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Kathy Patrick is a partner at Gibbs & Bruns LLP, a premier litigation boutique based in Houston. In her 33 years of trial practice, Kathy’s cases have run the gamut of high profile, high dollar, and high-risk cases. She has 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 has also pursued commercial cases for clients seeking to enforce leveraged buyout agreements, construction contracts, and corporate indemnities. On the defense side, 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. Kathy’s representative clients include: Occidental Petroleum Corporation, ExxonMobil, PIMCO, BlackRock, Trust Company of the West, Invesco, Western Asset Management, the former outside directors of Enron Corporation and the State of Arizona.
In the wake of the financial crisis, Kathy led a team that pursued recoveries for a group of 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, Residential Capital, and Lehman Brothers. Forbes magazine profiled Kathy’s RMBS efforts and called her “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.”
Kathy’s national recognition includes being named one of the “20 Most Influential Women in Securities Law” by Law 360, 2016; a “Premier Woman in Law” by the Association of Women Attorneys, 2015; and a “Top Ten Change Agent” in the “US Innovative Lawyers” feature by the Financial Times, 2012. She was named in “The Best of the Best USA” as one of the “Top 30 Litigators” in the U.S. by Euromoney Legal Media Group, 2015. She was named “Overall Outstanding Practitioner” and “Best in Litigation” by Euromoney Women in Business Law Awards, 2012-2013. She was named “Overall Female Litigator of the Year” and “Texas Litigator of the Year” by Benchmark Litigation, 2012. Texas Lawyer featured Kathy in “Winning Women,” 2011, and “Extraordinary Women in Texas Law,” the inaugural issue, 2008.
Benchmark Litigation has named Kathy to its “Top 250 Women in Litigation” list every year since 2012. Kathy is recognized in Chambers USA as a “Star Individual” in Securities and Commercial Litigation; Legal 500, as a Leading U.S. Trial Lawyer, 2011-2018; and in Best Lawyers in America, in the areas of Bet-the-Company Litigation, Commercial Litigation, and Securities Law, 2008-2018.
Last updated October 2018