Lender Liability & Other Banking Financial Institution Litigation Sign Up for Publications SUB MENU We have an experienced U.S. practice litigating against major investment and commercial banks on behalf of other financial institutions, insurers and hedge funds. We have tried virtually every type of banking dispute, including lender-liability actions, suits by loan participants, actions arising out of letters of credit and other forms of commercial paper, commercial and residential foreclosure actions and loan fraud matters. In the last three years, we achieved two separate settlements of lawsuits against financial institutions that each exceeded $2 billion. The firm has also represented banking clients in dozens of matters involving issues including borrower fraud, wrongful foreclosure, and challenges to escrow procedures to insurance, real estate, securities, antitrust and contract claims. We have represented banks and other financial institutions in class action lawsuits covering a wide spectrum from claims that proxy materials were false and misleading to cases in which the institutions were accused of overcharging customers. Most recently, we have litigated a number of financial institution cases concerning the mortgage business and mortgage-backed securities. READ MORE Recent Representations Represented KKR in a dispute in which the plaintiff attempted to undo a $77 million sale of real estate to KKR. Quinn Emanuel obtained a complete dismissal of all claims against KKR on appeal. In the process, the New York Appellate Division issued a landmark decision establishing that the Uniform Commercial Code does not allow aggrieved debtors to unwind sales after they have closed. We achieved a complete appellate victory for our Spanish construction firm clients Cointer Concessiones and Grupo Azvi in their claims for gross negligence against Scotiabank Capital Markets and The Bank of Nova Scotia relating to a botched financial model that cost our clients tens of millions of dollars. Given the high standard for proving gross negligence, the court dismissed the claim on the pleadings in 2013; we appealed and had the claim reinstated in 2015. Following the completion of fact and expert discovery, the defendants moved for, and the court granted, summary judgment in 2018. We appealed again, and the appellate division again agreed with our arguments and reinstated the claim. The case will now proceed to trial. READ MORE Partners PARTNER Adam Abensohn New York View Bio vCard PARTNER Anthony Alden Los Angeles View Bio vCard PARTNER Jeremy Andersen Los Angeles View Bio vCard PARTNER Paul Baker London View Bio vCard VIEW MORE Who Works Here? Take a look and get to know the talented attorneys that are part or our team. LEARN MORE Who Are We? Learn more about our firm and what our attorneys have accomplished. LEARN MORE Ready To Reach Out? Locate the contact information for an office near you to get the conversation started. LEARN MORE © 2021 Contact Us Privacy Policy All rights reserved. Attorney advertising. Prior results do not guarantee similar outcome. Amounts listed may be aggregates. Design by SPINX Digital We use cookies to improve your experience on our website. By continuing to use our site, or by clicking ‘accept’ you agree to the use of cookies in accordance with our cookie policy. ACCEPT DECLINE Cookies Settings