ProfessionalsGregory F. Laufer
1285 Avenue of the Americas
New York, NY 10019-6064
A partner in the Litigation Department, Gregory F. Laufer focuses his practice on commercial litigation matters. Greg's experience has involved representing clients in securities litigation, bankruptcy and restructuring matters, employment law, intellectual property matters and complex commercial disputes. He also has worked on international arbitrations, regulatory matters and internal investigations.
Greg's recent experience includes:
- Representation of Tesla’s directors, in investigations and litigation arising out of Elon Musk’s “going private” tweets.
- Representation of Turquoise Hill Resources (TRQ), an international mining company, and certain of its officers and directors, in the dismissal of a putative securities class action in the Southern District of New York regarding alleged misstatements made by TRQ about its financial performance as it related to a change in revenue recognition practices by a partially owned subsidiary.
- Representation of Goldman Sachs in a securities fraud case relating to large bond offerings in Southeast Asia.
- Representation of Nikola Corporation, a manufacturer of heavy-duty commercial battery-electric vehicles, and several of its officers and directors, in the dismissal of a putative securities class action in the District of Arizona, as well as ongoing related derivative litigation in Arizona and Delaware, regarding alleged misstatements about the company’s products and performances.
- Representation of Apollo Global Management and its affiliates and portfolio companies in connection with various securities litigations, regulatory inquiries and proceedings, commercial disputes, internal investigations and employment matters.
- World Wrestling Entertainment, in derivative actions concerning challenges to governance changes and relating to internal investigations.
- Alexion Pharmaceuticals, in a class action alleging misrepresentations and omissions about Soliris—a drug used to treat certain rare blood disorders.
- Representation of the outside directors of Amplify Energy in connection with civil, criminal and regulatory matters relating to an oil spill off the coast of Southern California.
- Representation of hedge fund and private equity fund clients in sensitive regulatory matters involving the Securities and Exchange Commission, the New York Attorney General, the New York Department of Financial Services and the Department of Justice.
- Representative clients include Apollo Global Management, The Blackstone Group/Blackstone Credit, HPS Investment Partners, Centerbridge Partners, BayPine, Davidson Kempner, Declaration Partners, Foresite Capital Management, GoldenTree Asset Management, Hudson Bay Capital, Nokota Management, PointState Capital, Clearlake, EagleTree, Gamut, Liberty Strategic Capital, Oak Hill, OceanSound, Sageview, TowerBrook, Värde, Sagewind, Crestview Partners, and Lux Capital.
- Representation of Oak Pacific Investments and Joseph Chen in connection with derivative litigation in New York state court relating to a challenged transaction on behalf of Renren, a China-based social networking service.
- Representation of the Metropolitan Transportation Authority and the New York City Transit Authority in various matters, including real estate disputes, Takings litigation, and public transportation access matters.
- Representation of current and former independent directors of NortonLifeLock in connection with multiple state and federal derivative litigations in California and Delaware court relating to certain accounting disclosures.
- Representation of AR Global, a sponsor and manager of non-traded REITs, in a lawsuit, including a two-week trial, in Delaware Chancery Court brought by a litigation trust asserting breach of fiduciary duty claims against AR Global and its founders.
- Representation of The Citco Group, the world's largest hedge fund administrator, and prevailing on summary judgment on all counts, just days before trial in a $220 million suit brought by Louisiana public pension funds stemming from their failed investment in a hedge fund managed by Alphonse “Buddy” Fletcher, Jr.
- Representation of Omega Advisors and Leon Cooperman in SEC proceedings alleging insider trading.
- Representation of Citigroup in the defeat of a multibillion-dollar arbitration claim brought by the Abu Dhabi Investment Authority related to its $7.5 billion investment in Citigroup
- Representation of Meridian Bioscience, and Ohio-based life science company, in the dismissal of a putative securities fraud class action alleging that Meridian made false and misleading statements regarding the regulatory compliance and safety and efficacy of one of its products.
- Representation of Aurora Bank in a trial in Colorado State Court, Denver County, in defense of a claim brought by Allonhill, a mortgage due diligence firm. Allonhill was hired by Aurora, a mortgage servicer, to conduct a foreclosure review ordered by federal regulators. Aurora had terminated Allonhill after undisclosed conflicts of interest came to light. After a trial, not only were all of Allonhill's claims against Aurora denied, but Aurora's counterclaims were granted, resulting in a judgment in Aurora's favor.
- Representation of all underwriters of over $20 billion in debt and equity securities issued from 2006 to 2008 by American International Group; action was settled with no payment by our clients.
- Representation of underwriters of residential mortgage-backed pass-through certificates securitized in 2006 and 2007 by Residential Capital LLC; action was settled.
- Representation of On Deck Capital in a Section 11 action that the lead plaintiff voluntarily withdrew after a motion to dismiss was filed.
Greg also represents clients in significant bankruptcy and restructuring matters. His recent experience includes:
- Diamond Sports Group, the nation’s largest owner of regional sports networks, in its chapter 11 cases filed in the Bankruptcy Court for the Southern District of Texas. In connection with its filing, Diamond entered into a restructuring support agreement with the company’s creditors that would eliminate over $8 billion of its outstanding debt.
- Brookfield in a restructuring of its portfolio company, Altera Infrastructure, a leading international midstream services provider to the oil and gas industry, through prearranged chapter 11 cases in the Southern District of Texas. Brookfield provided a $70 million DIP loan and participated in an approximately $95 million equity rights offering. The company’s plan provided for the restructuring of over $1 billion in liabilities.
- Brookfield Asset Management and Simon Property Group, the sponsors of Copper Retail JV LLC, a newly formed joint venture, in connection with the purchase of the operating assets of J.C. Penney under section 363 of the Bankruptcy Code.
On a pro bono basis, Greg has represented clients in civil rights litigation, asylum proceedings, unemployment insurance hearings and sentencing reduction proceedings. He has argued pro bono appeals in the United States Court of Appeals for the Second Circuit and the United States Court of Appeals for the Third Circuit.
Greg is also a member of the board of directors of Humanity in Action, an international nonprofit organization that educates and connects young leaders on issues related to human and minority rights.
Before joining the Firm, Greg served as a law clerk for Judge D. Michael Fisher of the United States Court of Appeals for the Third Circuit and former Chief Judge Curtis V. Gómez of the United States District Court of the Virgin Islands.
While in law school, Greg was an editor of the Cornell Law Review. He also interned in the chambers of Justice Asher D. Grunis of the Supreme Court of Israel in Jerusalem and for a prosecution team at the International Criminal Tribunal for Rwanda in Arusha, Tanzania.