The National Law Journal  recently presented “America’s 50 Outstanding General Counsel” report highlighting some of the most “important companies and organizations in the world” and the general counsels who “exemplify top lawyering skills and professionalism.”  PIMCO’s General Counsel, David Flattum, was among the in-house lawyers featured.  In a companion piece to this NLJ feature, “Counsel […]

HOUSTON, April 7, 2014 – Today, 18 institutional investors represented by Gibbs & Bruns LLP (“Institutional Investors”) announced they have reached an agreement with Citigroup (“Citi”) under which Citi will make a binding offer (“Offer”) to the Trustees of 68 RMBS Trusts issued by Citi to settle mortgage repurchase claims.  The Institutional Investors support the […]

In March 2011, Judge Daniels in the Southern District of New York approved the plan of distribution supported by client Carnegie Mellon University in the $815 million Westridge Capital receivership case, SEC v. WG Trading Investors, L.P. et al., 09-CIV-1750 (S.D.N.Y).  During the March hearing, Scott Humphries, representing Carnegie Mellon University and speaking on behalf […]

HOUSTON, November 15, 2013 – Today, 21 institutional investors represented by Gibbs & Bruns LLP (“Institutional Investors”) announced they have reached an agreement with JPMorgan under which JPMorgan will make a binding offer (“Offer”) to the Trustees of 330 RMBS Trusts issued by JPMorgan, Bear Stearns and Chase to settle mortgage repurchase and servicing claims.  […]

Benchmark Litigation and Benchmark Plaintiff, a Euromoney publication, named Gibbs & Bruns in the top tier of “Highly Recommended” litigation firms in its respective directories.  2014 marks the seventh consecutive year that the firm is recognized for its commercial litigation experience and client successes. Robin Gibbs and Grant Harvey are renowned across Texas. Kathy (Patrick)’s […]

  Gibbs & Bruns partner Kathy Patrick was named one of The University of Texas at El Paso’s (UTEP) “2013 Distinguished Alumni.”  Each year, UTEP honors select alumni who “stand out for their achievements, dedication, integrity and hard work.” During her tenure at UTEP, Kathy was a history major with a concentration in Soviet and […]

Gibbs & Bruns’ Kathy Patrick was interviewed by Reuters’ Karen Freifeld regarding her bond investor clients, recent cases, trends in securities litigation, and more. Kathy recently secured an $8.5 billion settlement with Bank of America on behalf of 22 institutional investors, including BlackRock and PIMCO, in connection with 530 securitization pools that issued over $424 […]

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 […]

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 […]

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 […]