Linda Dakin-Grimm is a partner resident in the New York and Los Angeles offices of Milbank, Tweed, Hadley & McCloy and a member of the firm’s Litigation & Arbitration Group.
Primary Focus & Experience
A Milbank partner since 1999, Ms. Dakin-Grimm has successfully handled numerous jury and bench trials, appeals and arbitration proceedings across the US. Ms. Dakin-Grimm represents performing rights organization BMI in disputes with the television and radio industries over use of copyrighted music. In 2010, Ms. Dakin-Grimm won in trial, on behalf of a group of secured lenders, a hotly contested “cram-up” fight in the US Bankruptcy Court in the Southern District of New York, defeating both the Debtor and the Creditors’ Committee’s efforts to reinstate secured debt of Young Broadcasting. The court’s lengthy decision was reported at 430 B.R. 99 (Bankr. SDNY 2010). In 2007, she won a five-week jury trial in the US District Court for the Central District of California, concerning the breach of a stock purchase agreement. In 2006, Ms. Dakin-Grimm prevailed in a two-month trial in the US Bankruptcy Court in Delaware, on behalf of a consortium of banks who disputed the enterprise value of a Debtor. That case was reported at 356 B.R. 364 (Bankr. D. Del 2006). She represented eight US insurers and their European parents in a well-publicized dispute with the California Department of Insurance, over the Department’s purported regulation of European life insurers. The US Supreme Court ruled in favor of Ms. Dakin-Grimm’s clients. Ms. Dakin-Grimm repeatedly has won significant financial victories for property/casualty insurers and reinsurers in confidential arbitration disputes.
Recognition & Accomplishments
Ms. Dakin-Grimm has consistently been ranked as a leading lawyer by Chambers USA (Band 1), Benchmark Litigation, The International Who’s Who of Business Lawyers and The Best Lawyers in America. Ms. Dakin-Grimm is a frequent speaker. She co-chaired the 2010 ARIAS Spring Meeting, and has spoken frequently at ARIAS and other industry conferences.
Ms. Dakin-Grimm’s numerous publications have appeared in: the National Law Journal, The Deal, Directors Monthly, Business Valuation, The Lawyer, National Underwriter, Best’s Review, Business Insurance, California Litigation, California Management Review, Corporate Conduct Quarterly, California Law Business, Reinsurance, Mealeys Reinsurance, and Verdicts & Settlements.