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Lawyers

Douglas Baumstein

Career

Doug is a first-chair litigator with significant experience representing clients in securities, corporate governance, complex commercial, and bankruptcy-related litigation. He has a strong track record of achieving favorable outcomes for clients before federal and state courts across the United States, including New York, Delaware, Maryland, Nevada, Texas, New Jersey, and Massachusetts.

Doug has successfully represented numerous high-profile clients in securities law cases. He obtained dismissal in full and appellate affirmation of securities law claims against ReWalk Robotics, a medical device company. He has also obtained dismissals for global clinical stage biopharmaceutical company DBV Technologies; Argentinian cement manufacturer Loma Negra; and Aixtron SE, the German technology company. He also argued successfully in the Southern District of New York, and on appeal before the Second Circuit Court of Appeals, for a dismissal of all securities law claims against Dynegy officers and directors arising out of actions they took to restructure that energy company. Doug also led the representation of Aracruz (now Fibria Celulose) in its successful resolution of claims arising out of losses it suffered in connection with its purchases of foreign exchange derivatives. Continuing his work in the life sciences industry, Doug has considerable experience representing clients in both the branded and non-branded space.

He has represented such companies as Advance Auto Parts, Teligent, Royal Ahold, Presstek, Pitney Bowes, Talbots, Ormat Technologies and Cnova in securities class actions, in addition to defending clients in ERISA class-actions and class actions alleging breach of contract and RICO violations. Doug is recognized by Chambers and Partners for Securities Litigation. The Legal 500 describes him as a “top-notch partner” and notes that he has extensive trial experience before US federal and state courts. He is also recognized as a “Future Star” by Benchmark Litigation.

In addition to his securities work, Doug has extensive experience defending officers and directors in breach of fiduciary duty, control disputes, and other corporate governance matters, including securing dismissals of derivative claims and prevailing in high-stakes litigation before the Delaware Court of Chancery, the Delaware Supreme Court, and federal bankruptcy courts.

Doug’s practice also focuses on complex commercial disputes. Both US-based and international clients benefit from his deep US litigation experience. For example, he represented US Foods in a long-running class action challenging pricing practices within the foodservice industry. He has litigated bankruptcy-related cases on behalf of creditors, debtors and equity holders, including with respect to the restructuring of the following companies: Delphi, Delta, Adelphia, Lehman Brothers, General Maritime, Primorsk International Shipping, SunEdison, Pacific Drilling, Houston Regional Sports Network, and M&G Chemicals.

Prior to joining Mintz, Doug was a partner at a New York–based international law firm.

Memberships

Committee Member, New York City Bar Association's Bankruptcy and Corporate Reorganization Committee

Education

New York University School of Law (JD) University of Pennsylvania (BA, cum laude)

Mentions

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