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Erica P. Taggart
Los Angeles Office Tel: 213-443-3000 Fax: 213-443-3100 ericataggart@quinnemanuel.com Practice Areas Banking and Financial Institution Litigation Intellectual Property Litigation Securities Litigation Structured Finance and Derivatives Litigation Education
Harvard Law School (J.D., cum laude, 2000)
University of California, Berkeley (B.A., with distinction, 1997) |
Biography
Ms. Taggart's practice includes a wide variety of commercial litigation, for both defendants and plaintiffs, involving financial fraud, large banking litigation, derivatives and other complex financial instruments, and various breach of contract disputes. She also has substantial experience in patent infringement litigation, especially involving the telecommunications industry and international standard setting organizations. Over the last ten years, she has also represented various clients in litigation involving trade secret misappropriation, insurance coverage, securities fraud, antitrust, financial misrepresentation, and various types of commercial disputes. She was named in 2006, 2007, 2008 and 2011 as a "Rising Star" by Southern California Super Lawyers. Notable Representations
Serves as special counsel to the Committee of Unsecured Creditors in the Lehman Brothers Holding Inc. bankruptcy, including representing the Committee in adversary proceedings against JPMorgan Chase and Barclays Bank. These disputes involve tens of billions of dollars related to multi-billion dollar asset purchase agreements, tri-party repurchase financing, credit default swaps, valuation of financial structures, banking contracts, and other complex commercial transactions.
Served as special counsel to Washington Mutual, Inc. in its lawsuit against JPMorgan Chase concerning the sale of WaMu to JPMC, which involved allegations of billions of dollars in alleged preferences, fraudulent transfers, and business torts.
Represents Litigation Trust stemming from SemGroup bankruptcy in pursuing claims against various financial institutions involving fraudulent transfer, breach of fiduciary duties, and other financial claims.
Represented a global telecommunications company in its worldwide litigation against Qualcomm over numerous cellular telephony patents held by both companies, including three federal patent infringement cases, one Delaware Chancery court case, two arbitrations, and two International Trade Commission investigations in the United States alone. On eve of trial in the Delaware Chancery court, our client and Qualcomm entered into a new agreement covering various telecommunications standards resulting in settlement of all litigation between the companies worldwide.
Represented plaintiff Freedom Wireless in a suit for patent infringement against twelve defendants for infringement of its patents on prepaid wireless telephone systems and methods. The trial lasted 15 weeks and resulted in a $128 million jury verdict entered against several wireless telephone carriers. The verdict was the eighth largest verdict awarded in the U.S. that year. The case settled on appeal to the Federal Circuit for $87 million, plus significant on-going royalties.
Represented a leading mutual fund in a $40 million action against Citibank brought under the Pennsylvania Securities Act relating to Enron credit-linked notes, resulting in a favorable settlement for our client.
Represented KB Home and KB Home Nevada regarding litigation against JPMorgan Chase for dispute over loans and related guarantees for a multi-million dollar residential development. JPMorgan Chase brought actions against KB Home and numerous other developers in Nevada and New York on various loan agreements and a completion guaranty.
Defended IBM against contract and trade secret misappropriation allegations involving database management operating software. Also defended IBM against class unfair competition claims under California's 17-200 statute.
Represented Time Warner Cable against claims of securities fraud. Obtained complete dismissal of all claims and an affirmance on appeal to the Ninth Circuit.
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