Holwell Shuster & Goldberg LLP, Litigation

About

Provided by Holwell Shuster & Goldberg LLP

HSG is known for its ability to try high-stakes commercial cases--domestic and multi-jurisdictional--and the quality of its legal scholarship and writing. The firm has asserted and defended groundbreaking legal claims with the potential to change the way business is done across entire industries.

The firm’s founders are the Hon. Richard Holwell, a former S.D.N.Y. judge, and three of his former colleagues from White & Case: Michael Shuster, Daniel Goldberg, and Dorit Ungar Black. The firm draws talent from the finest law schools, clerkships, and firms. Today, HSG has approximately 70 lawyers, including multiple former Supreme Court clerks.

The firm:

Won a $2.4 billion trial verdict against Lehman Brothers related to mortgage-backed securities.
Took to trial and settled a massive antitrust claim on behalf of MacAndrews & Forbes against News Corp.
Argued for the petitioners before the Supreme Court in a case raising important questions over the scope of RICO.
Secured a $69.8 million award—approximately 99% of the amount sought following a trial on damages—for Melody Business Finance in litigation against Philip Falcone.

· Secured a dismissal at the trial and appellate levels of all claims against the NBA in a federal antitrust suit.

Is nationwide lead trial and appellate counsel for Chubb’s insurance companies in opioid coverage litigation.
Won a dismissal, affirmed on appeal, of claims brought by Carl Icahn against a prestigious M&A firm.

Chambers Review

Provided by Chambers

Securities: Institutional Plaintiffs: Mainly RMBS Litigation - New York

Band 1

What the Team is Known For

Holwell Shuster & Goldberg is a strong litigation boutique that is particularly highlighted for its representation of institutional plaintiffs in major securities litigation, with in-depth experience in bringing claims against leading financial institutions, investors and government entities. It is particularly well regarded for its strength in RMBS claims, calling upon an extensive track record of success in cases arising from the financial crisis. The firm acts for an impressive client base which includes high net worth individuals, investors, major corporates and sovereign states. It is also noted for its well-regarded offering in general commercial litigation, with a strong track record of success in defending against antitrust, mass tort and cost of insurance disputes.

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Work Highlights

Provided by Holwell Shuster & Goldberg LLP

Holwell Shuster & Goldberg represented Aenergy S.A. as claimant in multiple proceedings related to the termination of major energy contracts Aenergy held with Angola. Aenergy had 13 contracts worth $1.1 billion with Angola-owned entities, as well as a 25-year energy concession in Angola worth billions of dollars.

Strengths

Provided by Chambers

"The lawyers are all exceptional, very skilled top to bottom. What is impressive about them is that they connect clients to the subject matter expert needed instantly."