Securities: Institutional Plaintiffs: Mainly RMBS Litigation
USA Guide 2024 : New York
Band 1
Contact number
212 402 9400Chambers Review
McKool Smith boasts a strong litigation group noted for its representation of institutional investors acting as plaintiffs in securities litigation. The firm provides counsel to a number of financial institutions serving as administrators and trustees of RMBS trusts. It draws on broad experience handling complex financial litigation, as well as advising on matters such as antitrust disputes. The firm has a strong track record in bankruptcy-related disputes.
Work Highlights
- McKool Smith represented Nover Ventures as an investor in over 50 securitization trusts involved in In re Wells Fargo Bank, N.A. et al., Index No. 657387/2017, in Article 77 and related litigation concerning various parties' positions.
Strengths
Provided by Chambers
"I am thoroughly impressed with the depth, thought, commitment, level of detail and follow-up to their work product. They are outstanding."
"McKool is extremely commercial in its approach and always ensures timely communication and coordination among the disparate groups involved."
"They're tenacious, effective litigators and they have a very strong bench."
"I am thoroughly impressed with the depth, thought, commitment, level of detail and follow-up to their work product. They are outstanding."
"McKool is extremely commercial in its approach and always ensures timely communication and coordination among the disparate groups involved."
"They're tenacious, effective litigators and they have a very strong bench."
Notable Practitioners
Christopher Johnson has experience in a wide variety of complex civil litigation, with particular expertise representing institutional trustees in matters related to structured financial products, including in RMBS and CMBS disputes.
"His oral advocacy skills are really good. He's a strategic thinker who always thinks of things from a different angle and is easy to work with."
"Chris is highly personable and professional."
Courtney Statfeld focuses on pursuing recoveries on MBS portfolios and regularly represents major institutional investors, including global banks.
"Courtney always listens and responds to my questions and concerns, and she has extensive knowledge in contract law and, in particular, mortgage trusts."
"She is an expert in RMBS and commercial securitization, and is very responsive and attentive."
David Schiefelbein focuses his practice on the representation of investors and trustees in complex litigation involving mortgage-backed securities, collateralized debt obligations and other financial products. He has a wealth of experience advising on Article 77 proceedings.
Robert Scheef has a long track record of success in RMBS putback litigation. He often acts for major financial institutions in their role as trustees in such matters, and also handles cases involving other complex financial products.
"Robert thinks outside the box and has brought some great ideas about how to attack different matters in the case. He's very intelligent and loves what he does."
"Rob is a great litigation partner who has a thorough and in-depth understanding of the complexities of mortgage-backed securities."
Ranked Lawyers at
McKool Smith
New York