Resourced by many ‘smart, strategic and hardworking partners and associates’, including a number of highly skilled advocates, Houston-based litigation boutique Gibbs & Bruns LLP’s reputation has been predicated on its ability to try cases in courts throughout the country. David Sheeren represents core client PIMCO in a number of ongoing matters, including against US Bank and trustees for 113 Bear Stearns Legacy RMBS trusts. A ‘formidable opponent’, seasoned trial lawyer Kathy Patrick, who co-heads the team alongside Sheeran, was also central to the firm’s successes against Wall Street, although her industry focus extends beyond the financial services sector to also include energy-related securities litigation.
Legal 500 Editorial commentary

Accolades

Client satisfaction

Testimonials

Collated independently by Legal 500 research team.

  • 'Smart, strategic and hardworking partners and associates.'
  • 'They are always ready to go to trial and your opposition knows this, which makes it an advantage.'
  • 'The fantastic Kathy Patrick is a formidable opponent.'
  • 'Sam Cruse is a great trial lawyer. He has a great courtroom presence. I am glad he is on my side!'

Key clients

  • Pacific Investment Management Company (PIMCO)
  • BlackRock Financial Management Inc.
  • The TCW Group, Inc.
  • Fannie Mae
  • Kore Advisors LP
  • Metropolitan Life Insurance Company (MetLife)
  • Occidental Petroleum Corp.
  • Anadarko Petroleum Corp.

Work highlights

  • Achieved victories in two precedent-setting matters for PIMCO re calculation of termination prices owed in “clean-up calls” for legacy RMBS trusts.
  • Obtained and achieved court approval of two RMBS settlements totaling $250m on behalf of TCW and PIMCO.
  • Secured summary judgment for Oxy in a $38m securities dispute with Wells Fargo – Upheld by Fifth Circuit Court of Appeals.

Lawyers

Hall of fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

David Sheeren; Kathy Patrick

Other key lawyers

Sam Cruse; Caitlin Halpern; Nick Beachy; Pete McDonald