Philippe Adler represents public and private companies as well as individuals in federal and state courts and before the American Arbitration Association in disputes involving business torts, bankruptcy, fiduciary duty claims, and alleged breaches of contracts in the financial services, real estate, and hospitality industries. Mr. Adler also frequently represents AmLaw 100 law firms in defense of claims of malpractice, and has represented corporate officers and directors in multidistrict securities fraud and RICO litigations.
- Ongoing representation of Caesars Entertainment Corporation in defense of federal and chancery court lawsuits brought by various creditor groups alleging that certain transactions violated the terms of bond issuances and the Trust Indenture Act. The case is scheduled to go to trial in August of 2016.
- Representation of an international law firm in defense of claims for breach of fiduciary duty, breach of contract, and malpractice brought by one of the world's largest banks in New York state court in connection with a $75 million loan the bank made (and on which our client advised the bank). The borrower thereafter pled guilty to fraud. The bank sued our clients claiming they were responsible for not uncovering the fraud.
- Ongoing representation of an investor in Bear Stearns at trial before FINRA alleging an over $20 million securities fraud against J.P. Morgan in its capacity as successor to Bear Stearns.
- Representation of a high-level executive of Merrill Lynch in connection with an arbitration before FINRA pertaining to the terms of his departure from the bank. Following a multi-day trial, the matter resulted in a multimillion-dollar award.
- Representation of an international law firm and a number of its partners in defense of claims including breach of fiduciary duty, fraud, malpractice, unjust enrichment, and breach of contract filed by a former client of the firm, as well as related claims of breach of fiduciary duty and fraud brought by a former partner, all pertaining to real estate and financing transactions valued in excess of $1 billion.
- Representation of a major hospitality group and its directors and officers in litigation in trial and appellate courts in New York and Florida related to the operation of hotels in Miami Beach and corporate transactions, and also concerning a proxy fight and associated lawsuits. The matters settled successfully for our clients.
- At the request of their new employer, Mr. Adler and the firm represent three top executives of a major insurance company, who resigned from their previous employer, also a large insurance company. The former employer alleges that the move was a "raid" and signifies a breach of the executives’ fiduciary duties.
Columbia Law School, J.D. (1989)
Columbia College, B.A. (1986)
State of New York
U.S. District Courts for the Southern and Eastern Districts of New York
U.S. Court of Appeals for the Second Circuit
U.S. Supreme Court