Kasowitz Benson Torres has filed a $100 million lawsuit on behalf of shipping company Oceanus and its majority owner, an affiliate of private equity firm MatlinPatterson, against billionaire shipping magnate George Economou and his son Christos Economou in the Supreme Court of New York, New Yo...
Lawdragon has recognized Kasowitz Benson Torres employment litigation partners Mark W. Lerner and Jessica Taub Rosenberg on its 500 Leading U.S. Employment Lawyers 2020 list.
Kasowitz Benson Torres employment litigation partner Jessica Taub Rosenberg is featured in video interview “Employers Can Likely Mandate Covid Vaccines for Staff” on Reuters.
Kasowitz Benson Torres, on behalf of real estate investment firm CW Capital Management, an affiliate of Los Angeles-based Cottonwood Group, has defeated a motion to dismiss the lawsuit it brought against broker Tribeca Realty Capital.
Kasowitz Benson Torres secured a successful settlement on behalf of a leading international insurance company resolving its hotly contested, cross-border, nine-figure coverage dispute governed by The Danish Institute of Arbitration rules of arbitration.
Kasowitz Benson Torres partners Michael A. Hanin and Uri A. Itkin are quoted in Asset-Backed Alert’s article “Libor Talks Keep Trustees at Bay” concerning how trustees may seek guidance from the courts on the appropriate process for choosing replacement benchmark rates for asset-backed securities in advance of the cessation of Libor as a benchmark rate.
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.
Corporate Content Awards North America has recognized Kasowitz Benson Torres’s website by awarding Kasowitz and its design agency, Living Group, 2020 Gold Awards for Best Use of a Visual Property and Best Branded Content Site.
In another victory in a long running series of lawsuits related to an ongoing Manhattan development project, Kasowitz Benson Torres has prevailed in a significant appeal for the owner of the iconic 90-story, luxury condominium building going up at 111 West 57th Street in Manhattan.