Lawdragon Profiles Marc E. Kasowitz and his Bet-the-Company Wins in Financial Services Litigation
Lawdragon has profiled Kasowitz managing partner Marc E. Kasowitz in the article, “Pressure Makes Diamonds: Kasowitz Thrives In Bet-The-Company Cases,” highlighting his groundbreaking wins in some of the nation’s most hotly contested, high-stakes cases involving complex financial products.
Mr. Kasowitz was featured for his trial victory on behalf of MBIA, one of the world’s largest monoline insurers, in a decade-long put-back case against Credit Suisse in which MBIA sought to recover for Credit Suisse’s breaches of its representations and warranties concerning residential mortgage-backed securities insured by MBIA. After a two-week bench trial in New York State Supreme Court, the court found in favor of MBIA, and Credit Suisse paid MBIA $600 million to resolve the case.
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