Mr Sheron Korpus > Kasowitz Benson Torres LLP > New York, United States > Lawyer Profile

Kasowitz Benson Torres LLP
1633 BROADWAY
NEW YORK, NY 10019
NEW YORK
United States
Sheron Korpus photo

Work Department

Partner

Position

Antitrust Litigation; Commercial Litigation; Complex Financial Products Litigation; Creditors’ Rights and Bankruptcy; Financing Litigation; Securities Litigation

Career

Sheron Korpus, Co-Chair of the firm’s Antitrust Group, is a first-chair litigator and trial lawyer, with extensive experience in multi-billion dollar commercial, complex financial, securities, antitrust, bankruptcy and intellectual property disputes.  Sheron has tried cases in federal and state courts, as well as arbitration panels, across the U.S.

Sheron is recognized as a leading lawyer in both commercial and securities litigation by Chambers USA where clients note that Sheron “gets right to the nub of the problem; he is really able to focus on what is most important,” and describe him as “a very good tactician,” with “tremendous command of the law” in significant disputes.  Chambers USA also lists Sheron as one of nine leading lawyers in New York representing institutional plaintiffs in securities lawsuits.  He is also recognized as one of seven leading lawyers nationally in the Legal 500 Securities Litigation: Plaintiff guide, with clients describing him as “very bright and quick-thinking, showing attention to detail with a clear view on the big picture,” and note that “he understands clients’ needs and provides legally sound guidance.”  Lawdragon also names Sheron as one of the Leading Plaintiff Financial Lawyers in the U.S.  Sheron is recognized as a New York “Local Litigation Star” by Benchmark Litigation, a “US Life Science Star” by LMG Life Sciences, and a New York Super Lawyer.  He was honored as an “Antitrust and Mergers & Acquisitions Trailblazer” by the National Law Journal in 2016.  Peers have commented that Sheron “has outstanding skills as a trial lawyer and a broad and deep knowledge of commercial, securities and bankruptcy law,” and that “he can really carve up a hostile witness.” 

Memberships

High Court of New Zealand; 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, Federal Circuit; U.S. Supreme Court; U.S. Court of Appeals, Second Circuit; U.S. Court of Appeals, Third Circuit; U.S. Court of Appeals, District of Columbia Circuit

Education

University of Virginia School of Law (LL.M., 1996); University of Auckland (Bachelor of Laws, with honors, 1991); University of Auckland (Bachelor of Commerce in accounting, 1991)

Lawyer Rankings

United States > Dispute resolution > Securities litigation: plaintiff

(Leading lawyers)

Sheron KorpusKasowitz Benson Torres LLP

The New York office of Kasowitz Benson Torres LLP is home to a deep bench of securities litigators who handle both defense and plaintiff work but focus predominantly on the latter. The firm handles both direct securities fraud and opt-out cases, frequently acting for prominent hedge funds, mutual funds and pension funds in high-profile cases. It continues to be involved in cases concerning residential mortgage-backed securities, acting for trustees of RMBS transactions, and it is a key adviser to investment funds in disputes arising from the trillions of dollars in complex financial assets held in securitization trusts. Sheron Korpus, Michael Hanin and Stephen Tountas (who is ‘a talented securities lawyer – very knowledgeable and strategic and experienced‘) are the lead partners. Leading trial lawyer Marc Kasowitz, who scored a major victory for MBIA Insurance Corporation in an RMBS case by securing a $600m payout from Credit Suisse in 2020, also plays a central role in the practice. Uri Itkin left the firm in May 2022.

United States > Dispute resolution > Leading trial lawyers

(Leading trial lawyers)

Sheron Korpus – Kasowitz Benson Torres LLP

United States > Dispute resolution > General commercial disputes

Plaintiffs and defendants alike choose the New York-based team of Kasowitz Benson Torres LLP to represent them in commercial disputes. Asset managers, hedge funds and private equity houses as well as institutions active in the real estate sector are providing a regular workload for the group. Practice head Marc Kasowitz successfully represented MBIA in a put-back action against Credit Suisse amounting to $600m in damages. Sheron Korpus has more than 25 years of experience, and Jennifer Recine is considered to be ‘smart, determined and effective.’ Paul Burgo  is well versed in corporate governance, commercial and securities law.

United States > Antitrust > Civil litigation/class actions: defense

With particular strengths in bet-the-company antitrust cases, Kasowitz Benson Torres LLP represents clients on both sides of the aisle in industries such as pharmaceuticals, food, and technology. The firm is involved in a range of antitrust cases, defending clients against allegations including price-fixing, big-rigging, tying, exclusive dealing, and monopolization. The New York-based team is led by Hector Torres, who represents high-profile companies before federal and state courts, and Sheron Korpus, who ‘thinks strategically and has tremendous credibility’.  Kevin Arquit left the firm in May 2021 for an in-house position.

United States > Dispute resolution > Securities litigation: defense

Kasowitz Benson Torres LLP handles bet-the-company securities litigation on both defense and plaintiff side, acting for major corporations and financial institutions, and their directors and officers. Among its prominent clients is the world’s largest generic drug manufacturer Teva Pharmaceuticals, for which the firm is defending one of the largest securities class actions currently pending as well as the more than 20 related direct actions, filed on behalf of more than 75 opt-out plaintiffs. Sheron Korpus, who led the Teva case, Michael Hanin and Stephen Tountas lead the practice from New York. Emerging partner talent Uri Itkin left the firm in May 2022.