Mr Marc E. Kasowitz > Kasowitz Benson Torres LLP > New York, United States > Lawyer Profile

Marc Kasowitz – Kasowitz Benson Torres LLP. Marc Kasowitz is a well renowned trial lawyer and litigator, and is often lauded for his litigation work in the financial services industry. At present he is leading a litigation involving losses in the residential mortgage-backed securities market and was particularly successful in this area in 2021. A significant historical win involves successfully arguing in the New York Court of Appeals that a $120 million lawsuit against Goldman Sachs on behalf of ACA Financial Guaranty should be reinstated. Kasowitz is based in New York.

Marc Kasowitz – Kasowitz Benson Torres LLP. Marc Kasowitz is a well renowned trial lawyer and litigator, and is often lauded for his litigation work in the financial services industry. At present he is leading a litigation involving losses in the residential mortgage-backed securities market and was particularly successful in this area in 2021. A significant historical win involves successfully arguing in the New York Court of Appeals that a $120 million lawsuit against Goldman Sachs on behalf of ACA Financial Guaranty should be reinstated. Kasowitz is based in New York.

The white-collar defense and investigations practice group at Kasowitz Benson Torres LLP consists of ‘superb strategists’ and acts for both corporate entities and individuals on high-stakes criminal and regulatory investigations. The team is led by former federal prosecutor Daniel Fetterman, who is a veteran trial lawyer with experience in internal and government investigations. Marc Kasowitz is a veteran trial lawyer well known for commercial litigation as it pertains to antitrust, banking, securities, product liability and governance. Former practice co-head Lyn Agre left the firm in February 2021. All named attorneys are based in New York unless otherwise stated.

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.

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.