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 Wins Dismissal of Claims against Owners of Historic Hotel Chelsea Seeking to Halt Renovations
Kasowitz Benson Torres, on behalf of the owners of the iconic Hotel Chelsea in Manhattan, has secured the dismissal of a lawsuit brought by two tenants of a neighboring townhouse they lease from the owners seeking injunctive relief halting all renovation of the historic property and asserting claims for breach of warranty of habitability, private nuisance and harassment.
Webinar: Mandating Covid-19 Tests and Vaccines in the Workplace: Legal Issues and Liability Risks
Kasowitz Benson Torres employment litigation partners Mark W. Lerner and Jessica Taub Rosenberg will be presenting “Mandating Covid-19 Tests and Vaccines in the Workplace: Legal Issues and Liability Risks,” a webinar hosted by Practising Law Institute.
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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.
Law360 Names Kasowitz Practice Group of the Year for Structured Finance
Kasowitz Benson Torres has been recognized as a 2020 Practice Group of the Year for Structured Finance by Law360, which honors the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year.
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.