Gibbs & Bruns LLP

Kathy Patrick

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Career

Kathy’s cases run the gamut of high profile, high-dollar, and high-risk matters. She represented clients pursuing recoveries for securities frauds in Brazil, Thailand, and Indonesia, the private prison industry, the waste disposal industry, and in mortgage-backed securities. She pursued commercial cases for clients seeking to enforce leveraged buyout agreements, construction contracts, and corporate indemnities. She successfully defended a client accused of a market allocation conspiracy in the North Sea, defended the outside directors of Enron and Westar in regulatory investigations and securities litigation, and is leading the defense of a large energy company in environmental and energy litigation.

In the wake of the financial crisis, Kathy led a team that pursued recoveries for 14 large institutional investors who purchased securitized mortgages that contained fraudulent or ineligible loans. Over a period of five years, Kathy and her team recovered more than $20 billion in cash and additional billions of dollars in mortgage servicing reforms from major financial institutions including Bank of America, JPMorgan, Citigroup, ResCap, and Lehman Brothers. Forbes called Kathy “the woman Wall Street fears most” and the Wall Street Journal called her “the secret weapon for big bond investors seeking to recover billions of dollars on faulty mortgage-backed securities.”