Levine Lee News

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

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

Firm Prevails in Minnesota Court of Appeals

The Minnesota Court of Appeals affirms the trial court’s dismissal of an action brought against our client, Lazard Middle Market, LLC. The case is Gander Mountain Company v. Lazard Middle Market, LLC, No. 27-CV-10-18565 (Minn. Ct. App.). Scott B. Klugman and Miriam L. Alinikoff worked on the matter, and Kenneth E. Lee argued before the … Read more