Stephen P. Thomasch's practice focuses on complex commercial litigation. He represents clients in civil litigation in state and federal courts, at the trial and appellate levels. His clients span numerous industries including automotive, finance, medical marijuana, pharmaceutical, private equity, real estate, and travel.
Stephen also maintains an active pro bono practice. Recently, he was the primary drafter on the Kasowitz team that submitted an amicus brief to the Supreme Court of the United States at the merits stage of a case involving the equal protection rights of the residents of Puerto Rico on behalf of a coalition of public interest organizations.
Prior to joining Kasowitz, Stephen clerked for the United States Senate Committee on the Judiciary and the Council of Environmental Quality within the Executive Office of the President.
- Ford Motor Company in defending against a series of putative class action suits concerning certain automotive transmissions.
- A travel company in a two-week jury trial against its joint venture partner resulting in a verdict that the joint venture partner violated the implied covenant of good faith and fair dealing.
- Cannabis cultivation experts and investors in a dispute against their joint venture partner, a subsidiary of a large multistate marijuana operator, concerning the ownership of a medical marijuana license. After a two-week arbitration before a panel of three arbitrators, the arbitration panel found that the joint venture partner breached its fiduciary duties and unjustly enriched itself, and that it was liable for over $15 million in damages.
- The founder and CEO of a payment services company in multistate litigation against the company’s controlling noteholders and board representatives.
- Real estate developers in tort and contract actions.
- An individual lender against a real estate developer in a successful appeal to the United States Court of Appeals for the Second Circuit reversing an order granting summary judgment in favor of the real estate developer.
- Official Equity Committee in Hercules Offshore, resulting in the confirmation of a plan that provided equity with a guaranteed recovery of $15 million and reduced the claim of the first lien lenders by $32.5 million.