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Rising Star: Duane Loft
Partner, Boies Schiller Flexner
October 21, 2020 at 10:31 AM
2 minute read
Practice Profile: Duane Loft is a litigator in high-profile antitrust, bankruptcy, and other complex business disputes. He is currently bringing a landmark antitrust case against drug companies for raising prices on life-saving EpiPen devices. Last year, Mr. Loft was trial counsel for second-lien noteholders in LBI Media Inc.'s Chapter 11 confirmation trial in Delaware, successfully asserting claims that a transaction executed with senior creditors on the eve of bankruptcy was fraudulent. And he is representing car parts manufacturer Prevent USA Corp in a lawsuit accusing Volkswagen of using its stranglehold over parts suppliers to stop acquisitions.
Leadership, Pro Bono and Civic Work: As a member of the New York City Bar Association's Civil Rights division, Mr. Loft authored an amicus brief in the landmark Second Circuit appeal challenging the Government's warrantless surveillance program. He has also handled several pro bono immigration matters, including a successful amnesty application for a Tibetan national fleeing persecution in China. And he led the initial work that resulted in Boies Schiller Flexner opening its London office.
Prior Experience:
Partner, Boies, Schiller, Flexner, July 2011 – Present
Associate, Cravath, Swaine & Moore, September 2006 – July 2011
Education:
J.D., Fordham Law School 2002-2005, magna cum laude
B.A., Fordham University 1998-2002, summa cum laude
What advice would you give to young lawyers? This is what David Boies always taught me: Find the simple truths that are going to sustain your case. It's easy to tell an accurate story in a complicated way. It's also easy to tell a simple story that's not accurate. The challenge of a litigator is to be simple and very accurate at the same time.
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
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Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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