logo

News

Firm news, commentary, and events.

Entries for 2016

KATE MATTHEWS TO PARTICIPATE IN THE 4TH ANNUAL SFIG RMBS SYMPOSIUM

KATE MATTHEWS TO PARTICIPATE IN THE 4TH ANNUAL SFIG RMBS SYMPOSIUM

Grais & Ellsworth LLP, November 15, 2016

Grais & Ellsworth Partner, Kate Matthews, will join Jason Kravitt from Mayer Brown on December 8, 2016 in a roundtable discussion to share their views on the benefits and shortcomings of arbitration and litigation. Please click here for more information or if you’d like to attend the conference https://www.imn.org/structured-finance/conference/Private-Label-RMBS-2016.

Grais & Ellsworth Protects Rights of Teenager with Pro Bono Win in the First Department

Grais & Ellsworth Protects Rights of Teenager with Pro Bono Win in the First Department

Grais & Ellsworth LLP, October 13, 2016

In collaboration with Lawyers for Children, Grais & Ellsworth served as pro bono counsel for a sixteen-year-old in an appeal to the New York Appellate Division, First Department. The Family Court had found that Eriq W. willfully violated a Family Court order of protection issued on behalf of his daughter and sentenced him to six months in prison. Eriq W. appealed the Family Court’s order, claiming that defects in the violation petition deprived Family Court of jurisdiction and violated his right to due process. The First Department ruled in favor of our client and unanimously confirmed the Family Court’s order.

BLOOMBERG BNA AND GRAIS & ELLSWORTH LLP PARTNER TO PRESENT A LIVE EVENT ON OCTOBER 6, 2016 ON MARKETPLACE LENDING

BLOOMBERG BNA AND GRAIS & ELLSWORTH LLP PARTNER TO PRESENT A LIVE EVENT ON OCTOBER 6, 2016 ON MARKETPLACE LENDING

Bloomberg BNA and Grais & Ellsworth LLP, October 03, 2016

Grais & Ellsworth LLP Partners, Owen Cyrulnik and Ross Wallin, will join industry leaders including Morgan Edwards, CommonBond, and Richard H. Neiman, Lending Club, to present an executive briefing on securitization and regulatory considerations for marketplace lending investors and how marketplace lenders can adapt to meet market demands for clarity in lending practices.

Attendees will earn up to 2 CLE credits. To learn more about this conference and register, please visit http://www.bna.com/marketplace-lending/.

TEAM G&E FOR THE CURE! JOINS THE FIGHT

TEAM G&E FOR THE CURE! JOINS THE FIGHT

Grais & Ellsworth LLP, September 13, 2016

Grais & Ellsworth LLP formed team G&E for the cure! and came together on Saturday, September 10, 2016, to support Susan G. Komen’s fight against breast cancer by competing in the 5K Race for the Cure through Central Park. Leading up to the race, team members worked hard to raise money for donations and the firm generously matched all of them with the team raising close to $13,000! Thanks to all of the race participants and to our supporters for making this a successful event.

ADDITIONAL VICTORY IN PRO BONO MATTER

ADDITIONAL VICTORY IN PRO BONO MATTER

Grais & Ellsworth LLP, August 08, 2016

Following the court’s decision to grant the relief we requested for our client, an inmate incarcerated at Attica Correctional Facility, Grais & Ellsworth filed a motion for attorney’s fees that was granted in part. The proceeds will be donated to the organization that referred the case, the Prisoners’ Legal Services of New York.

ROSS WALLIN TO SPEAK AT MARKETPLACE LENDING SEMINAR

ROSS WALLIN TO SPEAK AT MARKETPLACE LENDING SEMINAR

Grais & Ellsworth LLP, June 14, 2016

Ross Wallin will be speaking on an investor perspective panel at the SCI Marketplace Lending Securitisation Seminar on June 28, 2016 in New York. The panel will address how the investor view of marketplace loans and related securitizations is developing and the prospects of this sector becoming a mainstream asset class. Grais & Ellsworth LLP is also a sponsor for the seminar.

