Kasowitz Secures Trial Victory In Long-Standing RMBS Put-Back Action for MBIA Insurance
In a decision issued on November 30, 2020, Justice Jennifer G. Schecter of the Supreme Court of New York, New York County, has held that, during a two-week bench trial capping over ten years of litigation, Kasowitz Benson Torres, on behalf of client MBIA Insurance, proved that Credit Suisse breached its representations and warranties to MBIA concerning a failed residential mortgage-backed securitization Credit Suisse sponsored and MBIA guaranteed and is liable to MBIA for damages, which we expect will amount to over even the $680 million Credit Suisse itself has acknowledged.
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Kasowitz Webinar: Reopen the Workplace and Reduce Litigation Risk – Federal and State Law Guidance You Need to Know
Mark W. Lerner and Jessica Taub Rosenberg review recently filed litigations against employers, as well as federal and state laws, including agency guidance, to highlight employer requirements and recommend best practices.
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Kasowitz Files $100-Million Lawsuit against WeWork for Breaching Agreement to Invest in Parkmerced Apartment Complex
On May 28, 2020, Kasowitz Benson Torres, on behalf of Parkmerced Investors, brought a multimillion dollar lawsuit against WeWork Companies in the Supreme Court, New York County for breach of contract relating to a planned investment in Parkmerced’s San Francisco apartment complex, one of the largest privately owned developments in the United States.
COVID-19 Resource Center
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Kasowitz Quickly and Successfully Resolves Astra Asset Management’s Abacus CDO Claims Against Goldman Sachs on the Eve of Trial
Kasowitz represented Astra Asset Management, a London investment firm, in a trust instruction proceeding concerning Abacus 2006-10, a synthetic $543 million CMBS-linked CDO created by Goldman Sachs.
Kevin J. Arquit Presides over Historic Arbitration Involving DOJ’s Objection to Merger of Novelis and Aleris
In a historic development in disputes over government antitrust enforcement, Kevin J. Arquit, partner and Co-Chair of the antitrust practice at Kasowitz Benson Torres, served as the arbitrator in the nation’s first ever arbitration of a merger challenge in an antitrust case.
Kasowitz Ranked Among Top 20 Most Diverse Leading Law Firms by American Lawyer
Kasowitz Benson Torres has again been ranked as among the twenty most diverse leading law firms by The American Lawyer. Kasowitz is ranked #18 on the publication’s annual Diversity Scorecard listing.