September 9, 2020

AmLaw Names Milbank Litigation Partners Thomas Arena, Sean Murphy, & Robert Hora “Litigators of the Week”

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Milbank Litigation partners Thomas ArenaSean Murphy, and Robert Hora were named “Litigators of the Week” by The American Lawyer for achieving a major victory for their client The Putnam Advisory Company LLC (“Putnam”).

On August 27, 2020, Milbank secured what The American Lawyer described as “a knockout win” for Putnam in a three-and-a-half-week virtual trial before the Honorable Lewis J. Liman in the US District Court for the Southern District of New York. Judge Liman’s 221-page decision and order brings to an end an eight-year litigation arising out of a $1.5 billion collateralized debt obligation known as the Pyxis CDO.

Trial was originally scheduled for April 27, 2020 but was adjourned due to the COVID-19 pandemic and rescheduled for a virtual bench trial that began on July 6, 2020. In the interview with The American Lawyer, the partners discuss pivoting their trial preparation from an in-person format to Zoom without much prior precedent. Additionally, the team discusses why the stakes were particularly high for their client and how they built a case so strong that Judge Liman said, “The evidence was not close.”

The Milbank team representing Putnam was led by Litigation & Arbitration partners Thomas ArenaSean Murphy, and Robert Hora and included Litigation associates Samantha LovinAllison MarkowitzKingdar PrussienLacey Reimer and Brendan Walden.

To read the full article “Litigators of the Week: The Milbank Team That Made a Bench Trial Nearly a Decade in the Making a ‘Not Close’ Call for the Judge,” please click here.