Marc E. Kasowitz - Kasowitz Benson Torres & Friedman LLP

Marc E. Kasowitz

Listed in Best Lawyers since 2012
Phone: 212-506-1710

Described by CNBC as the "toughest lawyer on Wall Street" and by Bloomberg Financial News as an "uberlitigator,"   Marc E. Kasowitz is widely regarded as one of the preeminent trial lawyers in the country.  He has been profiled by The American Lawyer in an article entitled "Heavy Hitter" and in the cover story "Fast Rise to the Top."  Marc has been recognized by Benchmark Litigation as one of the country's top 100 trial lawyers.  He has been honored as a "Litigation Trailblazer" by the National Law Journal and was designated a "Securities MVP" by Law360, which noted that he "has made a career out of beating big banks."  Marc has also been recognized as one of the nation’s top litigators by publications including Chambers USA ("widely respected as an 'extremely talented litigator,'" praised by clients for "his 'tremendous trial experience,'"); Lawdragon 500 ("the cream of the crop"); Benchmark ("a unique, zealous, and exceptionally skilled advocate" "his guidance is extremely reliable and he is very client-focused and big picture-oriented"); The Legal 500 ("excellent across the board," "superbly talented lawyer," and "very much at the center" of the current spate of mortgage-backed securities litigation) and The Best Lawyers in America©.  Opponents cited by The American Lawyer have acknowledged Marc as a "powerhouse" and "the toughest of the tough guys," and a foreign publication has referred to him as "one of the most prominent and feared lawyers in the United States."

Marc regularly serves as national trial counsel in complex litigation in the areas of bank finance, fraudulent conveyance, RICO, corporate governance, antitrust, securities, mass tort, product liability, environmental, breach of contract, and other commercial cases.  Marc also has an extensive and successful track record in dealing with investigations and lawsuits by state attorneys general, including path-breaking settlements of attorney general tobacco litigation.  Marc has also conducted numerous internal investigations on behalf of boards of directors, management and special committees regarding alleged corporate misfeasance, conflicts of interest, challenges to board authority, insider trading, accounting fraud, market timing, obstruction of justice, market manipulation, and other issues relating to director and officer fiduciary responsibilities and liabilities.

Marc is the firm’s founding and managing partner.  Profiled by Law360 as one of the country's most innovative managing partners, he has been described as a "decisive leader."  He and the firm were also featured in a New York Law Journal cover story entitled "Kasowitz Holds Power Close as He Grows Firm, Lures Business."

Yale UniversityBA 1974Cornell UniversityJ.D. 1977
Advisory Committee, New York Supreme Court - Civil - Commercial DivisionBoard of Directors, New York Legal Aid Society

Case History

Harbinger Capital Partners

Harbinger Capital Partners, a prominent hedge fund and majority shareholder of LightSquared, Inc., in connection with litigations against LightSquared’s largest creditor in Chapter 11 bankruptcy proceedings. In one of these adversary proceedings, the bankruptcy court held – after a trial on the merits – that the creditor breached the implied covenant of good faith and fair dealing and the creditor’s misconduct warranted equitable subordination of its interest.

ACA Financial Guaranty Corp.

ACA Financial Guaranty Corp., a bond insurer, in its $120 million fraud suit against Goldman, Sachs & Co. and hedge fund Paulson & Co., Inc. for fraudulently inducing ACA to issue a financial guaranty for Goldman’s ABACUS CDO by deceiving ACA about Paulson’s role and financial interest in the transaction. Marc successfully argued the case before the New York Court of Appeals, creating precedent on the standards for reliance in fraud actions under New York law.

Association of Financial Guaranty Insurers

Association of Financial Guaranty Insurers – which represents the world’s largest monoline insurers – in winning a precedent-setting First Circuit decision concluding that a Puerto Rican law allowing the government to restructure its debt was unconstitutional and preempted by the Federal Bankruptcy Code.

AMC Networks Inc.

AMC Networks Inc. and affiliates in the defense of a lawsuit claiming that AMC engaged in "self-dealing" and other alleged improper accounting practices to the detriment of profit participants on the television series, The Walking Dead.


MBIA, one of the world’s largest monoline insurers, in litigation brought by 18 of the world’s largest banks seeking to overturn MBIA’s corporate restructuring which, with the approval of the New York Department of Insurance (now the Department of Financial Services), established a separate company for MBIA’s municipal bond insurance business. After a several-week trial, the New York Supreme Court ruled in favor of MBIA, upholding MBIA’s restructuring. Kasowitz thereafter obtained a settlement, which also covered put-back litigation, whereby the remaining banks agreed to drop their challenge to MBIA’s restructuring, and MBIA received $1.7 billion in cash and a $500 million line of credit for its municipal bond insurance business.

Federal Housing Finance Agency

Federal Housing Finance Agency, as conservator for Fannie Mae and Freddie Mac, in actions in federal and state courts against numerous financial institutions and individuals. The lawsuits sought rescission or damages from the banks for, among other things, their misrepresentations concerning pools of mortgage loans that underlie residential mortgage-backed securities the banks issued, securitized and sold to Fannie Mae and Freddie Mac. After prevailing on critical pre-trial issues, FHFA settled the actions brought by Kasowitz for over $2 billion, including a $1.25 billion settlement with Morgan Stanley.

Client Comments

"Marc Kasowitz is not only a great team leader, and a great strategist, but a great lawyer as well. I would not use any other firm."

"Marc Kasowitz is not only a great team leader and a great strategist, but a great lawyer as well. I would not use any other firm."

Office Location

1633 Broadway
New York, NY 10019
United States

Practice Areas

Commercial Litigation
Litigation - Bankruptcy
Litigation - Mergers and Acquisitions
Litigation - Real Estate
Litigation - Securities

Other Information

Gender: Male