We have an experienced U.S. practice litigating against major investment and commercial banks on behalf of other financial institutions, insurers and hedge funds. We have tried virtually every type of banking dispute, including lender-liability actions, suits by loan participants, actions arising out of letters of credit and other forms of commercial paper, commercial and residential foreclosure actions and loan fraud matters. In the last three years, we achieved two separate settlements of lawsuits against financial institutions that each exceeded $2 billion.
The firm has also represented banking clients in dozens of matters involving issues including borrower fraud, wrongful foreclosure, and challenges to escrow procedures to insurance, real estate, securities, antitrust and contract claims. We have represented banks and other financial institutions in class action lawsuits covering a wide spectrum from claims that proxy materials were false and misleading to cases in which the institutions were accused of overcharging customers. Most recently, we have litigated a number of financial institution cases concerning the mortgage business and mortgage-backed securities.
Quinn Emanuel mourns the loss of one of its name partners, Bill Urquhart. Bill joined the firm 31 years ago when it was just a few lawyers in downtown Los Angeles. Bill was a visionary and helped lead a transformation of the firm from a small litigation boutique to the largest and most successful litigation firm in the world, with over 800 lawyers in 23 offices on four continents.
In his legal practice, Bill was a sage counselor and trusted advisor for both plaintiffs and defendants, and for numerous Fortune 100 companies in their most important disputes — matters that usually involved tens of millions, if not hundreds of millions, of dollars. Over the years he advised IBM, Hughes, Johnson Controls, CNA, Nokia and Qualcomm, among many many others.
For the many people at the firm who were fortunate to know Bill, he was more than a visionary partner and excellent lawyer, he was also a friend, who lived and loved life. He was loved and will be missed.
He leaves behind his wife Mary and 6 children, and our thoughts are with them in this time of grief.