About

Provided by Wollmuth Maher & Deutsch LLP

Wollmuth Maher & Deutsch boasts a strong track record and has achieved significant recoveries on behalf of its clients against motivated, heavily resourced, and well-represented corporate defendants. The Firm also has an impressive track record on the defense side. Experience on both sides of the “v” gives the Firm unique perspectives to leverage in order to advance its clients’ interests and provide clear, actionable advice.

Recent work highlights include:

  • Wollmuth Maher & Deutsch has represented several clients in more than twenty actions against banks that served as trustees of residential mortgage-backed securities, asserting claims relating to the trustees’ failures to satisfy their contractual, statutory, and common law duties.

  • Wollmuth Maher & Deutsch represented certain subsidiaries of EssilorLuxottica SA, which were victims of international cybercriminals who stole more than $270 million through 243 fraudulent payment orders from an account held at a major money center bank in New York.

  • Wollmuth Maher & Deutsch represented Preston Hollow Capital LLC in actions against Nuveen Asset Management LLC for tortiously interfering with Preston Hollow’s prospective business relations with municipal bond industry participants, as well as related defamation, and state and federal antitrust violations.

Chambers Review

Provided by Chambers

Litigation: General Commercial: Highly Regarded - New York

4
Band 4

What the Team is Known For

Wollmuth Maher & Deutsch is an impressive performer in a broad array of disputes arising from the financial crisis, offering deep expertise in matters involving RMBS and other structured products. It regularly acts for investors, guaranty insurers and government agencies, and boasts a strong track record achieving significant recoveries in claims against issuers, trustees, mortgage servicers and rating agencies. Additionally, the firm provides expertise advising clients on wider general commercial disputes such as trade secrets, consumer fraud and breach of fiduciary duty-related cases.

Work Highlights

  • Wollmuth Maher & Deutsch represented TransUnion and Argus Information & Advisory Services in a lawsuit filed by JPMorgan alleging that Argus, acting in its role on behalf of government regulators as an aggregator of anonymized consumer credit card data, misappropriated JPMorgan’s alleged trade secrets by using the data that it submitted to Argus to create synthetic (proxy) data for commercial purposes.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

David Wollmuth
1
David Wollmuth
1
Band 1
David Wollmuth acts in various suits against major financial institutions, including suing banks in relation to RMBS and CDO offerings. He is also well versed in handling complex antitrust and bankruptcy claims.

David is a great lawyer and advocate for his clients.

David knows how to run a business. He's a good, rational decision-maker, thinker and strategist, and he understands how to manage situations.

David is always able to provide clear, decisive advice and a high level of service.

David is an outstanding advocate and trusted counselor.

Ranked Lawyers at
Wollmuth Maher & Deutsch LLP

Provided by Chambers
Filter by
Band

New York

Securities: Institutional Plaintiffs: Mainly RMBS Litigation

David Wollmuth
1
David Wollmuth
1
Band 1

Members

Provided by Wollmuth Maher & Deutsch LLP