At Hughes Hubbard, we have had another year of successful results. Our international approach, which spans the Americas, Asia, Europe, Africa and the Middle East, is rooted in our global talent.

Our work this past year has been groundbreaking. For example, in 2022, we helped top-ranked esports and entertainment organization FaZe Clan secure a victory in the Southern District of New York against Adult Use Holdings and Zola Ventures, early investors in the gaming company, denying the companies’ pre-hearing arbitral award and granting FaZe’s cross-petition to confirm the award. Our firm also continued our exemplary work in Latin America, extending Brazil-based tech company CI&T’s already global footprint through its first U.S. acquisition, and advising Paraguay on another bond switch and tender offer.

In the fall, we hit a major milestone in our nearly a decade and half of work on Lehman Brothers’ historic liquidation in the U.S. Bankruptcy Court for the Southern District of New York: concluding the largest securities brokerage liquidation in U.S. history and one of the most consequential bankruptcies of the 2007-08 Financial Crisis. The firm oversaw the return of more than $115 billion to LBI customers and creditors, fully satisfying 111,000 customer claims, and will continue to serve as Administrator of Lehman’s Liquidating Trust.

We also counseled Delta Air Lines as strategic partner and equity investor in the Chapter 11 restructuring of Grupo Aeroméxico, Mexico's largest airline, advising on the company’s $100 million investment in a $720 million bankruptcy exit financing. 

Our ability to focus on our clients’ needs is due in no small part to the deep bench we have built in the areas where we add value. To this end, we have strengthened several practice areas with highly credentialed laterals and the promotion of exceptionally talented lawyers that most certainly help our clients navigate the most complex challenges they face in today’s uncertain world. 

In Paris, highly regarded arbitration partner Sébastien Bonnard joined us and now heads our Europe, Africa and the Middle East efforts for that practice; Christophe Fichet, a leading data protection and cybersecurity practitioner, possesses a wealth of experience counseling clients on complex IT infrastructure and data protection issues; and in Washington, D.C., litigator Andrew Kopsidas joined us in our Intellectual Property and International Trade practices, where his knowledge and experience handling patent and other intellectual property matters – especially at the International Trade Commission – deepens our bench strength and ensures that we can handle the most significant cross border issues our clients face. 

We also welcomed counsel Sabrina Silverberg, a top media & entertainment attorney, into our Corporate group in New York. In Paris, we welcomed counsel Edouard Gergondet, who joined our Economic Sanctions, Export Controls and Anti-Money Laundering practice, and Sabrina Touchard, who joined our International Arbitration practice. 

Additionally, we celebrated the promotion of Tyler Grove, a member of our International Trade group, to the partnership, and elevated to counsel the following: Arnaldo Bernardi and Samuel Salyer, both members of the firm’s Anti-Corruption & Internal Investigations group, Cynthia Liu, in our Corporate and Equipment Finance groups, and Kristen Millay, in our Antitrust practice. 

Many thanks to all of you for making it possible for us to work with you on such challenging and sophisticated matters. We are proud of the results we’ve been able to achieve together.