Karl Huth
Partner and Founder
New York
Tel: (212) 731-9333
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Columbia University School of Law, J.D. , Harlan Fiske Stone Scholar
Harvard College, A.B., cum laude, Harvard College Scholar
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Represented Bed Bath & Beyond, Inc. in landmark maritime and supply chain litigation.
Defended Illumina, Inc. in landmark Federal Trade Commission litigation challenging Illumina/GRAIL merger.
Represented INNOVATE, Inc. in federal securities litigation concerning auto racing video game franchise.
After a two-week arbitration hearing, obtained an eight-figure arbitration award for a passive joint venture partner in connection with claims that the operating partner had breached its fiduciary duties and violated the terms of the joint venture agreement.
After a two-week jury trial, obtained a seven-figure unanimous jury verdict against an accounting firm that provided a due diligence report in connection with a failed loan.
After a seventeen-week jury trial, obtained a defense jury verdict in connection with lender liability claims asserted by a private equity sponsor against a lender and defeated the sponsor's effort to regain control of the defaulted borrower from the lender.
After a one-week arbitration hearing, obtained a unanimous arbitration award for a passive real estate joint venture partner in connection with claims that the operating partner had breached its fiduciary duties via self-dealing, entitling the passive investor to disgorgement of all self-dealing profits and resulting in the forfeiture of the operating partner’s entire 27.5% equity promote.
After a one-week arbitration hearing concerning an escrow dispute, obtained a favorable arbitration award plus an award of attorneys' fees.
After a two-week bifurcated patent infringement jury trial, obtained unanimous jury verdict defeating infringer’s claims of obviousness and inequitable conduct.
After a one-week arbitration hearing but prior to issuance of award, obtained settlement of over 80% of claimed damages on behalf of a seller of power plants in connection with a dispute over a profit-sharing agreement.
After a one-week preliminary injunction hearing, defeated putative class plaintiffs’ effort to block airline merger.
Obtained a settlement of 100% of claim value plus interest from a bank that released funds to a borrower in violation of a deposit account control agreement.
Obtained settlement from surety in connection with claims alleging misuse of proceeds from a borrower’s letter of credit after borrower defaulted.
After a four-year litigation on behalf of a passive equity investor, obtained multi-million dollar settlements from law and accounting firms in connection with tax structuring malpractice claims.
Obtained affirmance on appeal of fraudulent transfer verdict against defendants who secreted assets to avoid paying federal court judgment.
Represented fund manager in successful defense of Section 36(b) excessive fee litigation.
Represented fund manager in litigation against hedge fund complex relating to breach of management agreement.
Represented insurance company in connection with “employee poaching” and unfair competition claims against competitor.
Represented two major global accounting firms in bet-the-company litigation relating to failures of major public companies.
Represented global banks in mortgage-backed securities litigation.
Represented AmLaw 100 law firm in connection with malpractice allegations.
Represented technology companies in ITC and federal court patent litigations.
Represented innovators in US and foreign trade regulatory proceedings.
Represented merger parties in connection with state and federal regulatory inquiries and stockholder derivative actions.
Represented financial and technology clients in securities class action litigations.
Conducted antitrust, securities and FCPA investigations for major US companies operating overseas.
Represented state governor's office in constitutional dispute against state legislature.
Represented government utility in dispute with private entity concerning power generation assets.
Represented landowners and associations in connection with zoning and land use proceedings.
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Prospect Capital
Cravath, Swaine & Moore LLP
Clerkship: Hon. Shira A. Scheindlin, S.D.N.Y.
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State: New York
Federal: S.D.N.Y., E.D.N.Y., U.S. Courts of Appeals for the Second, Fourth, and Fifth Circuits