Highly regarded for his extensive legal skills in and out of the courtroom, clients describe Mr. Edelman as “a phenomenal attorney whose courtroom style is nothing short of perfection” (Chambers). As one of the most versatile litigators in the country, Mr. Edelman is the only attorney in New York who is ranked by Chambers as a leading lawyer in each of the following areas: Securities Litigation, General Commercial Litigation and White Collar Crime and Government Investigations.
Current or Recent Representative Matters
Securities
Represents Vereit, Inc. (formerly American Realty Capital Properties, Inc.) in securities fraud actions filed in the US District Court for the Southern District of New York, including putative class actions and shareholder derivative actions.
Represents SQM, the world’s largest producer of specialty fertilizers and iodine in securities class action relating to investigations by Chilean government authorities concerning alleged improper payments to Chilean political officials.
Represents Eldorado Resorts in a securities fraud class action filed in the District of New Jersey.
Represents the former CEO of LendingClub Corp. in securities class actions and derivative actions filed in US District Court for the Northern District of California, the Superior Court of California, San Mateo County, and the Delaware Chancery Court.
Represents a group of underwriters in connection with a securities class action in the Supreme Court of New York against Camping World Holdings, Inc. and others arising out of Camping World's October 2017 secondary offering of common stock.
Represents the underwriters of a September 2018 initial public offering of common stock of NIO, Inc., a Chinese electric vehicle manufacturer. The underwriters have been named in a putative class action asserting claims under the Securities Act of 1933.
Represented underwriters named as defendants in other securities class action, including matters related to offerings by Endo International, Forterra Inc., and Tile Shop Holdings, Inc.
Represented American Renal Associates Holdings, Inc. as a defendant in a securities class action in the US District Court for the District of Massachusetts.
Represented Ambac Financial Group, Inc. in a securities fraud action filed in SDNY arising from the company’s exposure to Puerto Rican debt. Case was dismissed on motion to dismiss. Wilbush v. Ambac Fin. Grp., Inc., 271 F. Supp. 3d 473 (S.D.N.Y. 2017).
Represented former executive officer of Third Avenue Management, LLC in three separate litigations arising from the liquidation of the Third Avenue Focused Credit Fund.
Commercial Litigation
Represented Dycom Industries, Inc. in 2017 in a lawsuit that culminated in a five-day trial relating to disputes arising out of non-competition and related provisions in a Stock Purchase Agreement. The case settled after trial.
Represents private equity fund in fraudulent conveyance claims pending in Delaware Bankruptcy Court arising out of recapitalization of DSI Renal.
Represents Atrium Holding Company and certain of its affiliates in litigations that have included matters before the Delaware Chancery Court and Kansas Bankruptcy Court regarding a Right of First Refusal on a portfolio of hotels owned by The John Q. Hammons Revocable Trust.
Represents Broadcast Music, Inc. in connection with multiple matters, including a rate court proceeding against the Radio Music License Committee scheduled for trial in February 2020, and another rate court proceeding against the live concert industry.
Represented trustees of a multi-hundred million dollar trust in connection with claims brought by the trust’s beneficiaries in Florida state court.
White Collar
Multiple non-public representations of CEOs, CFOs, general counsels, entrepreneurs and others in criminal, regulatory, and congressional investigations.
Corporate Governance
Edelman has represented and advised numerous boards of directors, special committees of boards and individual directors on corporate governance and fiduciary duties.
Recognition & Accomplishments
Mr. Edelman joined Milbank in 1994 and became a partner in 1995. Prior to joining Milbank, Mr. Edelman served as an Assistant United States Attorney in the Southern District of New York from 1990 to 1994. He started his career at Wachtell, Lipton, Rosen & Katz. He received his law degree from Harvard Law School, where he was a member of the Harvard Law Review and a John Olin Fellow in Law and Economics and received his B.A. (summa cum laude) and M.A. degrees, both in Economics, from Yale University.
