Joel Hankin is a senior associate in the firm’s New York office. He focuses his practice on complex domestic and foreign commercial litigation and arbitration. Joel has experience in a number of practice areas, including securities litigation, financial services litigation, toxic tort litigation, telecommunication litigation and litigating false advertising cases.
Member of litigation team representing leading financial institution and certain of its officers and directors in class action securities fraud action seeking over $2 billion for the decline in value of the company’s stock. Obtained dismissal of action for client prior to start of discovery.
Member of litigation team representing major oil company in various lawsuits initiated throughout the United States impacting the manner in which crude oil is traded in the United States.
Member of litigation team representing JPMorgan Chase Bank in connection with the multibillion-dollar collapse of a health care financing company. Representation included management of related multi-district litigation, bankruptcy proceedings and governmental investigations.
Member of litigation team representing foreign bank in a class action lawsuit in connection with the worldwide redemption of a $200 million bond offering. A favorable settlement for our client was reached prior to trial.
Member of litigation team representing JPMorgan Chase in a $2.1 billion litigation against a group of insurance companies that refused to honor surety bonds issued to back-stop certain commodities transactions involving Enron. We achieved a favorable settlement for our client during jury deliberations.
Alternative Dispute Resolution
Member of litigation team representing financial investors in foreign automotive company in arbitration proceeding under the guidelines of the International Chamber of Commerce. The arbitration, which resulted in a complete victory for the client, was successfully upheld on appeal to the Southern District of New York. The case settled favorably while on appeal to the Second Circuit.
Bankruptcy and Restructuring
Member of litigation team representing bankruptcy trustee of former largest ethanol manufacturer in the United States which went bankrupt in 2008. Have brought suit against over 100 creditors for wrongful receipt of preferential payments. Successfully resolved many of these lawsuits and recovered over $10 million for the bankrupt estate.
Member of litigation team representing seller of midtown Manhattan office building prosecuting claims for breach of Purchase and Sale Agreement by ostensible purchaser, winning a motion for summary judgment allowing seller to retain a $38.5 million deposit on the sale, plus interest. Judgment was affirmed by a five-member panel of judges in the New York state court of appeals.
Member of litigation team representing private company in a patent infringement matter against eBay, Pay-Pal and others in a dispute regarding e-commerce auction processes.
Lanham Act Litigation
Member of litigation team representing a major nutritional supplement manufacturer in a Lanham Act jury trial involving comparative advertising claims in the Eastern District of New York. The jury unanimously found that our client’s statement, used on wholesalers’ and retailers’ store brand packaging for joint care products, inviting consumers to compare the products to a competitor's products, is not false and misleading and does not violate Section 43 of the Lanham Act.
Member of litigation team representing a leading telecommunications equipment maker in an action brought by a multi-million dollar investor in a start-up telecommunications company against claims that products sold were responsible for the start-up’s bankruptcy. A favorable settlement for our client was reached prior to trial.
Member of litigation team representing a telecommunications company in an action brought by a plaintiff that claimed ownership rights over various Indefeasible Rights of Use (IRUs) in a telecommunications network. A favorable settlement for our client was reached prior to trial.
Products Liability and Toxic Torts
Member of litigation team representing a chemical manufacturer and a chemical distributor in landmark mass tort litigation arising from alleged chemical exposure in the semiconductor industry workplace. Approximately 200 plaintiffs claimed various injuries, including birth defects and different types of cancers allegedly caused by exposure to a wide variety of industrial chemicals in the workplace, including ethylene glycol ethers, acetone, benzene, n-butyl acetate and other chemicals.
Assisted in the successful defense of pro-bono individual accused of an in-flight assault and battery. A favorable settlement for our client was reached after jury selection.