The Virtual Federal Trial of Putnam v. FGIC: “What's in the Box?” – Podcast episode with Milbank partners Allan Marks, Tom Arena, Sean Murphy and Robert Hora
Top-flight lawyers conducted a three-week trial entirely online, in the midst of a pandemic and recession, to resolve issues that dated back over a decade to the last recession. Derivatives, CDOs, credit default swaps, and financial guaranties: the facts in Putnam vs. FGIC were incredibly complex. In this episode of Law, Policy & Markets, Milbank Global Project Energy & Infrastructure Finance partner Allan Marks sorted it out with Putnam's lead lawyers – Tom Arena, Sean Murphy and Robert Hora of Milbank's Litigation & Arbitration group – to learn how they managed one of the country's first virtual trials in complex commercial litigation in federal court, what it means for future virtual trials, and how they won the case on all counts.
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