Matters

Represented Milwaukee Bucks Co-owner, Marc Lasry, in the Sale of Stake in the Team

Represented Milwaukee Bucks co-owner, Marc Lasry, in the sale of his 25 percent stake in the team to Cleveland Browns owners Jimmy and Dee Haslam. According to ESPN, the transaction struck at a $3.5 billion valuation was the second highest valuation ever paid for an NBA team and the third highest valuation for any American professional sports team. It was a tremendously successful conclusion to Mr. Lasry’s tenure as an owner and steward of the championship Bucks.

SunEdison, Inc.

Counsel to Reorganized SunEdison, Inc. concerning indemnity claims asserted by the syndication agent and lead arranger for a pre-petition second lien loan facility.

Schneider, et al. v. Pine Management, Inc., et al. (N.Y. Sup. Ct.):

Representing LLC property manager and majority LLC members in suit by minority LLC members alleging breach of contract and breach of fiduciary duty claims related to scope of manager’s authority to manage properties owned by LLCs.

Condominium Board – Construction Defect Claims

Representing a condominium board with respect to construction defect claims against sponsor and principals, and their construction and design professionals. Secured numerous favorable motion and discovery rulings, including denials of motions to dismiss contract and fraud claims and motions to compel discovery. The case is Board of Managers of 252 Condominium v. World-Wide Holdings Corp., Rose Associates, et al. (N.Y. Sup. Ct.).

Successful Representation of Defendant in Major Insurance Litigation

Herrick defended a managing general agent in a major breach of contract dispute with an insurance carrier seeking several hundred millions of dollars in damages. This case was high-stakes and complex, involving extensive document discovery, witness depositions, two motions to dismiss, several discovery disputes, numerous experts and an appeal of one motion to dismiss decision. Following intensive fact depositions, the parties reached a settlement on favorable terms for our client.

Timothy M. Whitteaker, Associate

Matters

Represented Milwaukee Bucks Co-owner, Marc Lasry, in the Sale of Stake in the Team

SunEdison, Inc.

Schneider, et al. v. Pine Management, Inc., et al. (N.Y. Sup. Ct.):

Condominium Board – Construction Defect Claims

Successful Representation of Defendant in Major Insurance Litigation

Herrick Announces New Partners for 2026

Herrick is pleased to announce that multiple practice groups have been ranked nationally and regionally in the Best Lawyers® 2026 "Best Law Firms" listing.

Forty-One Herrick Attorneys Recognized by Best Lawyers® 2026

2026 Legal 500 Recognizes Herrick’s Real Estate, Land Use/Zoning, Insurance, Litigation and Sports Law Practices and Lawyers for Excellence

2026 Chambers USA Recognizes Herrick’s Practices and Lawyers

Belinda Schwartz on Why Lawyers May Prefer a Midsize Firm

Herrick Feinstein Recruits Arnold & Porter Tech Transactions Partner

Herrick honors NYC history with rare artifact collection in newly revamped offices