Stan Chelney

Recent representative engagements on behalf of financial institutions include:

• 
  Securing a $100 million arbitration award for a major international bank in an action concerning a negotiated risk transfer agreement.
   
• 
  Assisting a hedge fund to foreclose on collateral under a secured credit facility and in litigation to protect the value of its collateral.
   
• 
  Representing an international investment bank in two residential mortgage backed securities (RMBS) actions against monocline insurers.
   
• 
  Serving as national coordinating counsel on litigation affecting an investment portfolio of distressed life settlement assets.
   
• 
  Representing a real estate private equity fund in an insurance coverage dispute relating to environmental claims.
   
• 
  Representing an investment bank in civil actions and government investigations relating to tax shelter products offered by the bank.
   

Mr. Chelney’s representative engagements in the sports industry include:

• 
  Acting as lead litigation counsel for a professional soccer league and its member teams in an arbitration against a rival soccer league.
   
• 
  Advising a professional soccer club in a breach of contract action against a former business partner.
   
• 
  Representing the minority owners of a Major League Baseball club in an arbitration against the club’s General Partner concerning control of the franchise and damages arising from the team’s relocation.
   
• 
  Representing the professional football and basketball players associations in grievances over player suspensions and compensation and in collective bargaining negotiations.
   

Additional notable engagements include:

• 
  Representing the independent directors of a publicly listed company in the landmark Trenwick America case before the Delaware Chancery Court.
   
• 
  Representing a Texas natural gas storage company in disputes stemming from infrastructure projects in the northeast.
   
• 
  Successfully defending a computer consulting firm in a jury trial in federal court involving claims of negligence and breach of contract.
   
• 
  Defending an international telecommunications company in a Section 11 securities class action lawsuit arising from the company’s initial public offering.
   
• 
  Representing a Big 4 accounting firm in multi-district litigation arising from the collapse of Refco, Inc.