Chair of the firm since 2008, Brad Karp is one of the country’s leading litigators and corporate advisers. Brad has extensive experience successfully defending financial institutions and other companies in “bet the company” litigations and regulatory matters. Prior to being named chair of Paul, Weiss, Brad chaired the firm’s Litigation Department.
Significant representations include:
- Apollo in various matters;
- Bank of America in several matters, including the litigations and regulatory matters arising out of Bank of America's 2008 merger with Merrill Lynch;
- Bank of New York Mellon in several matters, including the litigations and regulatory matters arising out of the bank's foreign exchange standing instruction orders;
- Bloomberg in various matters;
- Citigroup in multiple matters, including:
- its Second Circuit victory allowing corporations to enter into federal regulatory consent judgments without admitting wrongdoing;
- its arbitral victory defeating multi-billion-dollar claims brought by the Abu Dhabi Investment Authority (ADIA), arising out of its December 2007 $7.5 billion investment in Citigroup;
- its Southern District of New York jury trial victory defeating multi-billion-dollar claims by London-based private equity firm Terra Firma, which claimed it was defrauded in connection with its 2007 purchase of EMI;
- its New Jersey state court jury trial victory defeating a multi-billion-dollar lawsuit brought by Parmalat;
- its arbitral victory defeating a billion-dollar claim by a WorldCom investor who claimed he was defrauded by Citigroup and Jack Grubman, as a result of allegedly fraudulent research.