A senior partner in the Litigation Department (which he chaired for six years), 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, commercial litigation, intellectual property, antitrust and white-collar matters. He is a fellow of the American College of Trial Lawyers.
Significant lead trial counsel representations include:
AIG in a number of high profile matters, including the negotiation of AIG's 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;
Banque Populaire Group and Caisse d'Epargne Group in connection with the final settlement reached by their jointly owned monoline subsidiary, CIFG Holding, Ltd., with credit default swap counterparties and bondholders holding 98 percent of its collateralized debt obligation (CDO) exposure. The agreement successfully resolved approximately $12 billion in potential exposure;
Électricité de France S.A., (EDF), the largest nuclear energy company in the world, at trial and in its settlement with Exelon Corporation and Constellation Energy Group in a regulatory proceeding before the Maryland Public Service Commission (PSC) involving the proposed $8 billion merger of Exelon and Constellation;
Fitch, Inc. in a number of high profile matters including an industry-wide settlement with New York Attorney General Andrew Cuomo, and the dismissal of more than a dozen securities cases involving the rating of non-prime residential mortgage-backed securities;
Hollinger International Inc. in achieving a major victory in a highly publicized trial in Delaware involving a takeover battle with controlling stockholder Conrad Black, and in its £729.5 million ($1.3 billion) sale of London's prestigious Daily Telegraph newspaper. Martin won a battle for corporate control involving Hollinger International, as well as a $30 million verdict against Conrad Black;
Michael Milken in proceedings involving the Department of Justice and the Securities and Exchange Commission;
Skanska USA in a grand jury investigation relating to minority business subcontractors, that resulted in a non-prosecution agreement;
Weight Watchers International in several significant trademark infringement actions, including a false advertising suit against Jenny Craig, Inc. and a trademark infringement lawsuit against Nestlé U.S.A., Inc., the manufacturer of Lean Cuisine products, and Dreyer's Grand Ice Cream, the manufacturer of Skinny Cow products; and
Has won multi-million dollar verdicts in multiple arbitrations, including a three-month international arbitration which was tried in both the United States and Singapore, in which his client recovered nearly $100 million.