Peter Calamari is Managing Partner of Quinn Emanuel’s New York office and Chair of the firm’s National Banking and Financial Institutions Practice. Mr. Calamari has 30 plus years of experience representing clients in complex commercial litigation, particularly in the financial services industry. Over the years he has been involved in some of the most significant international disputes, as well as responsible for oversight of cases producing some of the biggest settlements in US history for his clients, with recoveries totaling in excess of $15 billion. Recently, Mr. Calamari has focused on representing institutional investors and sovereign wealth funds in claims involving complex financial products in court proceedings and international arbitrations. He was the lead attorney for Washington Mutual, Inc. in connection with its claims against JP Morgan Chase which resulted in a settlement valued at $ 7.5 billion. He was the lead attorney for MBIA in connection with its multibillion claims against Bank of America and others arising out of collapsed RMBS. Currently, Mr. Calamari represents the ResCap Liquidating Trust in approximately 85 lawsuits seeking indemnity and damages from correspondent lenders arising from the defendant lenders’ sale of defective mortgage loans that resulted in billions of dollars of losses and liabilities for the Trust’s predecessor. He also represented the extraordinary commissioner of Parmalat in his effort to recover amounts for the Parmalat bankruptcy estate. Additionally, Mr. Calamari has represented parties in the Enron litigation, the Banco Ambrosiano collapse, the BCCI collapse, the Drexel collapse and the EF Hutton check kiting scandal.
He is a magna cum laude graduate of Fordham Law School, where he also was an adjunct professor of law. Between 2000 and 2004, he was a managing director at Credit Suisse, assisting in various administrative functions at the most senior level. In that capacity he helped organize a new division specializing in hedge funds, private equity and alternate capital investments.
Chambers USA (2013) reports that Mr. Calamari is highly regarded for his commercial litigation expertise and praised for his “excellent instincts and great courtroom presence.”