Manhattan Judge Allows Latham To Drop Sanctioned Russian Bank as Client
But the judge warned that if the bank fails to name new attorneys by June 2, it "will be deemed in default."
May 03, 2022 at 06:00 PM
4 minute read
The original version of this story was published on Law.com International
Latham & Watkins will be permitted to drop its representation of one of Russia's largest state-owned banks in a lawsuit related to the 2014 downing of a passenger plane over Ukraine, a U.S. judge has ruled, but he warned that Latham's client will be found in default if it does not replace counsel within 30 days.
If the bank fails to name new attorneys by June 2, it "will be deemed in default, as a corporation may not appear in federal court except through an attorney," U.S. Magistrate Judge Gabriel Gorenstein wrote in an order issued Monday.
Judges can issue default judgments against parties that do not take a court-ordered action.
A team of lawyers at Latham had been defending VTB bank in the Southern District of New York since 2019. The family of Quinn Schansman, an American killed in the downing of a Malaysia Airlines flight over eastern Ukraine in 2014, has alleged that VTB and another Russian lender, Sberbank, funneled money to Russian separatists accused of shooting down the plane. The banks have denied the claims but last year lost a bid to have the case tossed on jurisdictional grounds.
Gorenstein said that if no attorney files a notice of appearance for VTB by June 2, Latham's attorneys will be permitted to withdraw from the case if they provide a sworn statement that includes contact information for the VTB representatives they worked with.
Last month, Latham lawyer Christopher Harris submitted a motion to withdraw from the litigation, stating that Latham is ending its relationship with the bank "on multiple matters" after VTB was sanctioned over the Russian invasion of Ukraine. The motion said the bank had agreed to allow Latham to withdraw.
Lawyers at Jenner & Block, the firm representing the Schansman's family, then wrote in a letter to the court that VTB was "exploiting" Latham's plan to withdraw from the case by attempting to delay discovery and refrain from handing over documents.
Lawyers at Latham and at Jenner & Block could not immediately be reached for comment.
Latham is not the only firm trying to extricate itself from the representation of a Russian state-owned entity. In the same case, defendant Sberbank filed a motion in March asking that the court stay action in the case, as its lawyers—from White & Case and Debevoise & Plimpton— are ending their relationship with the bank and "actively seeking substitute counsel to represent Sberbank in this action."
White & Case and Debevoise have not yet filed a motion requesting permission to withdraw, nor has substitute counsel filed a notice of appearance.
Other lawyers, too, have found that dropping a Russian client in light of the Russian invasion of Ukraine—even a government-sanctioned client—is not easy if there is ongoing litigation.
Last month, Freshfields Bruckhaus Deringer submitted a request to the District Court in Washington, D.C., asking that it allow another lawyer to take over the firm's representation of VEB Bank—another sanctioned bank tied to the Russian state—in ongoing litigation. It was able to provide the name of a lawyer as substitute counsel, but that lawyer, who is based in Connecticut, has not yet been admitted in Washington, D.C., and has not submitted a notice of appearance. If that happens, Freshfields would likely be able to end its involvement with the Russian bank.
But a British Virgin Islands court in March refused to grant offshore law firm Ogier permission to withdraw from its representation of VTB Bank, with Justice Adrian Jack saying: "even pariahs have rights."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllClifford Chance Under Fire for Human Rights Assessment of Saudi Arabia World Cup Bid
5 minute readTrump Win Ignites Global Legal Market: Lawyers Prepare for High Demand & Uncertainty
Big Law Practice Leaders 'Bullish' That Second Trump Presidency Will Be Good for Business
3 minute readLaw Firms Mentioned
Trending Stories
- 1King & Spalding E-Discovery Director Jumps to Nebraska Women-Owned Firm
- 2Nation's Largest Utility Parts Ways With CLO Who Helped It Navigate Bribery Scandal
- 3Advocates Renew Campaign for Immigrant Right to Counsel in New York
- 4From ‘Unregulated’ to ‘A Matter of Great Concern’: PFAS Regulation under Biden
- 5Public Interest Lawyers in NY Fear Rollback of Federal Loan Assistance in '25, Ask Gov. to Add $4M to State Program
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250