Ranked in 2 Practice Areas

Star Individuals

Litigation: Securities

Texas

20 Years Ranked

1

Band 1

Litigation: General Commercial

Texas: Houston & Surrounds

5 Years Ranked

About

Provided by Kathy Patrick

USA

Practice Areas

Complex Commercial Litigation

Antitrust Litigation

Energy Litigation

Securities Litigation

Private Clients

Career

Kathy is a leading U.S. trial lawyer and a Fellow of the International Academy of Trial Lawyers, where she serves on the Board of Directors, and the American College Trial Lawyers.

Kathy’s career is highlighted by a successive run of high profile, high dollar, and high-risk cases:

• Forbes profiled Kathy as “the woman Wall Street fears most” for her recovery of over $20 billion in cash and additional billions in mortgage servicing reforms for 14 institutional investors in Residential Mortgage-Backed Securities (RMBS) from some of the largest financial institutions in America, including Bank of America, JPMorgan, Citigroup, Residential Capital, and Lehman Brothers in the wake of the financial crisis.

• Kathy’s $8.5 billion settlement deal with Bank of America in 2011 was the second-biggest civil settlement in history, second only to the tobacco settlements, and was approved after a nine-week trial in New York Supreme Court.

• The Financial Times named Kathy one of its “Top 10 Agents for Change” in the US in its 2012 Innovative Lawyers special edition, citing her groundbreaking portfolio of successes on behalf of major institutional investors.

• Kathy secured a $1.7 billion mid-trial settlement package for Huntsman Corporation in a tortious interference and fraud case against Credit Suisse and Deutsche Bank, including $1.1 billion in financing and $632 million in cash. This was the largest cash settlement every recovered for a busted leveraged buyout.

• From 2001 to 2007, Kathy led the Gibbs & Bruns team in representing the Outside Directors of Enron’s Board in defending over 100 cases and related regulatory investigations that arose from Enron’s collapse, working closely with her partner Robin Gibbs. When interviewed by AmLaw in January 2009 about this key settlement result for this group of clients, Kathy shared, “We don’t have a professional distance from our clients. For us, this is personal.”

• Summer of 2022 and 2023, she led the trial of a twelve-week, two-phase arbitration resulting in an interim award rejecting $900 million in claims for damages against her client arising from the Bayou Corne Sinkhole in Louisiana and a significant victory on her client’s counterclaim for specific performance. Kathy is Occidental’s “go to” counsel.

“She is a well-regarded, very good and aggressive litigator.”

“Kathy is a star. We really respect her.”

- Chambers 2024

“Kathy Patrick is a great lawyer with a complex practice. She really is a star and is feared. She is very good at what she does.”

“I’ve seen her in action and she is phenomenal. You do not want to be on the other side!”

“Kathy is a leader in the litigation space.”

- Chambers 2023

Kathy Patrick is Occidental’s ‘go-to’ figure for high-stakes issues.”

- Legal 500 2022

Chambers Review

Provided by Chambers

Chambers Guide to the USA

Litigation: Securities - Texas

Star Individuals
Individual Editorial
Kathy Patrick is often called upon to handle the most complex commercial disputes, and is especially accomplished in securities litigation.

Litigation: General Commercial - Texas: Houston & Surrounds

1
Band 1
Individual Editorial
Kathy Patrick is often called upon to handle the most complex commercial disputes, and is especially accomplished in securities litigation.

Strengths

Provided by Chambers

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Robin C Gibbs
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