Favorable Settlement Obtained Mid-Trial for Nationwide Bank

Nationwide Bank

Successful defense of prominent and historic nationwide bank in breach of contract trial based on allegations of failure to fund a loan origination business of an outgoing employee and seeking over $50,000,000 in damages. Mid-trial, we reached a settlement favorable to our client for an amount significantly smaller than plaintiff's demand.

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Representation of B piece and special servicer clients, handling in excess of $22 billion in new securitizations in 2013-14.
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Successful representation of California bank in complex mortgage foreclosure debt recovery action through state court and bankruptcy court in the Southern District of Florida, which resulted in the criminal indictment of the borrower´s principal for bank fraud.
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