Peter S. Russ
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Peter S. Russ

Shareholder

Managing Shareholder, Pittsburgh Office

Chair, Pittsburgh Office Litigation

Chair, Financial Services Litigation Group

Pittsburgh, PA
New York, NY
San Diego, CA
 
  • Obtained a Delaware Chancery Court verdict in excess of $26 million on behalf of a national financial institution in an action brought under Delaware's statutory cash-out merger laws.
  • Won a federal court judgment on behalf of a national investment firm in excess of $21 million while simultaneously obtaining a defense verdict on a related securities fraud action.
  • Served as a member of the litigation team that secured a $249 million jury verdict on behalf of a steel company for the breach of a long-term coal supply contract and related business torts.
  • As lead counsel, represented the administrative agent for a group of lenders in the sale out of receivership of approximately 60 acres commonly known as The Campus at Playa Vista, a retail/commercial project located in Los Angeles, CA, on historic property formerly owned by billionaire industrialist Howard Hughes, Jr.
  • Served as lead trial counsel on behalf of the holders of approximately $100 million of tax exempt municipal bonds secured by two major metropolitan New York City hotels. After a one month bankruptcy court trial, relief was granted which lead to a significant multimillion dollar recovery beyond the bondholders' initial investment.
  • Obtained dismissal, with prejudice, of a lender liability action brough against Huntington National Bank.
  • Successfully defended the outside directors and members of the audit committee of a public company in a securities fraud class action.
  • Successfully defended a seven member national bank syndicate in a multimillion dollar lender liability action brought in an Arizona state court.
  • Obtained a defense verdict and secured a million dollar judgment and equitable relief from a West Virginia federal court on behalf of a security alarm company in an action for tortious interference and other business torts.