Matthew M. Madden

Represented holders of over $3 billion of Puerto Rico Electric Power Authority revenue bonds during PREPA’s restructuring proceedings, including defending a lien-challenge adversary proceeding, litigating a three-day claim-estimation hearing, and investigating and briefing objections to a plan of reorganization.

Represented Alta Mesa Holdings LP as special litigation and investigations counsel in the energy company’s Chapter 11 case, conducting what the bankruptcy court called a “carefully” done “extreme analysis” of potential claims against related parties, examining the company’s chief restructuring officer at a contested $320 million sale hearing, and representing the company in multiple adversary proceedings.

Representing a large investment fund as lead counsel in breach-of-contract litigation over defaulted Venezuela bonds pending in the U.S. District Court for the Southern District of New York.

Representing insured bondholders as lead counsel in challenging a monoline insurer’s purported acceleration of obligations to pay claims.

Defended multiple investment funds in breach-of-contract cases involving alleged trades of term loans, claim participations and other investments.

Argued and won a unanimous U.S. Supreme Court bankruptcy decision in Harris v. Viegelahn, 575 U.S. 498 (2015), concerning the conversion of cases from Chapter 13 to Chapter 7 of the Bankruptcy Code.

Argued and won a D.C. Circuit appeal on behalf of the Republic of Djibouti involving the confirmation of a foreign arbitration award.

Argued and won an 11th Circuit criminal-sentencing appeal, and subsequently obtained the client’s immediate release over the government’s objection.

Argued and won a petition for review of agency action in the D.C. Court of Appeals on behalf of a software company serving independent drivers in the ride-share industry.

Represented bondholders, shareholders and other parties in numerous appeals stemming from the bankruptcy reorganizations of an investment management company, a major silicone manufacturer, a national media conglomerate, a large telecommunications company and a significant lumber operation.

Obtained dismissal of a $1.5 billion securities class action and multiple stockholder derivative actions alleging improper billing practices by a public company that owns and operates more than 350 inpatient medical facilities, and its directors and officers.

Obtained dismissal of securities fraud claims against a leading global communications device company and its officers in a class action alleging illegal channel stuffing and seeking hundreds of millions of dollars in damages.

Defended a public company hospital system in a securities class action seeking more than $1 billion in damages, based on alleged misleading statements about hospital billing practices.

Defending public company directors and officers against a stockholder derivative action alleging excessive compensation.

Represented a major accounting firm and its current and former employees during SEC investigations involving the firm’s public-company audits or Appendix K reviews.

Represented Delaware corporations in connection with books-and-records demands from stockholders, including limiting demands at a hearing before the Chancery Court.

Obtained summary judgment, and affirmance on appeal, for a national bank against claims arising from the bank’s agreement to the cancellation of a $450 million wire transfer to a new company claiming it could provide 100 million N95 masks to California during the early weeks of the COVID-19 pandemic.

Obtained, as lead counsel to a startup company, a federal court’s dismissal of a consumer class action seeking more than $4 billion in damages for alleged unfair and deceptive trade practices.