News 19 Dec. 2019
Curtis Wins in London for Federal Airports Authority of Nigeria
News 18 Apr. 2016
Curtis gains recognition in new Africa publication
News 26 Feb. 2020
Curtis Secures Comprehensive Victory for the Republic of Kazakhstan’s Committee of Roads
News 24 Jan. 2020
Curtis defeats $400 million investment treaty claim brought against India
Client Alert 07 Apr. 2020
Italy Insight: Care Decree Against COVID-19 (Coronavirus): a Company-Oriented Analysis
Client Alert 03 Apr. 2020
EU Insight: COVID-19 (Coronavirus) – Regulatory Measures and Announcements
Client Alert 26 Mar. 2020
Mexico Insight: COVID-19 (Coronavirus) Legal Implications
News 18 Dec. 2019
Six Curtis Partners Featured in Who's Who Legal - Arbitration 2020
Event 31 Jan. 2020
Partner Antonia Birt Speaks at 5th Annual GAR Live Abu Dhabi
Publications 15 Jan. 2020
Antonia Birt publishes IBA Arbitration Country Guide for the UAE
U.S. Insight: CARES Act Provisions for Small Businesses and Individuals
Client Alert 27 Mar. 2020
U.S. Insight: Data Security and Protection in the New Work-From-Home Regime During Coronavirus/COVID-19
Client Alert 08 Apr. 2020
Mexico Insight: COVID-19 (Coronavirus) / Technical Guidelines Relating to the Activities Outlined in the Health Secretary’s Decree of 31 March 2020
News 16 Feb. 2012
New York, February 16, 2012 — Attorneys from Curtis, Mallet-Prevost, Colt & Mosle LLP represented Lehman Brothers Holdings Inc. ('LBHI') and its affiliated debtors and debtors-in-possession in a $700 million settlement of claims filed against LBHI by funds sponsored or managed by JPMorgan Chase Bank, N.A. (the 'Funds').
In a claims objection filed in the Lehman bankruptcy proceedings, the Lehman Debtors and the Official Committee of Unsecured Creditors argued that the Funds application of more than $710 million of LBHI collateral as purported 'affiliates' of JPMorgan Chase Bank, N.A. was improper and was an overreaching attempt by JPMorgan to cover the losses of the Fund's customers.
The Curtis Lehman team, which acts as conflicts counsel to LBHI, conducted extensive negotiations with counsel to The Funds and counsel to JPMorgan Chase Bank, N.A. to settle the matter.
The agreement calls for The Funds to return approximately $700 million of cash collateral to LBHI, representing an approximate 98% recovery for the Lehman Debtors. These funds will be available for the first distribution to be made to LBHI's creditors under the Chapter 11 Plan. The settlement transaction resulted in significant benefits to the estate by avoiding the costs, delay and litigation risks associated with having to prosecute the issues raised in the claims objection. The Funds will retain $15 million of the collateral.
The Curtis team of lawyers was led by partners Joseph D. Pizzurro, L. P. Harrison 3rd, Daniel R. Lenihan, Michael J. Moscato, Nancy E. Delaney, and Andrew H. Seiden; counsel Susan F. Pollack, and associates Peter J. Behmke, Dienna Ching and Matthew C. Lischin.
The Official Committee of Unsecured Creditors was represented by Quinn Emanuel Urquhart & Sullivan, LLP.
Curtis, Mallet-Prevost, Colt & Mosle LLP is a leading international law firm providing a broad range or services to clients around the world. Curtis has 15 offices in the United States, Europe, Central Asia, the Middle East and Latin America. The firm's international orientation has been a hallmark of its practice for nearly two centuries. For more information about Curtis, please visit www.curtis.com or follow Curtis on Twitter (twitter.com/curtislawfirm) and Facebook.com/Curtis.Careers).
Nancy E. Delaney
Lynn P. Harrison III
Daniel R. Lenihan
Michael J. Moscato
Joseph D. Pizzurro
Andrew H. Seiden