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Brian D. Koosed

Partner
+1.202.778.9204
Fax +1.202.778.9100
+1.212.536.4891
Fax +1.212.536.3901

Mr. Koosed is a partner resident in K&L Gates’ Washington, D.C. office whose practice involves the representation of corporations and financial institutions in a broad range of complex commercial litigation and disputes.

Specifically, Mr. Koosed has extensive experience with the retail and financial services sectors, particularly in the context of adversary proceedings arising out of complex Chapter 11 bankruptcies. Mr. Koosed also has extensive experience with defending and prosecuting breach of contract and business tort claims and the defense of class action disputes.

Mr. Koosed also has extensive experience with shareholder and M&A “deal” disputes, including shareholder derivative suits challenging public company M&A transactions, suits asserting entitlement to escrowed portions of a purchase price pursuant to post-closing indemnity obligations, and suits challenging whether pre-closing conditions have been met and/or post-closing earn-outs have been triggered or are otherwise owed.

Finally, Mr. Koosed also has significant experience in litigating civil disputes arising under the False Claims Act and RICO and with the firm’s appellate and e-Discovery Analysis and Technology (e-DAT) groups generally.

Additional Information

 
Publications
Mr. Koosed has authored or co-authored several articles and treatises addressing topics impacting the litigation and dispute resolution process, including:

  • Lead author, Disregarding the Corporate Form:  Why Judges, Not Juries, Should Decide the Quiddets and Quillets of Veil Piercing, forthcoming publication in the New York University Journal of Law and Business (Nov. 2016).
  • Sole author, Nevada chapter of the 50-state treatise State Class Actions:  Practice and Procedure, Wolters Klewer, 2009-present.
  • Lead author, Privilege Logs – Divergent Approaches in New York and Delaware, New York Law Journal, p. 5 (August 8, 2016).
Since joining the firm in 2005, Mr. Koosed has represented firm clients in complex commercial litigations in a variety of trial and appellate forums, including the New York state and federal courts and state and/or federal courts in Alabama, Maryland, Delaware, and Texas.  Mr. Koosed has also represented firm clients in a number of arbitral hearings pursuant to American Arbitration Association (AAA) and International Centre for Dispute Resolution (ICDR) rules.  In particular, Mr. Koosed’s experience includes:

Bankruptcy Adversarial Proceedings:

  • Mr. Koosed has represented a number of firm clients in various high-profile adversary proceedings arising out of complex Chapter 11 bankruptcies.  Representative engagements include:
  • Representing a prominent financial institution in a multibillion dollar lawsuit alleging various misconduct and bankruptcy (fraudulent transfer and preference) claims arising out of the Chapter 11 bankruptcy of a major telecommunications company;
  • Representing a prominent foreign bank in challenging an effort by certain creditors of a long bankrupt company to reopen and relitigate long-dormant claims discharged pursuant to the bankrupt company’s confirmed Chapter 11 plan;
  • Representing various banks and other financial institutions in connection with claims brought by the Lehman Brothers bankruptcy estate seeking to “claw back” certain payments made under certain swaps and other financial instruments; and
  • Representing various financial institutions in adversary proceedings seeking to recoup funds paid to shareholders of public companies in connection with the companies’ leveraged buyouts.

Shareholder and M&A Deal Disputes:

  • Mr. Koosed has also represented a number of firm clients in significant shareholder and M&A “deal” disputes, including:
  • Representing a major Real Estate Investment Trust (REIT) and certain of its affiliates, officers, and directors in a shareholder class action challenging the REIT’s tender offer for, and merger with, another public company;
  • Representing a major manufacturer in litigation against a private equity firm arising out of the private equity firm’s failure to close its purchase of one of the manufacturer’s lines of business under an asset sale agreement;
  • Representing a major REIT and certain of its officers and directors in a shareholder class action challenging the REIT’s externalization of management to a third-party manager; and
  • Representing various venture capital funds in litigation against a major generic drug manufacturer arising out of the generic drug manufacturer’s failure to make certain post-closing “Milestone” (earn-out) payments due under a merger agreement.

Breach of Contract and Business Torts:

  • Mr. Koosed has represented firm clients in various breach of contract and business tort actions.  Representative engagements include:
  • Representing one of the world’s premier luxury retailers in multi-jurisdictional litigation in state and federal courts in Alabama, New York, and elsewhere alleging breach of contract and fraud arising out of certain allegedly improper business practices;
  • Representing a prominent financial institution in connection with a challenge to its form contract documentation used to purchase millions of dollars worth of bankruptcy claims from creditors in high-profile Chapter 11 bankruptcies; and
  • Representing a major water and wastewater service company in seeking contract and “cost of cover” damages for breach of contract arising from an IT provider’s abandonment of an ongoing IT project for the service company.

Mr. Koosed’s specific representative matters include:

  • Jefferies Leveraged Credit Products, LLC v. Strategic Capital Resources, Inc., 2016 WL 4467550 (S.D.N.Y. Aug. 22, 2016) (successfully obtained summary judgment dismissing claim that client acted in bad faith);
  • Discover Growth Fund v. 6D Global Technologies, Inc., et al., 2015 WL 6619971 (S.D.N.Y. Oct. 30, 2015) (successfully defeated effort to attach client’s assets and vacated temporary restraining order);
  • American Water Resources, LLC v. Liu, 2013 WL 10767664 (Sup. Ct. N.Y. Co. Dec. 6, 2013) (successfully overturned government ruling subjecting client to prevailing wage provisions of New York Labor Law);
  • Frederick v. Corcoran, 2013 Md. Cir. Ct. LEXIS 5 (Md. Cir. Ct., Montgomery Co. Aug. 14, 2013) (successfully obtained dismissal of shareholder class action challenging public company merger);
  • In re Indu Craft, Inc., 2012 U.S. Dist. LEXIS 105219 (S.D.N.Y. July 27, 2012) (successfully defended bankruptcy court ruling on appeal), aff’d 580 F. App’x 33 (2d Cir. 2014);
  • Intertex Trading Corp. v. Ixtaccihuatl S.A. de CV and Industrias Quiltex S.A. de CV, 754 F. Supp. 2d 610 (S.D.N.Y. 2010) (successfully obtained dismissal of breach of contract claim);
  • U.S. ex rel. Becker v. Tools & Metals, Inc., 2009 U.S. Dist. LEXIS 27507 (N.D. Tex. Mar. 31, 2009) (successfully obtained dismissal of False Claims Act conspiracy claim);
  • Reno v. Mellon, 2009 N.Y. Misc. LEXIS 1562 (Sup. Ct. N.Y. Co. Mar. 31, 2009) (successfully obtained dismissal of breach of contract and defamation claims);
  • F G II, Inc. v. Saks Inc., 46 A.D.3d 305, 847 N.Y.S.2d 185 (1st Dep't 2007) (successfully obtained and defended on appeal a trial court ruling dismissing a breach of contract claim on forum non conveniens grounds); and
  • Wheeler v. Butler, 209 F. App’x 14 (2d. Cir. 2006) (successfully argued and briefed prisoner’s rights appeal) (pro bono).

A more complete list of Mr. Koosed’s representative engagements is available upon request.