FDIC Announces $190 Million Settlement of Residential Mortgage-Backed Securities Claims with Eight Financial Institutions

FDIC Announces $190 Million Settlement of Residential Mortgage-Backed Securities Claims with Eight Financial Institutions

FDIC Press Release, June 02, 2016

 

Settlements

Settlements

Grais & Ellsworth LLP, April 22, 2016

So far in 2016, one Grais & Ellsworth client has entered into settlement agreements with certain defendants in connection with the client’s private-label mortgage-backed securities litigation for the gross aggregate settlement amount of $265 million. The client’s litigation continues against various other dealers and underwriters.

Success in pro bono matter

Success in pro bono matter

Grais & Ellsworth LLP, April 21, 2016

Grais & Ellsworth represents an inmate incarcerated at Attica Correctional Facility in a judicial challenge to a prison disciplinary proceeding that imposed a term of solitary confinement, loss of good-time credit, and suspension of privileges. After filing an Article 78 challenge to the disciplinary proceeding, in April 2016, the court held that our client was denied his right to call witnesses in his defense and his right to meaningful assistance from prison staff during the disciplinary hearing. The court granted all the relief requested: our client’s disciplinary record was expunged and his good-time credits and privileges were restored.

Grais & Ellsworth to speak on Litigation Funding at the CII Spring Conference

Grais & Ellsworth to speak on Litigation Funding at the CII Spring Conference

Grais & Ellsworth LLP, March 07, 2016

Grais & Ellsworth LLP will host a briefing on “The New Economics: Litigation Funding for Investors and Lawyers” at the Council of Institutional Investors Spring Conference. The session, which will feature special guest Burford Capital, is scheduled for Tuesday, March 22 from 4:00 – 5:30 PM at the Mandarin Oriental Hotel, Washington, DC. Don’t miss this timely discussion on litigation funding, a topic of increasing importance for both investors and litigators. For more information, please contact mpease@graisellsworth.com.

Owen L. Cyrulnik To Speak At The ABS Vegas Conference

Owen L. Cyrulnik To Speak At The ABS Vegas Conference

Grais & Ellsworth LLP, February 03, 2016

Grais & Ellsworth Partner, Owen L. Cyrulnik, will be a panelist at the ABS Vegas 2016 conference on the session entitled “Improving Bondholder Communication” taking place on Sunday, February 28th.  The ABS Vegas conference is organized by the Structured Finance Industry Group in association with Information Management Network.  Grais & Ellsworth is an active member of SFIG, and Mr. Cyrulnik serves on its Investor Committee, which advocates for investor rights.

FDIC Announces $62.95 million Settlement with Morgan Stanley Related to RMBS Claims

FDIC Announces $62.95 million Settlement with Morgan Stanley Related to RMBS Claims

FDIC Press Release, February 02, 2016

 

Grais & Ellsworth Hosts Book-Signing At The ABS Vegas Conference

Grais & Ellsworth Hosts Book-Signing At The ABS Vegas Conference

Grais & Ellsworth LLP, February 01, 2016

Investors attending the ABS Vegas 2016 conference on Monday, February 29th will have the chance to meet acclaimed author Mohamed A. El-Erian, Chief Economic Adviser at Allianz, at a book-signing event hosted by Grais & Ellsworth. El-Erian's latest book, "The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse,” was published on January 26, 2016.

In 2015, Grais & Ellsworth recovered more than $1 billion on behalf of its institutional investor clients.

In 2015, Grais & Ellsworth recovered more than $1 billion on behalf of its institutional investor clients.

Grais & Ellsworth LLP, January 08, 2016

 

Grais & Ellsworth Advises Birch Family Services

Grais & Ellsworth Advises Birch Family Services

Grais & Ellsworth LLP, January 04, 2016

Grais & Ellsworth advises Birch Family Services, a nonprofit organization that provides education and residential services to people with developmental disabilities. Birch Family Services has helped over 15,000 families since 1975.