The leader of Pallas LLP’s New York practice, Duane Loft is an experienced commercial litigator, with experience representing clients in cross-border, bankruptcy and restructuring disputes. Recent standout cases include representing Portage Point Partners and its founder in a RICO action resulting from Chapter 11 proceedings.
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Work Department
Commercial Disputes / International Litigation / Restructuring (including bankruptcy)
Position
Duane leads Pallas’s New York practice. He represents clients in complex commercial litigation, with a particular focus on restructuring disputes, contested issues in bankruptcy, and cross-border litigation. An experienced trial lawyer, Duane is regularly called upon to provide courtroom leadership for creditors, institutional shareholders, and fund principals in cases where litigation drives recoveries.
In the area of restructuring litigation, Duane has represented ad hoc groups of creditors in a number of significant corporate bankruptcies, including the Chapter 11 cases of Intelsat S.A. and LBI Media, in each case serving as trial counsel in multi-week hearings on contested plans of reorganisation.
In cross-border disputes, Duane has helped recover billions of dollars for institutional investors, including through Section 1782 discovery proceedings that have led to precedent-setting decisions in district and appellate courts throughout the United States.
Find out more: https://pallasllp.com/team/duane-l-loft
Education
Fordham Law School, J.D., magna cum laude; Notes & Articles Editor, Fordham Law Review; Order of the Coif (top 10% of class); Fordham Prize
Fordham University, B.A., summa cum laude, Comparative Literature
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Key clients
- Ad hoc group of Hertz euronotes holders
- Ad hoc group of holders of Bombardier’s 2034 notes
- Ad hoc group of former SINA shareholders
- Ad hoc group of dissenting shareholders of 58.com
- Oasis Management
- Alpine Partners
- Ad hoc group of dissenting shareholders of 51job
- Ad hoc group of former Jardine Strategic Holdings shareholders
- Cyrus Capital Partners
- Portage Point Partners
- Ad hoc group of former shareholders of Argo Group
- My.Alpha Management
- HG Vora Management
- Ad hoc group of Revlon unsecured noteholders
- Joint voluntary liquidators of Income Collecting 1-3 Months T-Bills Mutual Fund
- Fortelus Funds Investments Trust
- Whitebox Advisors
- Oasis Management
- Antara Capital
- Fortress Investment Group
- Tresidor Capital
- SVP Global
Work highlights
- Representing an ad hoc group of holders of 2034 notes of Bombardier in litigation alleging events of default and related claims against Bombardier, Bank of New York Mellon as indenture trustee, and Canso, an investment management services firm.
- Defending Portage Point Partners and its founder and Managing Director in a RICO action arising from the Chapter 11 restructuring of Bouchard Transportation.
- Successfully represented and advised Oasis on Section 1782 proceedings in support of the Bermuda appraisal litigation of Brookfield Infrastructure’s $13.3bn acquisition of Triton International.