RMBS cases, Korpus last year settled two further matters against Citigroup and Morgan Stanley. Hanin and newly promoted Uri Itkin represented investors in RMBS trusts in the negotiation of a more favorable settlement from the Lehman Bankruptcy Estates for breaches of representations and warranties.

Leading lawyers

Sheron Korpus - Kasowitz Benson Torres LLP

Next generation lawyers

Uri Itkin - Kasowitz Benson Torres LLP

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United States: Finance

Restructuring (including bankruptcy): corporate
Restructuring (including bankruptcy): corporate - ranked: tier 3

Kasowitz Benson Torres LLP

Kasowitz Benson Torres LLP’s restructuring team is recognized for its bankruptcy litigation expertise and continues to represent financial institutions in high-profile restructuring proceedings. Recent highlights include acting for J. Crew Group in litigation related to its Chapter 11 restructuring, which included a claim against Wilmington Savings Fund, as agent for a $1.5bn term loan facility, for a declaration from the court that transactions made by J. Crew Group were permissable under the term loan agreement, preventing the fund from disrupting the debtors overall restructuring. In the Commonwealth of Puerto Rico’s debt crisis, the firm acted for funds managed by Whitebox Advisors in claims for alleged breach of duties against the Bank of New York Mellon as indenture trustee for COFINA noteholders. In significant creditor-side mandates, the firm was engaged by an ad hoc group of SunEdison second lien lenders and the official committee of unsecured creditors of Essar Steel Minnesota in the companies’ respective Chapter 11 cases. In addition, David Rosner is leading the representation of private equity firm TPG Capital in the high-profile bankruptcy proceedings of its portfolio company Caesars Entertainment Operating Company, which also involves multiple state and federal court actions. Rosner heads the practice following the departure of David Friedman to take on the role of US Ambassador to Israel. Daniel Fliman joined Stroock & Stroock & Lavan LLP.

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United States: Industry focus

Insurance: advice to policyholders
Leading lawyers

Jerold Oshinsky - Kasowitz Benson Torres LLP

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United States: Intellectual property

Patent litigation: full coverage
Patent litigation: full coverage - ranked: tier 6

Kasowitz Benson Torres LLP

Kasowitz Benson Torres LLP’s home turf are the technology, electronics and pharmaceutical sectors. Practice head Jonathan Waldrop and Darcy Jones, both based in Silicon Valley, recently secured a motion to transfer venue for defendant Google in litigation against Ryujin Fujinomaki before the District Court of the Eastern District of Texas and the team also successfully obtained a rare writ of mandamus from the Federal Circuit for Google in litigation against plaintiff Eolas Technologies. LG, ASUS and Mallinckrodt Pharmaceuticals also engaged the team with high-stakes patent suits. Other clients include Sony Electronics, Verizon and June Life. Silicon Valley’s Marcus Barber made partner.

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