Hedge Funds

Deep Experience With Hedge Fund and Structured Product Litigation
Kasowitz has decades of experience advising hedge funds in high-stakes litigation and crafting unique and creative solutions for issues relating to their investments. We handle sophisticated commercial litigation, complex financial products and securities litigation, financial restructuring, white collar litigation and employment litigation for our hedge fund clients. We have successfully represented hedge funds in numerous litigations, negotiations and potential disputes involving securitizations and other structured finance products.
We regularly advise activist investors on complex and fast-moving investment situations, with a focus on strategic counseling and how best to position the fund for success. Our litigation experience gives us a unique perspective and credibility in these often contentious situations.
We also have a strong “opt-out” class action practice, and represent a number of hedge funds and other investment managers in direct actions to recover investment losses. Pursuing direct securities actions often achieves a far greater recovery than passively relying on class counsel and a recovery that is pro rata with all other holders.
Our hedge fund clients include BlueMountain, Bridgewater, Centerbridge Partners, Davidson Kempner Capital Management, Deer Park Road Corporation, Elliott Management, Fir Tree, Harbinger Capital Partners, MatlinPatterson, Prophet Capital Asset Management, Serengeti Asset Management, Tilden Park Capital Management and Waterfall Asset Management.
We have handled structured product litigation for a wide variety of hedge funds as well as banks.
MEDIA
- Webinar: CMBS and B-Piece Market Update and Associated Distressed Investment Opportunities
- COVID-19 Resource Center
- Michael A. Hanin and Uri A. Itkin Quoted in Asset-Backed Alert: “Libor Talks Keep Trustees at Bay”
- Law360 Names Kasowitz Practice Group of the Year for Structured Finance
- Law360 Names Michael A. Hanin MVP of the Year for Structured Finance
- Kasowitz Scores Key Victory for Noteholders in Multi-Billion Dollar Student Loan Syndication Case
- Kasowitz Prevails on Appeal for Noteholders in Multi-Billion Dollar Student Loan Case
- Webinar: BI Analyst Briefing: Financial Institutions/Products Litigation in the Wake of the Pandemic
- Uri A. Itkin Authors “Repo Borrowers May Be Able to Recover Covid-Related Margin Call Losses”
- Kasowitz Secures Denial of CFPB’s Consent Judgment in National Collegiate Student Loan Trusts Case
- Kasowitz Files Lawsuit against Bancorp For Refusing to Honor Market Disruption Clause Triggered By Coronavirus Pandemic in $900 Million Securitization Deal
- Uri A. Itkin Quoted in Debtwire Article: “MBS Margin Calls Abate as Markets Stabilize; No Forbearance Offers in Sight”
- Stephen W. Tountas Named Plaintiffs’ Lawyers Trailblazer by The National Law Journal
- Michael Hanin and Uri A. Itkin Quoted in Asset-Backed Alert: “Mortgage REITs Seek Court Help”
- Kenneth R. David Discusses Potential Exploitation of “MAC” Clauses in the Wake of Coronavirus
- Uri A. Itkin Quoted in Asset-Backed Alert: “Court Solution Seen for Libor Issue”
- Recalcitrant Lenders May Exploit “MAC” Clauses to Avoid Commitments
- Kasowitz Achieves Successful Resolution of Astra Asset Management’s Abacus CDO Claims against Goldman Sachs
- Kasowitz Prevails on Summary Judgment Motion by Goldman Sachs Seeking Dismissal of Astra Asset’s Claims Arising From Goldman’s Abacus CDO Misconduct
- Kasowitz Defeats Motion to Dismiss by Goldman Sachs in Action Alleging Misconduct Relating to Abacus CDO
- Kasowitz Secures Dismissal of $123 Million Breach of Fiduciary Duty Claims
- Kasowitz Scores Bankruptcy Trial Win For EFH Creditors
- Kasowitz Represents Hedge Fund, Claiming Breach of Contract by Goldman Sachs relating to CDO Abacus 2006-10
- Michael Hanin and Uri A. Itkin Co-Author “Applying N.Y.’s Borrowing Statute to Asset-Backed Securities Claims After ‘Deutsche Bank’” in New York Law Journal
- Kasowitz Prevails on Appeal for Hedge Fund in Defamation Action
- Law360 Recognizes Kasowitz Partner Stephen W. Tountas as 2017 Rising Star
- Marc E. Kasowitz Speaks at MFA Outlook 2016
- David S. Rosner and Michael Hanin Discuss Hedge Fund Litigation at Corporate Counsel Summit
- New York Appellate Division Upholds Reinstatement of ACA Financial Suit Against Goldman Sachs
- New York Law Journal Names Kasowitz Partner Michael Hanin a "Rising Star"
- Kasowitz Wins New York Court of Appeals Decision to Reinstate $120M Fraud Suit Against Goldman Sachs
- Kasowitz Urges Appellate Court to Reinstate ACA Financial Guaranty Suit Against Goldman Sachs
Contacts
Kasowitz Benson Torres has been recognized as a 2020 Practice Group of the Year for Structured Finance by Law360, which honors the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year.
Read StoryKasowitz partners Michael Hanin and Uri A. Itkin have co-authored “Applying N.Y.’s Borrowing Statute to Asset-Backed Securities Claims After ‘Deutsche Bank,’” published in New York Law Journal.
Read Story