News
Mar, 14
2013
GIBBS & BRUNS ANNOUNCES $400 MILLION SETTLEMENT IN NATIONAL CENTURY FINANCIAL ENTERPRISES LITIGATION
HOUSTON, March 14, 2013 – Gibbs & Bruns LLP announced today that it reached a $400 million settlement with Credit Suisse Securities LLC (“Credit Suisse”) on behalf of its clients in the National Century Financial Enterprises (“NCFE”) Securities Litigation. The $400 million settlement was reached two weeks before jury selection was slated to begin in […]
Oct, 23
2012
Gibbs & Bruns partner Laura Kissel was recently elected to membership in the Fellows of the Texas Bar Foundation. According to the Foundation, “Fellows of the Foundation are selected for their outstanding professional achievements and their demonstrated commitment to the improvement of the justice system throughout the state of Texas.” Laura focuses her practice on […]
Sep, 19
2012
Today, the holders of significant Voting Rights in more than $28 billion of Morgan Stanley-issued RMBS and $45 billion of Wells Fargo-issued RMBS sent a Notice of Non-Performance (Notice) to Morgan Stanley and Wells Fargo, as Servicer or Master Servicer, identifying specific covenants in Pooling and Servicing Agreements (PSAs) that the Holders allege Morgan Stanley […]
Jun, 01
2012
Gibbs & Bruns partner Brian Ross was named “Man of the Year” by The Leukemia & Lymphoma Society (LLS), Texas Gulf Coast Chapter, during a finale gala at River Oaks Country Club on June 1st. Brian raised more funds for this special 10-week campaign, Man and Woman of the Year, than any candidate in the campaign’s […]
May, 24
2012
Gibbs & Bruns partner Kathy Patrick was named “Best in Litigation” by Euromoney Legal Media Group inaugural Americas Women in Business Law Awards on May 24, 2012. The Women in Business Law awards recognize leading women lawyers from around the nation who were nominated by their peers and selected for the depth of experience in their areas of practice.
May, 15
2012
Robin Gibbs was named “Trial Lawyer of the Year” by TEX-ABOTA, the Texas chapter of the American Board of Trial Advocates, for 2012. Robin is the founding partner of Gibbs & Bruns LLP, a premier litigation boutique focused on high-stakes business and commercial litigation matters. ABOTA members select the “Trial Lawyer of the Year” […]
May, 14
2012
HOUSTON, May 14, 2012 –Today, seventeen institutional investors (RMBS Holders) represented by Gibbs & Bruns LLP and Ropes & Gray LLP announced they had achieved an agreement with Residential Capital LLC and its affiliated debtors (Debtors) to grant an $8.7 billion allowed claim to 392 residential mortgage backed securities trusts (the “Covered Trusts”) issued by […]
Mar, 05
2012
Read Alison Frankel’s “On the Case” Thomson Reuters article about this latest development for Gibbs & Bruns’ noteholder clients in the $1+ Billion NCFE Trial Against Credit Suisse here: The Countrywide mortgage-backed securities investors who have accused Kathy Patrick and her firm, Gibbs & Bruns, of being patsies in Bank of America’s proposed $8.5 billion MBS […]
Jan, 31
2012
HOUSTON (January 31) – Gibbs & Bruns LLP announced today that its clients have issued instructions to US Bank, Wells Fargo, and Deutsche Bank, as Trustees, to open investigations of ineligible mortgages in pools securing over $25 billion of Residential Mortgage Backed Securities (RMBS) issued by various affiliates of Morgan Stanley. Collectively, Gibbs & Bruns’ […]
Jan, 05
2012
Houston (January 5) – Gibbs & Bruns LLP announced today that its clients have issued instructions to US Bank and HSBC, as Trustees, to open investigations of ineligible mortgages in pools securing over $19 billion of Residential Mortgage Backed Securities (RMBS) issued by various affiliates of Wells Fargo. Collectively, Gibbs & Bruns’ clients hold over […]