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Richard G. Haddad

Otterbourg P.C.
New York City
Bankruptcy LawBet-the-Company LitigationBusiness LitigationClass Action Litigation
230 Park Avenue, New York, New York 10169

Richard G. Haddad

Otterbourg P.C.
New York City
Bankruptcy LawBet-the-Company LitigationBusiness LitigationClass Action Litigation
230 Park Avenue, New York, New York 10169
212-661-9100
rhaddad@otterbourg.com
www.otterbourg.com
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Bio

For more than 30 years, Mr. Haddad has specialized in the representation of banks, developers, hedge funds, commercial finance companies, insurance companies, businesses and entrepreneurs, and other institutional lenders in commercial and bankruptcy litigation in the State, Federal and Bankruptcy Courts and arbitration tribunals throughout the country.  Mr. Haddad regularly tries cases and handles arbitrations and appeals on a range of complex commercial matters, including fraud, breach of contract, foreclosure and real estate workouts, accountant’s liability, director and officer claims, lender liability, intercreditor disputes, and disputes involving mortgage-backed securities.  Mr. Haddad has argued precedent-setting appeals in commercial cases in the New York State Court of Appeals and the United States Court of Appeals for the Second Circuit, among other jurisdictions.

Cases litigated by Mr. Haddad include:

In re Jacobs (tried to verdict and sustained on appeal $200 million bank fraud);
Residential Accredit Loans, Inc. v. PIMCO, Goldman Sachs, Deutsche Bank, et al. (favorably settled litigation over discrepancy between free writing prospectus and pooling and servicing agreement in RMBS transaction);
Mervyns LLC v. Lupert-Adler, et al. (won dismissal of $800 million fraudulent conveyance action against trustee of RMBS trust);
LaSalle v. KPMG (prevailed in sustaining claim against accountants in the absence of contractual privity, leading to favorable settlement);
Fedders v. Goldman Sachs, Bank of America, et al. (prevailed in obtaining dismissal of breach of fiduciary duty and aiding and abetting action);
The Bank of New York v. Treco (obtained reversal of summary judgment in precedent-setting international insolvency case);
JMD Holding v. Congress Financial (created new law in New York’s highest court on enforceability of early termination fees in revolving credit transaction); and
Lexon Insurance Co. v. Wells Fargo Bank (obtained dismissal at trial court and on appeal of claim by customs surety in lien priority dispute).
Mr. Haddad is a Fellow of the Litigation Counsel of America, the Trial Lawyer Honorary Society, and was selected for inclusion each year since 2009 as a New York Super Lawyer by Super Lawyers Magazine.

Education:
B.A. University of Pennsylvania  1984

J.D.  Fordham Law School  1988

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