Bruce M. Sabados concentrates his practice in complex commercial litigation, with an emphasis on securities- and financial services-related matters and secured lender litigation. He represents both plaintiffs and defendants in a variety of commercial matters in federal and state courts and in arbitration. His clients include securities firms, international banks, hedge funds and asset-backed lenders. Bruce handles matters involving fraud, breaches of contract, and business torts and restrictive covenants. He also regularly develops and brings affirmative litigation on behalf of corporate clients, particularly lenders, and has obtained and enforced judgments and identified and recovered assets.
Most recently, Bruce obtained an affirmance from the New York Appellate Division of a lower court dismissal of $25 million in claims asserted by a borrower against a secured lender client in a decision which was covered by Law360 and other media. He also recently obtained a dismissal of commercial tort claims against an NBA agent in the New York Supreme Court and a ruling from the US Court of Appeals for the Sixth Circuit affirming the lower court’s decision denying a multimillion-dollar contempt claim brought against a financial institution. He currently represents numerous financial institutions in litigation spawned by the Madoff fraud, including claw-back claims brought by the trustee of the Madoff estate and the liquidator of a Madoff feeder fund.
Bruce frequently writes and speaks on a number of legal topics including asset recovery and privilege issues, and his work has been cited by the New York Supreme Court. He also served as an adjunct professor at Fordham Law School from 2007 to 2012.
