Counsel for Bankruptcy Estate Trustee in Resolution of Claims by Bank

Bankruptcy Estate Trustee
Representation of bankruptcy estate trustee in the resolution of claims by a major U.S. bank that claimed it was owed indemnification of approximately $1.75 million by our client with respect to a number of individual residential mortgage loans that client had sold to the bank. Demonstrated the ability to assert a number of strong defenses to the bank's claims. The case was settled favorably for client.
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Philip R. Stein

Philip R. Stein

Partner, Litigation Practice Group Leader
Representation of B piece and special servicer clients, handling in excess of $22 billion in new securitizations in 2013-14.
Representation as special litigation counsel for a trustee suing various entities who claimed to be secured debtholders owed money by the bankruptcy estate of a large financial services company. After years of litigation and extensive discovery, produced settlements whereby the defendants renounced ...
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.