Lawrence S. Elbaum is an Associate in the Litigation Department, resident in the New York office. He handles general litigation matters in both federal and state courts with a focus on bankruptcy and insolvency litigation, securities litigation and trade secret and non-compete matters. Lawrence has represented companies in the financial sector, including banks, investment funds and broker/dealers, as well as in the manufacturing and real estate industries.
In addition to seeking litigation counseling, clients often call upon Lawrence to prepare employee non-competition and confidentiality agreements, defend against investigations commenced by state and federal regulators and for day-to-day legal advice.
A private investment fund with approximately $15 billion of assets under management that invests in fixed income, credit instruments and equities in recovering distributions owed to it pursuant to a Chapter 11 plan of reorganization.
The world’s largest post-trade financial services company in:
Recovering funds from the Trustee of largest broker/dealer bankruptcy in U.S. history
Asserting pre-petition, post-petition and administrative claims in a recently-filed broker/dealer bankruptcy
Responding to subpoenas and informal discovery served on it and ensuing investigations by federal and state regulators
Defending against threatened litigations arising from its servicing of complex financial products
A private equity firm with approximately $50 billion in assets under management in a suit seeking approximately $50 million in damages stemming from alleged business torts in a prepackaged Chapter 11 bankruptcy, securing the dismissal of the suit by the bankruptcy court, affirmation at the appellate level and the denial of a writ of certiorari by the U.S. Supreme Court.
The debtor in possession in a Chapter 11 “single asset real estate” bankruptcy with approximately $100 million of assets and liabilities.
An investment bank against a former managing director who solicited customers and otherwise competed unlawfully against the bank.
A start-up renewable energy company against claims of corporate raiding, unfair competition and misappropriation of confidential information, concluding in the diffusing of a TRO and a favorable settlement for the start-up company.
As a Litigation Department designee for the Firm's Pro Bono Initiative Committee, Lawrence has assisted with the intake and supervision of scores of pro bono matters. He also has directly handled an array of pro bono assignments over the years, ranging from assisting Holocaust survivors in obtaining reparations from Germany, to representing indigent and disabled women in child custody, child support and divorce disputes. Lawrence has received several awards for his commitment to pro bono, most recently "The Family Defender Award" in November 2011 from the Brooklyn Family Defense Project, whose advisory board Lawrence co-founded and co-chairs.
In 2010, Lawrence was nominated by the President of the New York State Bar Association as the youngest member of its Membership Committee. A published author, he has co-authored several articles on emerging issues concerning the Computer Fraud and Abuse Act, as well as chapters in treatises on trade secrets and non-competes and on litigation in New York courts.
Outside of the office, Lawrence devotes significant time to several Holocaust charities, The Albert Einstein College of Medicine, whose young leadership board he co-founded and his high school alma mater, The Golda Och Academy (f/k/a SSDS), whose board he sits on and whose alumni society he chairs.