Pallas Partners LLP is tailored towards institutional investors, companies, boards, and executives involved in shareholder appraisal actions, creditor and noteholder litigation, fraud and fraudulent transfer claims, post-M&A disputes, and enforcement proceedings. The New York-based team is steered by Duane Loft, who focuses on complex commercial litigation, particularly restructuring, bankruptcy, and cross-border disputes. Joshua Naftalis advises on high-stakes commercial disputes, white collar criminal defense, and regulatory enforcement matters. In March 2025, the practice was further strengthened by the arrival of Michael Hanin, described as a ‘thoughtful advocate’, and Jill Forster, who handle litigation involving complex financial products, financing, real estate, and cryptocurrency-related issues.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- The Pallas team has established a truly market-leading litigation practice. They are conflict-free, which is a significant barrier for other firms, and have created a reputation that precedes them. They are intelligent, creative, and at the cutting edge of where commerce and law meet. They are extremely user-friendly and excellent communicators, translating.
Key clients
- Oasis Management
- Alpine Partners (British Virgin Islands)
- Fortelus Funds Investments Trust; Basil Vasiliou; Whitebox Multi-Strategy Partners; Whitebox Credit Partners; Whitebox Gt Fund; Pandora Select Partners; and Zohar Ben-Dov in his capacity as trustee of the Geili Revocable Trust
- The trustee of Endo’s unsecured creditors
- Ad hoc group of Hertz euronotes holders
- Ad hoc group of dissenting shareholders of 51job
- FourWorld Capital Management
- Bull Hill; Hardy Lane Investment Fund; and Hardy Lane Foundation
- Pegasus Capital Advisors LP and the Cogut family office
- Ad hoc group of former Jardine Strategic Holdings shareholders
- Michael Giles
- Portage Point Partners and Matthew Ray
Work highlights
Representing the trustee of Endo's unsecured creditors in seeking to hold asset manager TPG liable for its wrongful actions in connection with the sale of opioid manufacturer Par Pharmaceutical to Endo.
Advising major American airline JetBlue in litigation filed by American Airlines stemming from a collapsed partnership between the two carriers, specifically their network and loyalty programs, which a federal court ruled was anti-competitive in May 2023.
Practice head
Duane Loft
Other key lawyers
Joshua Naftalis; Michael Hanin; Jill Forster; Anastasia Cembrovska; Brianna Simopolous
