Cahill Gordon & Reindel remains a favorite with its stable of loyal long-time clients, which include global cornerstones of the financial industry, as well as embattled individuals who turn to Cahill practitioners for counsel but probably hope to never see the firm (or any litigator) again. One of Cahill’s clients voices appreciation for the “comprehensive advice, with excellent strategic game plan” that the firm has become known for. Cahill is best known for its concentration in the commercial, securities, antitrust and white-collar crime capacities.
Operating from both the firm’s New York flagship as well as its DC location, Brad Bondi has become known as a trusted advocate for white-collar and securities enforcement matters. Bondi leads a team that is representing five large hospital funds as plaintiffs in connection with potential claims against Allianz Global Investors arising from the catastrophic implosion of Allianz’s Structured Alpha investment products. The allegations concern violation of federal securities laws and state common law claims. Total losses claimed exceed $10 billion. Bondi also represents former a KPMG senior partner and executive who is charged, along with four others, in a high-profile case with wire fraud and other offenses relating to the misappropriation by the defendants of confidential inspection information from the Public Company Accounting Oversight Board. “Over the years I have some to know Brad well and have trusted him on several important projects,” testifies a peer. Bondi is not the only partner in this group earning acclaim; Nola Heller represents a former asset manager who is charged for her alleged role in a $63 million scheme to place fraudulent bonds in discretionary client accounts. In March 2020, Heller served as lead trial counsel in a four-day evidentiary hearing regarding the client’s motion to withdraw her guilty plea. The response is also strong for Anirudh Bansal, a younger partner who is making a swift ascent. “I think Anirudh is first-rate,” opines a peer. “He was a junior to [celebrated former Cahill partner] David Kelley so he got excellent training and then had big shoes to fill, which he did. He stepped up in a big way, and I expect you’ll see more of him.”
In the commercial capacity, Tammy Roy is another younger partner making a rapid rise. A client addresses Roy as “a rock star” who “[has] command of facts without getting lost in details. [She has a] bright future.” Roy has taken the lead on several notable engagements as of late. She represents S&P Global in five related actions alleging that S&P made reckless misrepresentations in connection with the rating of a life settlement securitization. In March 2019, several claims were dismissed but others were allowed to proceed and are now in discovery. Roy also represented UBS in connection with a defamation claim filed by a former UBS employee-turned-whistleblower after UBS publicly refuted the plaintiff’s claims, which were published in a book, regarding the details of his role in a tax-evasion scheme allegedly implicitly endorsed by UBS. UBS also denounced the plaintiff and highlighted lapses of credibility in his story. The parties settled the matter in September 2020. Roy also represented UBS Financial Services in a putative class action filed in the Southern District of New York in October 2020. The named plaintiff sought to represent an alleged class of US citizens living abroad who she claimed had their UBS investment accounts frozen, converted to cash or closed without timely notification. At a pre-motion conference that was filed for in January 2021 in anticipation of UBS’s motion to dismiss, the plaintiff conceded that the court lacked subject matter jurisdiction and subsequently filed a stipulation of voluntary dismissal of all claims.
Cahill has long serviced Credit Suisse in cases straddling an intersection of securities and antitrust issues. Joel Kurtzberg, a recent addition to Benchmark’s litigation stars, has proven his mettle in having taken the lead on several of these matters. “Get Joel on your radar,” advises a peer. “He has earned it.” The team also includes long-time stars Herb Washer and Elai Katz, the latter known primarily for his antitrust acumen and the former frequently pivoting between securities, antitrust and commercial cases. “Elai is an antitrust secret weapon,” confides a peer. “He comes on like a bit of a street fighter, but you can tell by his writing – and he does a lot of it – that he is really studious and geeks out on this stuff.” Washer is said to be able to “do it all, while all the while being one of the more pleasant and well-spoken litigators you’ll encounter.” Others servicing Credit Suisse in various capacities include Sheila Ramesh and future star Jason Hall, as well as David Januszewski, a seasoned partner who receives near-universal acclaim from peers in the market. “David is fantastic, he should get national recognition,” insists a peer. Beyond his work for Credit Suisse, Januszewski also acts for Deutsche Bank. On behalf of this institution, Januszewski led a team (including Ramesh) that litigated a six-day bench trial in Connecticut seeking to enforce a judgment, secured by the bank in a UK court in 2013, against Alexander Vik and his offshore investment entity Sebastian Holdings, seeking to hold Vik liable personally as the Sebastian Holdings’ alter ego in Connecticut. Januszewski also prevailed on behalf of Deutsche Bank Trust Company Americas, securing a July 2020 dismissal in the Northern District of Illinois for a suit filed in March of that year in which plaintiffs filed their complaint against the bank, asserting claims for negligence, conversion, and contribution in connection with the transfer of securities alleged to have been funneled among various entities as part of a third-party’s long-running Ponzi scheme.
