Darryl G. Stein photo
Darryl G. Stein
Lawyer
New York
800 Third Avenue
New York, New York 10022
+1 212 488 1243
New York
800 Third Avenue
New York, New York 10022
+1 212 488 1243

Darryl Stein helps companies and individuals find solutions to complex commercial and financial situations arising from litigations, arbitrations and investigations, with a focus on cross-border matters involving judgment enforcement, financial products and insolvency. In these matters, he has represented financial services, technology and energy industry clients before U.S. and non-U.S. courts, tribunals and enforcement authorities.  He also has particular experience in matters involving distressed companies in insolvency and judgment enforcement situations. Mr. Stein also works with lawyers throughout the firm’s global offices to help clients obtain or oppose fact-gathering efforts in U.S. Courts under Section 1782.

Before joining Kobre & Kim, Mr. Stein practiced at Cleary Gottlieb Steen & Hamilton LLP.

Admissions

  • New York
  • U.S. Court of Appeals for the District of Columbia Circuit
  • U.S. Court of Appeals for the Second Circuit
  • U.S. Court of Appeals for the Ninth Circuit
  • U.S. Court of Appeals for the Eleventh Circuit
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the District of Colorado
  • U.S. District Court for the Eastern District of Michigan
  • U.S. Tax Court

Education

  • New York University School of Law, JD (New York University Annual Survey of American Law, Editor)
  • University of California, Berkeley, BA

Select Engagements

International Judgment Enforcement

  • Representation of an engineering company in enforcing a multibillion-dollar arbitration award against an African state.
  • Representation of a judgment creditor in Korea in the international enforcement of a default judgment affirmed by the Supreme Court of the Republic of Korea, against a judgment debtor with operations and assets in the United States, Hong Kong, the British Virgin Islands, Canada and several other locations.
  • Representation of the liquidators appointed by the Australian Tax Office (ATO) for two related Australian agricultural companies in pursuing further discovery under 28 U.S.C. Section 1782 in the U.S. District Courts for the Southern District of New York and the District of Colorado against several large financial institutions to produce records of money wiring in aid of contemplated proceedings to trace misappropriated funds belonging to the companies in liquidation.
  • Representation of a technology company in opposing the enforcement of arbitral award in the United States.

Insolvency

  • Representation of a special committee of the board of directors in an expedited investigation of potential causes of action in connection with an insolvency.
  • Representation of an Indian businessman to engage with a court-appointed examiner in a U.S. bankruptcy case pending before the Bankruptcy Court for the District of Delaware, who had been appointed to investigate our client’s role, if any, in an alleged fraud in India.
  • Representation of U.S. affiliates of a multinational telecommunications company in a cross-border bankruptcy dispute regarding the allocation of asset sale proceeds, including discovery, a six-week trial and related appeals.
  • Representation of a U.S. debtor in litigation with former employees.

Financial Products & Services Litigation

  • Representation of securitization trustees in multiple lawsuits against a major bank for breaching representations and warranties on the securitized loans.
  • Representation of investment funds in litigation over improper servicing of securitized loans.
  • Representation of high-net-worth individual defrauded by former financial adviser.
  • Representation of whistleblower in tax court proceedings.
  • Representation of an insurance company in an interpleader action regarding the pooling and servicing agreement for a mortgage-backed security, resulting in voluntary dismissal after successfully opposing the adversary’s dispositive motion.
  • Representation of a financial adviser to a board of directors in a post-closing merger litigation, which resulted in dismissal of all claims.
  • Representation of a pension plan in its claim against an insurance company for breach of fiduciary duty under the Employee Retirement Income Security Act.
 

Professional & Community Involvement

  • New York City Urban Debate League, Board of Directors
  • Federal Bar Council Inn of Court and Public Service Committee, Member

Publications & Presentations

  • Co-author, “The Future Of SEC Administrative Proceedings” (Law 360, January 2017)
  • Co-author, “The Importance Of Adequate M&A Disclosures To Stockholders” (Law360, July 2016)
  • Co-author, “Del. Enhances Post-Merger Defense for Directors, Advisers” (Law360, May 2016)

Credentials

Admissions

  • New York
  • U.S. Court of Appeals for the District of Columbia Circuit
  • U.S. Court of Appeals for the Second Circuit
  • U.S. Court of Appeals for the Ninth Circuit
  • U.S. Court of Appeals for the Eleventh Circuit
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the District of Colorado
  • U.S. District Court for the Eastern District of Michigan
  • U.S. Tax Court

Education

  • New York University School of Law, JD (New York University Annual Survey of American Law, Editor)
  • University of California, Berkeley, BA

Engagements

International Judgment Enforcement

  • Representation of an engineering company in enforcing a multibillion-dollar arbitration award against an African state.
  • Representation of a judgment creditor in Korea in the international enforcement of a default judgment affirmed by the Supreme Court of the Republic of Korea, against a judgment debtor with operations and assets in the United States, Hong Kong, the British Virgin Islands, Canada and several other locations.
  • Representation of the liquidators appointed by the Australian Tax Office (ATO) for two related Australian agricultural companies in pursuing further discovery under 28 U.S.C. Section 1782 in the U.S. District Courts for the Southern District of New York and the District of Colorado against several large financial institutions to produce records of money wiring in aid of contemplated proceedings to trace misappropriated funds belonging to the companies in liquidation.
  • Representation of a technology company in opposing the enforcement of arbitral award in the United States.

Insolvency

  • Representation of a special committee of the board of directors in an expedited investigation of potential causes of action in connection with an insolvency.
  • Representation of an Indian businessman to engage with a court-appointed examiner in a U.S. bankruptcy case pending before the Bankruptcy Court for the District of Delaware, who had been appointed to investigate our client’s role, if any, in an alleged fraud in India.
  • Representation of U.S. affiliates of a multinational telecommunications company in a cross-border bankruptcy dispute regarding the allocation of asset sale proceeds, including discovery, a six-week trial and related appeals.
  • Representation of a U.S. debtor in litigation with former employees.

Financial Products & Services Litigation

  • Representation of securitization trustees in multiple lawsuits against a major bank for breaching representations and warranties on the securitized loans.
  • Representation of investment funds in litigation over improper servicing of securitized loans.
  • Representation of high-net-worth individual defrauded by former financial adviser.
  • Representation of whistleblower in tax court proceedings.
  • Representation of an insurance company in an interpleader action regarding the pooling and servicing agreement for a mortgage-backed security, resulting in voluntary dismissal after successfully opposing the adversary’s dispositive motion.
  • Representation of a financial adviser to a board of directors in a post-closing merger litigation, which resulted in dismissal of all claims.
  • Representation of a pension plan in its claim against an insurance company for breach of fiduciary duty under the Employee Retirement Income Security Act.

Professional & Community Involvement

  • New York City Urban Debate League, Board of Directors
  • Federal Bar Council Inn of Court and Public Service Committee, Member

Publications & Presentations

  • Co-author, “The Future Of SEC Administrative Proceedings” (Law 360, January 2017)
  • Co-author, “The Importance Of Adequate M&A Disclosures To Stockholders” (Law360, July 2016)
  • Co-author, “Del. Enhances Post-Merger Defense for Directors, Advisers” (Law360, May 2016)