Clients & Cases
HSG, along with the American Civil Liberties Union, the ACLU of Colorado, and Towards Justice, represent several female pilots and flight attendants in cutting-edge workplace discrimination actions against Frontier Airlines that could establish important precedent on how employers must treat expecting and new mothers. The lawsuits are the first of their kind to be filed against the airline industry. Following a settlement in one case, Frontier Airlines agreed to keep in place recent changes to its policies, including that flight attendants are now permitted to safely pump during flight with the use of wearable breast pumps.
- Holwell Shuster & Goldberg Represents Visa in Swipe-Fee Litigation
HSG is lead trial counsel defending Visa in dozens of antitrust actions brought by some of the largest retailers in the world—including Target, Amazon, and The Home Depot—over payment card “swipe fees.” In September 2018, HSG helped Visa reach a historic $6.26 billion settlement with one of the putative classes of merchants—the largest known settlement of a private antitrust case in the 120-year history of the Sherman Act.
- HOLWELL SHUSTER & GOLDBERG REPRESENTED A MACANDREWS & FORBES COMPANY IN A MASSIVE ANTITRUST TRIAL AGAINST NEWS CORP.
HSG took to trial a massive antitrust case against a subsidiary of Rupert Murdoch’s media empire, News Corp. The case ultimately settled confidentially.
- HOLWELL SHUSTER & GOLDBERG REPRESENTS INVESTMENT FUND IN CUTTING-EDGE “COST OF INSURANCE” LITIGATION
HSG represents AIMCo, an investment fund owned by a foreign sovereign, and Wells Fargo, as a securities intermediary, in innovative, high nine-figure multi-district litigation against insurance carriers alleged to have improperly increased insureds’ premiums on “universal life” insurance policies. HSG has secured several important early wins in these high-profile cases, ensuring that the defendants’ alleged abuses will be adjudicated on the merits. Most recently, in litigation against AXA, the U.S. District Court for the Southern District of New York denied the defendant’s summary judgment and Daubert motions, allowing AIMCo’s claims for breach of contract, statutory fraud, and common law fraud to proceed.
- Holwell Shuster & Goldberg Represents Major Banks in More Than a Dozen RMBS Putback Cases
A pioneer in the area, HSG has acted as coordinating counsel to a government-sponsored entity on a portfolio of $1.5 billion in putback claims and secured hundreds of millions of dollars for trustees in putback litigations. HSG was appointed plaintiffs’ liaison counsel for dozens of coordinated putback cases pending in New York state court, and currently serves as the trustee’s litigation counsel in several of them. In the first of the coordinated cases to reach the summary judgment stage, HSG attorneys successfully opposed the defendant’s motion to limit the scope of its liability and damages, enabling the case to proceed to trial on all allegedly breaching loans.
- HOLWELL SHUSTER & GOLDBERG SECURES REVERSAL IN FIRST DEPARTMENT INSURANCE COVERAGE DISPUTE
HSG represented a primary insurance carrier and an excess carrier in a successful $286 million appeal in New York’s First Department in an insurance coverage dispute arising out of the SEC’s late-trading and market-timing investigation of Bear Stearns in the mid-2000s. HSG obtained a reversal of the trial court’s grant of summary judgment to the successors of Bear Sterns, convincing the court to hold that, as a matter of law, $140 million in SEC disgorgement imposed on Bear Sterns was an uninsured penalty.
- Holwell Shuster & Goldberg Represents Bondholder in Litigation Over $90 Billion Argentine Default
HSG represented Montreux Partners LP in complex litigation over Argentina’s default on $90 billion in bond payments. Montreux, which purchased discounted bonds following the country’s default, received a favorable ruling from the Second Circuit that lifted an injunction and allowed Argentina to pay out on profitable settlements with Montreux.
- HOWELL SHUSTER & GOLDBERG REPRESENTED PETSMART IN AN $8 BILLION DISPUTE WITH LENDERS
HSG represented PetSmart in a dispute with lenders concerning more than $8 billion in debt obligations – litigation at the cutting-edge of a broader industry-wide fight regarding corporate debtors’ rights.