BakerHostetler has broad capabilities, acting for a combination of sovereigns, international businesses, and international organizations in both US and foreign courts, with standout involvements in asset recovery, particularly relating to sovereign bankruptcies. The firm has experience acting for clients in diverse industries, including tech, telecoms, and energy, and saw a standout success in the financial services space with its succsesful recovery of $14.6bn for the Securities Investor Protection Act Trustee for the global liquidation of Bernard L. Madoff Investment Securities LLC. Houston-based Sashe Dimitroff now co-heads the team, and has strong expertise across international damages claims and arbitral awards, with a noted focus on energy disputes, oil & gas litigation, and commercial fraud.  Other leaders of the team in New York include Oren J. Warshavsky , who takes the lead on global fraud and international asset recovery, as well as intellectual property cases, Gonzalo Zeballos, who has been active in the management of the Madoff SIPA case, alongside representing a diverse range of international businesses and individuals in commercial disputes, and David Sheehan, an experienced trial lawyer who is also active on asset tracing and recovery cases.

Legal 500 Editorial commentary

Key clients

  • Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC and the Securities Investor Protection Corporation
  • TGG Direct
  • Security Holder Representative of the Securityholders of Audiam, Inc
  • Joint Liquidators of Hellas Telecommunications (Luxembourg) II
  • SCA No
  • The Susan Zirkl Memorial Foundation Trust ]
  • Receiver for M3 Fund, a segregated account of Silk Road Funds
  • Libyan Asset Recovery and Management Office
  • Alpha Group, International
  • Jive Investments

Practice head

The lawyer(s) leading their teams.

Sashe Dimitroff, Oren Warshavsky, David Sheehan, Gonzalo Zeballos