Partner

1633 Broadway
New York, NY 10019

+1 212 506 1974

40 & Under Hot List


Practice areas:

Commercial
Dispute resolution


Sarmad Khojasteh’s practice focuses on complex commercial litigation in state and federal courts, and in proceedings before state and federal regulatory agencies. Sarmad represents public and private companies, private equity and other investment firms, partnerships and individuals in industries including financial services, real estate, insurance, media and manufacturing. He handles a broad range of securities and credit-related matters, commercial and contract disputes, corporate governance issues, and governmental investigations for various companies, including MBIA, The Related Companies, and the Renco Group. Sarmad also has represented Iranians in connection with their political asylum applications, including an Iranian journalist accused of treason and an Iranian student fearing persecution based on his sexual orientation. 

Sarmad has been recognized on the Benchmark Litigation Under 40 Hot List, and as a “Rising Star” in New York Metro Super Lawyers.

Sarmad is a member of the firm’s Pro Bono Committee and serves on the Board of Directors for Legal Services of the Hudson Valley and on the Board of Directors for the Iranian American Bar Association’s New York Chapter, where he is Chair of the Pro Bono Committee.

Work Highlights:

  • Lead trial counsel representing investors and medicinal marijuana operators, including one of the largest U.S. Cannabidiol producers, in a $25 million-plus arbitration involving ownership dispute of Florida medical marijuana treatment center.
  • JDS Development Group in a lawsuit brought by a joint venture partner relating to JDS’s acquisition and development of a luxury Brooklyn residential property.
  • Successful bench trial in federal court on behalf of an individual lender against a real estate developer, resulting in an award of approximately $13 million.
  • A private equity firm in an internal investigation arising from allegations that a current employee misappropriated confidential information from his prior employer.
  • A private equity firm in litigation defending against claims that it breached terms of a $750 million secured loan facility.
  • A private equity firm in an action against Goldman Sachs seeking damages in excess of $500 million arising from the 1MDB scandal, in which Goldman Sachs employees have been indicted.  
  • A leading international art dealer in lawsuit in which the dealer’s former client alleged breach of contract, tortious interference of contract, and fraud.  

 

Last updated July 2020