Securities: Institutional Plaintiffs: Mainly RMBS Litigation - New York
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.
Strengths
"The team at Wollmuth has demonstrated an intimate knowledge of the complexities of our case. At every turn there is an expert ready to handle the challenge."
Work highlights
Wollmuth Maher & Deutsch represented the City of Philadelphia and the Mayor and City Council of Baltimore in a class action against eight Wall Street banks alleging that the banks conspired to inflate the interest rates for variable rate demand obligations.
Notable practitioners
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. "He gets things done cooly, calmly and efficiently." "David is a first-class counselor."
William Maher is routinely engaged by financial institutions to handle diverse disputes in the MBS arena, and also offers a broader commercial practice including experience in antitrust and M&A disputes. "He is aggressive and fearless."
