Nadia Klein’s practice focuses on commercial and complex financial products litigation and arbitration. She represents both plaintiffs and defendants in state and federal court actions.
- U.S. Bank, as trustee of 13 RMBS securitization trusts, in actions seeking more than $6 billion for breaches of representations and warranties made by the sellers and loan originators with respect to the mortgage loans pooled in these securitizations. Defendants include affiliates of Credit Suisse, Morgan Stanley and UBS.
- A $9 billion private equity firm in an arbitration against a former partner. Kasowitz achieved a significant victory in the arbitration, dismissing the $50 million claim and prevailing on counterclaims eliminating the claimant's residual equity interest in the fund.
- An apparel industry technology firm in multiple arbitrations raising breach of contract and fiduciary duty claims involving Platinum Partners and its affiliates.
- MBIA, one of the world’s largest monoline insurers, in litigation brought by 18 of the world’s largest banks seeking to overturn MBIA’s corporate restructuring which, with the approval of the New York Department of Insurance (now the Department of Financial Services), established a separate company for MBIA’s municipal bond insurance business. After a several-week evidentiary proceeding, the New York Supreme Court ruled in favor of MBIA, upholding MBIA’s restructuring. The banks agreed to drop their challenge to MBIA’s restructuring, and MBIA then received $1.7 billion in cash and a $500 million line of credit for its municipal bond insurance business.