We have a world-class practice representing hedge funds, private equity funds, venture funds, mutual funds, investment advisors, and fund managers in high-stakes litigation. This includes litigation arising from activist investment strategies; distressed investment scenarios, including insolvency and restructuring; allegations of improper fund management; inadequate disclosures; alleged securities laws violations; market manipulation; and other complex financial disputes.
Much of the work we do for our fund clients requires a deep understanding of complex structured financial products, credit agreements, derivatives, risk allocation, and the capital markets. The vast majority of lawyers who understand these products comes from large transactional firms. There is no knowledge gap when we take on these firms. In fact, there is no firm in the world that can top our unique combination of litigation skill and substantive knowledge of the financial industry.
We are one of the very few top-tier global firms that is free to litigate against the large prime brokers and money center banks, such as Citibank, JPMorgan Chase, UBS, Merrill Lynch, Royal Bank of Scotland, Deutsche Bank, Credit Suisse, Barclays, HSBC, Bank of America, and Goldman Sachs. We also regularly represent funds and fund managers against the “Big Four” accounting firms.
Not all of our representations involve litigation. We have a track record of successfully resolving partnership, valuation, and redemption disputes between fund managers and individual partners.
We have a deep bench of white collar partners, over 20 of whom were former federal prosecutors. We have extensive experience representing funds and fund managers before the SEC and FSA, as well as in other government investigations and prosecutions around the globe. We have no transactional practice or traditional regulatory practice. We are not beholden to the regulators. Thus, we are free to be the “hammer” in negotiations. The regulators know we will take cases to trial if it is in our client’s interests. We believe that gives our clients a distinct advantage in negotiations.
Finally, no business firm in the United States tries as many cases as we do. (The Lawyer, 2017) And, as far as we know, no firm in the United States has achieved the success we have. In the last 12 months alone we have secured judgments and settlements for our clients of $20 billion. We have recovered $3 billion for funds, fund investors, and fund managers. That said, the majority of our work involves defending companies, and we have successfully defended numerous funds and fund managers from claims exceeding many billions of dollars.