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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

Marc E. Kasowitz

Tel:
Work (212) 506-1710
Email:
Kasowitz Benson Torres LLP

Work Department

Partner

Position

Antitrust Litigation; Banking and Capital Markets Litigation; Commercial Litigation; Complex Financial Products Litigation; Environmental Litigation; Insurance Recovery; International Disputes and Cross Border Litigation; Investigations and White Collar Defense; Mass Tort, Toxic Tort and Product Liability Litigation; Plaintiffs' Litigation; Real Estate and Hotel Litigation; Securities Litigation; State Attorneys General Practice

Career

Described by CNBC as the "toughest lawyer on Wall Street" and by Bloomberg Financial News as an "uberlitigator," Marc E. Kasowitz is widely regarded as one of the preeminent trial lawyers in the country. He has been profiled by The American Lawyer in an article entitled "Heavy Hitter" and in the cover story "Fast Rise to the Top." Marc has been recognized by Benchmark Litigation as one of the country's top 100 trial lawyers. He has been honored as a "Litigation Trailblazer" by the National Law Journal and was designated a "Securities MVP" by Law360, which noted that he "has made a career out of beating big banks." Marc has also been recognized as one of the nation’s top litigators by publications including Chambers USA ("widely respected as an 'extremely talented litigator,'" praised by clients for "his 'tremendous trial experience,'"); Lawdragon 500 ("the cream of the crop"); Benchmark ("a unique, zealous, and exceptionally skilled advocate" "his guidance is extremely reliable and he is very client-focused and big picture-oriented"); The Legal 500 ("excellent across the board," "superbly talented lawyer," and "very much at the center" of the current spate of mortgage-backed securities litigation) and The Best Lawyers in America©. Opponents cited by The American Lawyer have acknowledged Marc as a "powerhouse" and "the toughest of the tough guys," and a foreign publication has referred to him as "one of the most prominent and feared lawyers in the United States."

Marc regularly serves as national trial counsel in complex litigation in the areas of bank finance, fraudulent conveyance, RICO, corporate governance, antitrust, securities, mass tort, product liability, environmental, breach of contract, and other commercial cases. Marc also has an extensive and successful track record in dealing with investigations and lawsuits by state attorneys general, including path-breaking settlements of tobacco litigation. Marc has also conducted numerous internal investigations on behalf of boards of directors, management and special committees regarding alleged corporate misfeasance, conflicts of interest, challenges to board authority, insider trading, accounting fraud, market timing, obstruction of justice, market manipulation, and other issues relating to director and officer fiduciary responsibilities and liabilities.

Marc, the firm’s founding and managing partner, has been profiled by Law360 as one of the country's most innovative managing partners.

Member

New York; U.S. District Court, Eastern District of New York; U.S. District Court, Southern District of New York; U.S. Court of Appeals, Second Circuit; U.S. Court of Appeals, Third Circuit; U.S. District Court, Northern District of New York; U.S. District Court, District of Colorado; U.S. Court of Appeals, First Circuit; U.S. Court of Appeals, Seventh Circuit; U.S. Court of Appeals, Tenth Circuit

Education

Cornell Law School (J.D., 1977); Yale University (B.A., cum laude, 1974)

Leisure

Member of the Advisory Committee, New York Supreme Court - Civil - Commercial Division; Member of the Board of Directors, New York Legal Aid Society


United States: Antitrust

Civil litigation/class actions: plaintiff

Within: Civil litigation/class actions: plaintiff

The 'outstanding' team at Kasowitz Benson Torres LLP is known to clients for its 'excellent work product, exceptional service, timely and wise legal advice and recognition of business implications'. Cindy Caranella Kelly and Sarah Gibbs Leivick are singled out in particular for their 'skills and professional commitment'. Hector Torres continues to advise Ford on its damage claims arising from the DOJ's investigation into the global auto parts cartel, and Marc Kasowitz is part of the team representing Anderson News in its claim against leading magazine publishers and distributors alleging the latter conspired to boycott the client to force it out of the market. Sheron Korpus jointly heads the team with Torres and is also a key name to note. All named attorneys are based in New York. The team was recently strengthened by the arrival of Kevin Arquit, who joined from Weil, Gotshal & Manges LLP and now co-chairs the antitrust practice.

