Zachary Rosenbaum chairs the firm's Capital Markets Litigation group. He has a multi-state and international trial practice, focusing on securities and structured finance litigation, derivatives litigation, mortgage lending litigation, secured and unsecured financing matters, and bankruptcy litigation. Zachary has developed a specialty in litigating actions on behalf of institutional investors, both foreign and domestic, involving residential mortgage-backed securities (RMBS) and collateralized debt obligations (CDOs), and other structured products and derivatives. He also routinely conducts arbitration proceedings in domestic and international disputes. He represents a number of financial institutions as well as investment managers, hedge funds and private equity funds. 

Zachary was recognized by New York Super Lawyers in 2012 and 2011.  He was listed by Super Lawyers as a Rising Star a number of years prior.  Zachary was featured on National Public Radio (NPR) in a segment about securities fraud actions in the wake of the global financial crisis and bond insurer MBIA's $5.7 billion suit against Merrill Lynch. He was recognized as "Forty Under 40" by NJBiz magazine in 2006 for his outstanding achievement and commitment to business growth.

Recent Representative Cases

• Won dismissal of a $1.875 billion claim brought in New York by financial guarantor FGIC against client IKB Deutsche Industriebank. FGIC was attempting to rescind a financial commitment issued in the United Kingdom as loss protection to a structured vehicle; the matter involved a complex array of credit default swaps and underlying CDO assets.
• Representing $600 million RMBS trust in pursuit of mortgage put-back claims.
• Defended claims of ratings fraud in connection with the 2007 launch of a $2 billion structured investment vehicle (SIV).
• Defeated arbitration claim brought against institutional investors by an international investment bank stemming from three contemplated CDO transactions, totaling $1.5 billion, clearing the way for a substantial damage claim prosecuted in the New York Supreme Court.
• Representation of CDO noteholders regarding the collateral manager's and trustee's interpretation of the Indenture's waterfall provision.
• Defeated claims brought against investment fund, which arose from a $60 million loan transaction.
• Jury trial successfully prosecuted in the Southern District of New York on behalf of a minority shareholder in a large privately held company.  

Speaking Engagements

• "Litigation Update," ABS East Conference 2012, October 2012
• Federal Bar Council, RMBS Panel, moderated by Hon. Jed S. Rakoff, U.S.D.J., August 15, 2012
• "Effectively Managing Increased Litigation and Enforcement," ABS East Conference 2011, October 2011 
• "Challenges Facing Trustees in the Default and Enforcement Process," Global ABS 2011 Conference, June 2011
• "The Aftermath of the Financial Crisis: Part 3 - The International Credit Crisis and CDO Litigation:  The View from the SEC and the Banks," American Bar Association's Section of International Law 2011 Spring Meeting, April 2011
• "Effectively Managing Increased Litigation and Enforcement," ABS East Conference, October 2010
• "Investor Rights and the Importance of Proper Documentation," Global ABS 2010 Conference, June 2010
• "Strategies for Investors, Issuers and Trustees to Pursue and Defend CDO Claims," Collateralized Debt Obligation Litigation on the Rise Webinar, March 18, 2010
• "Effectively Managing Increased Litigation and Enforcement," IMN ABS East Conference, October 2009
• "Recent Judicial Developments Affecting Subprime and Structured Finance Litigation," IQPC, Co-Chair, Subprime and Structured Finance Litigation Conference, November 2008
• "Debating the Future of the CDO," IQPC, The Subprime Mortgage Crisis Summit, February 2008
• "CDO Due Diligence," IncreMental Advantage, Hedge Fund Due Diligence Seminar, October 2007
• "American Conference on Diversity, Humanitarian Awards Dinner," Keynote Address, June 2007
• "National Conference for Community and Justice (NCCJ-NJ), First Annual Essex County Chapter Humanitarian Awards Dinner," Keynote Address, June 2006