A Partner in the Paul, Weiss Litigation Department for over 25 years and co-chair of the Department for the past six years, Allan Arffa is a highly experienced trial lawyer and general commercial litigator who handles securities, media and entertainment, bankruptcy, insurance, employment and other commercial matters in State and Federal courts, as well as arbitration settings, throughout the country.
In particular, Allan has a long and successful track record, making him a “go-to” trial lawyer for high profile clients in their most significant litigations. Recently, Allan has achieved a string of major victories for Paramount Pictures, Aurora Bank and Bank of New York Mellon. In addition, he is consistently ranked in U.S. News & World Report as one of the “Best Lawyers” for both Commercial Litigation and Media Law.
Allan is currently the co-chair of the Investment Funds Litigation practice group in the Department.
Experience — Paramount Pictures Corporation in a trial in the U.S. District Court for the Southern District of New York. Paramount had been sued by four investors in a slate of 25 films. The trial resulted in a judgment dismissing all claims against Paramount, including claims of federal securities fraud, common law fraud and unjust enrichment;
Aurora Bank in defense of litigation brought by Allonhill, a mortgage due diligence firm, which went to trial in Colorado State Court, Denver County. 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. 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 of over $28 million;
Bank of New York Mellon as an indenture trustee in a matter brought in New York State Court by noteholders seeking approximately $1 billion in damages. The action was ultimately dismissed in full prior to trial.