Martin
Flumenbaum
Partner
A senior partner in the Litigation Department (which he chaired from 1999-2005), and a member of the firm’s Management Committee, Martin Flumenbaum has achieved national recognition as both an outstanding litigator and corporate advisor. He regularly advises U.S. and international clients on a broad range of litigation issues, with an emphasis on securities, mergers and acquisitions, intellectual property, antitrust and white-collar criminal matters. He is a fellow of the American College of Trial Lawyers.
In January 2006, Mr. Flumenbaum’s representation of Hollinger International and American International Group (AIG) was featured in a cover story in
The American Lawyer, “The Life Savers,” in which Paul, Weiss was selected as the best litigation firm in the United States for the period in which Mr. Flumenbaum chaired the department. In 2005, Mr. Flumenbaum was profiled by the
National Law Journal for his work on Hollinger and other key cases, and featured in the publication’s special feature,
“Winning: 10 Profiles of Successful Strategies From Some of The Nation’s Top Litigators.” Mr. Flumenbaum has also been recognized as one of the leading litigators in the United States by
Chambers,
Law Dragon,
Super Lawyers and
Legal 500 and selected by
Best Lawyers in America as one of the leading lawyers in the United States in three separate categories, including “Bet The Company” litigation.
Mr. Flumenbaum regularly serves as trial and litigation counsel on commercial disputes and investigations for AIG, Hollinger International, Fitch Ratings, Skanska, Rhodia S.A., Banque Populaire, Sealed Air, Weight Watchers International, Metromedia, the American Society of Composers, Authors and Publishers (ASCAP), British Telecommunications, Plc., Fimalac, Fitch Ratings, Malaysian Broadcast Network Satellite System and others.
In a highly publicized trial in Delaware, Mr. Flumenbaum won a battle for corporate control involving Hollinger International, as well as a $30 million verdict against Conrad Black. Mr. Flumenbaum has also won a $47 million verdict in a dispute involving a complex tax-sharing agreement, and achieved a highly favorable multimillion dollar settlement of a dispute arising from an acquisition of a billion-dollar coal company. He successfully concluded a three-month international arbitration which was tried in both the United States and Singapore, in which his client recovered nearly $100 million. Currently, Mr. Flumenbaum is representing AIG, Metromedia, Weight Watchers, Fitch and others in various federal securities and general commercial litigation matters.
In his career, Mr. Flumenbaum has been retained to conduct numerous internal investigations by various corporations. Currently, he is representing insurance giant AIG, and in 2006, he negotiated its settlements involving brokerage practices and accounting issues with the U.S. Department of Justice, the U.S. Securities and Exchange Commission, the New York State Attorney General and the New York State Department of Insurance. In 2001 and 2002, Mr. Flumenbaum was retained by the Audit Committee of the Xerox Corporation to conduct an independent investigation of alleged company-wide accounting irregularities. Among his many matters, he has represented Digital Equipment in its extensive patent and antitrust litigation with Intel, and Sanwa Securities in connection with the Orange County bankruptcy. His experience is extensive in litigation dealing with complex securities, fraud and corporate mergers and acquisitions cases, and he regularly represents securities firms and investment banking firms before the Securities and Exchange Commission. Among other matters, Mr. Flumenbaum served as counsel for Michael Milken in proceedings involving the Department of Justice and the Securities and Exchange Commission.
Mr. Flumenbaum is a member of the board of directors and the executive committee of New York Lawyers for the Public Interest, a public interest civil rights organization in New York, and since 1985 has written a monthly column for The New York Law Journal, titled “Second Circuit Review,” which discusses significant decisions and legal trends in the federal courts. He has lectured on the attorney-client privilege and on the corporate and individual sentencing guidelines.
From 1979 to 1982, Mr. Flumenbaum served as an Assistant U.S. Attorney in the Southern District of New York, in which capacity he tried numerous criminal cases, concentrating in matters involving securities fraud, commodities fraud and tax fraud. He was also the lead prosecutor in the successful tax prosecution of Sun Myung Moon in 1982. In 1974, he became law clerk to Judge Whitman Knapp of the U.S. District Court for the Southern District of New York. He joined the firm in 1975 following his clerkship and became partner in 1983.