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United States: Dispute resolution

Corporate investigations and white-collar criminal defense

Within: Leading individuals: Corporate investigations and white-collar criminal defense: advice to individuals

Marc Kasowitz - Kasowitz Benson Torres LLP

Within: Corporate investigations and white-collar criminal defense

Kasowitz Benson Torres LLP fields a 'powerful bench', noted for its 'deep knowledge of the subject matter'. The group is led by 'outstanding trial lawyer' Daniel Fetterman, whom clients praise as 'smart, strategic and highly ethical'. Alongside co-founding partner Marc Kasowitz, Fetterman is defending New York concert promoter Joseph Meli and his company, Advance Entertainment, in connection with an indictment in the Southern District of New York and an SEC enforcement action related to an allegedly fraudulent scheme promoting non-existent tickets for the musicals Hamilton and Harry Potter and the Cursed Child. He is also acting as lead defense counsel to Abraham Jose Shiera Bastidas, a former owner of multiple US-based energy companies, in an FCPA action launched in relation to contracts with Petroleos de Venezuela. Ann St. Peter-Griffith in Miami, Lyn Agre in San Francisco and New York's Edward McNally are also recommended. The team in New York also includes former senator Joseph Lieberman, whose experience gives the team an edge in political matters.

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General commercial disputes

Within: General commercial disputes

Kasowitz Benson Torres LLP 'is able to staff cases with top-tier specialists in various disciplines'; the firm maintains a focus on high-stakes litigation, covering everything from breach of contract to defamation to trade secrets disputes. It is particularly strong in the financial services, private equity and real estate sectors, though its clients operate in myriad industries beyond these. In the Eastern District of California, 'gifted strategist' Mark Ressler represented Copart as plaintiff in litigation arising out of a botched software project; after a four-week jury trial, the client was awarded $20m in damages for negligence. Tad O’Connor has 'a strong strategic overview of his cases' and 'very significant trial experience, including in the UK and continental Europe'. In a cross-border case, he worked alongside UK counsel to successfully defend private equity firm TPG at the London High Court in a long-running dispute relating to a previous investment in a Greek company. San Francisco-based Jason Takenouchi is highly recommended. Other key figures in the team include Marc Kasowitz, Michael Bowe and Christine Montenegro. Named partners are based in New York unless otherwise stated.

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Leading trial lawyers

Within: Leading lawyers

Marc Kasowitz - Kasowitz Benson Torres LLP

Within: Leading trial lawyers

Marc Kasowitz - Kasowitz Benson Torres LLP Marc Kasowitz is 'a superb lawyer'. Kasowitz has advised long-standing client Donald Trump on a number of highly publicized matters, one of which included securing a favorable settlement in the Trump University litigation and handling ongoing defamation claims. Other highlights include representing New York City Patrolmen’s Benevolent Association in a lawsuit against the City of New York relating to the city's inconsistent policy of body-worn camera video disclosure. Kasowitz has also handled a significant dispute for Astra Asset Management.

Within: Leading trial lawyers - ranked: tier 3

Marc Kasowitz - Kasowitz Benson Torres LLP

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Securities litigation - plaintiff

Within: Securities litigation - plaintiff

Kasowitz Benson Torres LLP in New York has a team of 'highly efficient, loyal and client-minded' practitioners who have 'a lot of experience with complex transactions'. The firm handles bet-the-company securities cases and has one of the leading direct securities fraud and opt-out practices in the market, representing hedge funds, mutual funds, and pension funds. Marc Kasowitz handled a trial last year for Fairfax Financial Holdings and secured a $31m settlement in the case, which concerned allegations of insider trading, market manipulation and short-selling by a group of hedge funds. With rising star Uri Itkin, he also represented London-based alternative asset manager Astra Asset Management in a CDO-related matter. Leading light Sheron Korpus is 'very bright and quick-thinking, showing attention to detail with a clear view on the big picture; he understands clients' needs and provides legally sound guidance'. Korpus and Michael Hanin, who is recommended as 'a creative, smart, dedicated and very hardworking litigator who can navigate very complicated situations seamlessly', filed a direct securities fraud action against Valeant Pharmaceuticals. Securities fraud specialist Stephen Tountas is also recommended.

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