As reported in Law360 and other media outlets, the U.S. District Court for the Southern District of New York dismissed with prejudice a series of putative class action complaints brought against a group of national stock exchanges, including the Chicago Stock Exchange, represented by Levine Lee LLP. As the district court noted in its Opinion, … Read more
As reported in Law360 and other media outlets, the U.S. District Court for the District of New Jersey granted the firm’s motion on behalf of defendant Healthfirst, Inc. to dismiss the complaint with prejudice. The action, brought by MHA, LLC, which encompasses the Meadowlands Hospital Center, alleged violations of New Jersey’s insurance statutes and regulations, … Read more
As reported in Law360: “Lehman Brothers Inc.’s liquidating trustee on Friday filed a $98 million adversary proceeding against Wells Fargo Bank NA in New York bankruptcy court seeking to recover collateral under a swap agreement the bank allegedly ended when Lehman went under. Attorneys for James Giddens — the trustee liquidating Lehman Brothers Holdings Inc.’s … Read more
The firm successfully obtains dismissal with prejudice of a complaint filed in the United States District Court for the Southern District of New York against its client, The Public Utilities Board of Manitoba, Canada (the “PUB”), in The A Star Group, Inc. v. Manitoba Hydro, et al., 13 Civ. 4501 (S.D.N.Y.). The action, which alleged … Read more
The United States Supreme Court denies a petition for writ of certiorari to the U.S. Court of Appeals for the Second Circuit, leaving in place the firm’s victory on behalf of client HF Management Services, an affiliate of Healthfirst, the largest Medicare and Medicaid provider in New York. The case is Dejesus v. HF Management … Read more
Levine Lee prevails before the United States Court of Appeals for the Second Circuit in Dejesus v. HF Management Services, LLC, 726 F.3d 85 (2d Cir. 2013), a decision establishing the standard for pleading overtime claims under Federal and New York Labor Law. Affirming the dismissal of claims brought against our client HF Management Services, … Read more
Adopting a novel argument not previously ruled on, the Honorable Mariana R. Pfaelzer of the U.S. District Court for the Central District of California dismisses with prejudice a claim filed under Section 11 of the Securities Act of 1933 against our client David A. Spector in securities litigation arising from Countrywide’s sale of mortgage-backed securities … Read more
Levine Lee represents the Lehman Brothers Inc. (“LBI”) Trustee, James W. Giddens, in one of the largest bankruptcy settlements in history. Motions filed in the United States Bankruptcy Court for the Southern District of New York seek approval of a settlement that would resolve a more than $40 billion dispute with Lehman Brothers Holdings Inc. … Read more
On behalf of the Trustee for MF Global Inc. (“MFGI”), Levine Lee reaches a favorable settlement of an adversary proceeding (Adv. Pro. No. 12-01754) commenced by Koch Supply & Trading, LP (“KS&T”), an affiliate of Koch Industries, Inc., pending in the U.S. District Court for the Southern District of New York. KS&T was seeking a … Read more
Levine Lee obtains a settlement of $83.5 million from Deutsche Bank AG (“Deutsche Bank”) on behalf of the Lehman Brothers Inc. (“LBI”) Trustee, James W. Giddens. The settlement resolves the Trustee’s pending motion before the United States Bankruptcy Court for the Southern District of New York seeking recovery from Deutsche Bank in connection with its … Read more