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Firm Obtains Affirmance in Second Circuit in Significant Labor Law Decision
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
Firm Secures Important Ruling in Countrywide Litigation
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
Firm Negotiates One of the Largest Bankruptcy Settlements in History
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
Settlement with Koch Entities Obtained for MF Global Trustee
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
Firm Reaches Settlement with Deutsche Bank for $83 Million
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
Court Approves Retention of Firm in MF Global Bankruptcy
The United States Bankruptcy Court for the Southern District of New York approves the retention of Levine Lee LLP as Special Counsel to the MF Global Inc. (“MFGI”) Trustee. The firm is representing the Trustee in connection with an adversary proceeding brought by Koch Supply & Trading, LP (“KS&T”), an affiliate of Koch Industries, concerning … Read more
Lehman Trustee Retains Firm for $6 Billion Appeal in Second Circuit
The Lehman Brothers Inc. (“LBI”) Trustee, James W. Giddens, retains Levine Lee to serve as co-appellate counsel for his appeal to the United States Court of Appeals for the Second Circuit from a decision of the United States District Court for the Southern District of New York relating to more than $6 billion in LBI … Read more
Firm Obtains Dismissal of Section 11 Claim in Countrywide Litigation
The firm prevails on a motion to dismiss filed on behalf of our client, David Spector, a former Senior Managing Director of Countrywide Financial Corporation, in securities litigation arising from Countrywide’s sale of residential mortgage-backed securities. The suit sought damages against Countrywide and its former executives for alleged misrepresentations in the offering materials for 24 … Read more