Jeremy D. Stallman’s practice focuses on complex commercial litigation in federal and state courts. He has worked on matters for hedge funds, financial institutions, companies, government-sponsored entities, and individuals in a broad range of commercial disputes relating to complex financial products, financing, securities, insurance, and defamation.
Jeremy is also actively engaged in pro bono matters, including the representation of refugees facing removal actions before the Immigration Court.
Work Highlights
- Federal Housing Finance Agency, as conservator for Fannie Mae and Freddie Mac, in actions in federal and state courts against numerous financial institutions and individuals. The lawsuits sought rescission or damages from the banks for, among other things, their misrepresentations concerning pools of mortgage loans that underlie residential mortgage-backed securities the banks issued, securitized and sold to Fannie Mae and Freddie Mac. After prevailing on critical pre-trial issues, FHFA settled the actions brought by Kasowitz for over $2 billion, including a $1.25 billion settlement with Morgan Stanley.
- Mill Financial in litigation against George Gillette and The Royal Bank of Scotland arising out of secured lending transactions in connection with the purchase and sale of the Liverpool Football Club.
- A Canadian-based fashion mogul in three separate actions, including: (i) intervening in a Section 1782 Action for discovery in aid of a foreign litigation in Federal Court in the Southern District of New York; (ii) prosecuting a breach of contract action in California state court; and (iii) defending an action sounding in defamation in New York state court.
- A Belgium-based diamond dealer in an action in New York state court against a New York retail jeweler for breach of contract.
- The Association of Financial Guaranty Insurers as amicus curiae in the First Circuit Court of Appeals in an action concerning the constitutionality of Puerto Rico’s Recovery Act.