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Shapiro Sher honored in Chambers USA 2014

Chambers USA, a preeminent guide to the U.S. legal industry, has cited Shapiro Sher Guinot & Sandler among the leading firms in Maryland for bankruptcy, litigation, and corporate law in its just-released 2014 guide. Joel I. Sher, Firm Chairman and Bankruptcy Department Chair, and Paul Mark Sandler, Chair of the Firm’s Litigation Department, were named Band 1 attorneys, the highest distinction available.

All together the following partners were recognized in the 2014 Chambers USA guide:

Chambers USA’s 2014 guide states that Shapiro Sher Guinot & Sandler “has deep experience in Chapter 11 and Chapter 7 bankruptcy litigation, antitrust, commercial loan workouts and white-collar criminal cases.” The guide quotes sources as saying that the Firm is, “very experienced from a legal and business side, and understands the business issues” and that it is “certainly one of the top firms for bankruptcy.” Another source states that Mr. Sandler is “one of the finest trial lawyers in Maryland.”

Chambers USA is a division of Chambers & Partners, which publishes annual guides to the most respected law firms and lawyers in the US, Europe, Asia, and Latin America. Its rankings are read by industry-leading companies and organizations worldwide.

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Mayor honors Shapiro Sher for Firehouse Renovation Project

Shapiro Sher Guinot & Sandler was honored today by Mayor Stephanie Rawlings-Blake and the Baltimore City Fire Department for the Firm’s participation in the City’s Firehouse Renovation Project.

The Project is an ongoing initiative to renovate kitchens and fitness centers in Firehouses throughout the City. Numerous businesses, including Shapiro Sher, have stepped forward to sponsor the improvements. The goal is to enhance the living conditions, health, and fitness of Baltimore’s firefighters and EMS providers.

The Firm was honored by the Mayor and the Fire Department at a ceremony at City Hall, along with other sponsors of the Firehouse Renovation Project. Shapiro Sher Chairman Joel I. Sher and President William E. Carlson accepted the citation on behalf of the Firm (see photo below), and Firm founder Ronald M. Shapiro spoke at the ceremony.

According to the City’s press release, “The Firehouse Renovation Project was born out of a conversation between Mayor Rawlings-Blake and Ron Shapiro, attorney and business leader.” In its report on the Project, CBS affiliate WJZ also credits Mr. Shapiro for catalyzing the renovations.

Shapiro Sher has sponsored the kitchen renovation for the Baltimore Fire Department’s Engine Company 52, on Woodbrook Avenue in Baltimore. The Shapiro Negotiations Institute co-sponsored the renovation.

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Matthew Esworthy appointed to ABA Cybersecurity Legal Task Force

Shapiro Sher partner Matthew Esworthy has been appointed to the American Bar Association’s Cybersecurity Legal Task Force for a one-year term beginning in August 2014.

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Barclays Capital’s summary judgement request denied, in litigation brought against Barclays by TMST trustee Joel I. Sher

Barclays Capital’s motion for summary judgement was denied by the US District Court in Maryland, in litigation brought against Barclays by TMST trustee and Shapiro Sher partner, Joel I. Sher. Law360 reported on this latest development in the long-running case.

Judge Ellen Lipton Hollander of the US District Court for the District of Maryland denied Barclays Capital’s motion for summary judgement.

This is the latest development in the case, which was originally filed in 2011. At that time, Mr. Sher, as US Trustee for TMST, formerly Thornburg Mortgage, filed five separate complaints in Maryland’s bankruptcy court against Goldman Sachs, Barclays Capital, Bank of America, Countrywide Home Loans, Royal Bank of Canada and a group of banks made up of JP Morgan Chase, Citi Group, Credit Suisse, Royal Bank of Scotland, and USB. The suit against the latter group of banks alone seeks approximately $2.2 billion in damages arising from a series of alleged collusive and predatory actions that eventually forced Thornburg into bankruptcy.

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“Understanding the Liquidation Value of Membership Interests in LLCs”

Shapiro Sher Guinot & Sandler’s Banking and Financial Services Report for Summer 2014 focuses on what lenders should consider before entering into a lending relationship with a borrower or guarantor who has a membership interest in an LLC. Click here for the full report.

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Esworthy named to Penn State Alumni Council

Shapiro Sher partner Matthew Esworthy has been named to the 2014-2015 Penn State Alumni Council, the largest alumni association in the United States. Mr. Esworthy also serves as President of the Penn State Law School Alumni Association.

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WSJ: Thornburg trustee reaches deal with Barclays

Barclays Capital, Inc., offers to pay $23 million to settle claims brought by Joel I. Sher, the court-appointed trustee overseeing the liquidation of TMST, Inc., formerly known as Thornburg Mortgage, the Wall Street Journal reports.

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“Best Lawyers in America 2015” includes seven Shapiro Sher attorneys, two of whom are cited as “Lawyers of the Year”

Seven attorneys at Shapiro Sher have been selected by their peers for inclusion in The Best Lawyers in America® 2015 with two of the seven identified as Baltimore Lawyers of the Year: Shapiro Sher Chair and Bankruptcy Group head Joel I. Sher and Paul Mark Sandler, head of the Firm’s Litigation Group.

Best Lawyers, an exclusive guide to the legal industry, named Shapiro Sher Chair Joel I. Sher Baltimore Lawyer of the Year for Bankruptcy and Creditor-Debtor Rights/Insolvency and Reorganization Law, and named partner Paul Mark Sander Baltimore Lawyer of the Year for Personal Injury Defense. The 2015 guide cites the following attorneys in the indicated practice areas:

Since it was first published in 1983, Best Lawyers has become universally regarded as among the definitive guides to legal excellence. Best Lawyers is based on an exhaustive peer-review survey. Over 52,000 leading attorneys cast more than 5.5 million votes on the legal abilities of other lawyers in their practice areas.

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Matthew Esworthy speaks at the IMLA Annual Conference on cybercrime and local government

Shapiro Sher partner Matthew Esworthy was a featured speaker at the International Municipal Lawyers Association’s 79th Annual Conference, on the topic of cybercrime at the local-government level. As his special guest, Mr. Esworthy presented FBI Special Agent Daniel Gray of the FBI’s Baltimore Field Office.

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The UK versus the US: Paul Mark Sandler moderates mock trial in London

Paul Mark Sandler served as moderator at a program in London titled “Trial Practices and Tactics in England and the United States.” The program featured a mock trial in which the plaintiff was represented by members of the Distinguished Barristers of England and Wales, and the defendant was represented by Fellows of the American College of Trial Lawyers. Mr. Sandler is a Fellow of the ACTL.