JOHN DELLAPORTAS
Partner
(212) 808-5000 (212) 808-5000
JOHN DELLAPORTAS Partner
John Dellaportas is co-chair of Kelley Drye’s Securities Litigation and Enforcement Practice. With more than two decades experience representing clients in high-stakes commercial and securities litigations and arbitrations, John thrives under the challenge of achieving the right results for his clients and has successfully done so throughout his career.

John aggressively defends clients in shareholder class actions, and in civil enforcement actions and investigations brought by the Securities and Exchange Commission (SEC). John also handles cases involving mergers and acquisitions, government contracts, commercial real estate and intellectual property matters. He is also lead counsel to government contractors on major procurement disputes and bid protests, and serves as an arbitrator and court-appointed fiduciary in financial services and real estate proceedings.

Notably, in 2012, John served as lead trial counsel to Bruce Bent, co-inventor of the money market fund, and his son Bruce Bent II, in an SEC civil action. Following a month-long trial, a Manhattan federal jury rendered a unanimous verdict in favor of the Bents, clearing them of all SEC Rule 10b-5 and other securities fraud charges. That courtroom victory earned John “Litigator of the Week” honors from The Am Law Litigation Daily in November 2012, and “Litigator in the Spotlight” recognition by The American Lawyer in January 2013. John’s closing statement was featured in the November 7, 2012 issue of The Wall Street Journal.

A frequent writer and lecturer on securities law topics, John most recently authored chapters on the Investment Advisers Act of 1940 and the Trust Indenture Act of 1939 for the Thomson Reuters treatise Securities Crimes, 2nd Edition. In 2009, he was a featured presenter at AsiaLaw’s 4th Annual Dispute Resolution Summit in Singapore, where he spoke on “Dispute Resolution in a Financial Crisis.”

Community Activities

Battery Park City Homeowners Coalition, Inc., president, 2016–present

Liberty House Condominium, Board of Managers, president, 2013–present

Stop the Chop NYNJ, Inc., president 2015–present

Appointed by U.S. District Judge Kimba Wood to serve as corporate receiver for a failed broker-dealer firm, on recommendation by the Commodity Futures Trading Commission (CFTC).

Appointed by the New York City Bar Association to serve as chair of a three-member arbitration tribunal overseeing a $20 million commercial real estate dispute.

Lead counsel to the Reserve Primary Fund’s senior management in a billion-dollar shareholder class action brought after a $62 billion money market fund “broke the buck.” He negotiated a successful class settlement approved by U.S. District Judge Paul Gardephe.

Co-lead trial counsel to a telecommunications infrastructure manufacturer, Rohn Industries, in a Delaware litigation over an asset purchase agreement. He won a $20 million judgment after a bench trial and the successful appeal to the Delaware Supreme Court.

Co-lead trial counsel to a leading manufacturer of chemical road deicers, Sears Ecological Applications Co., in patent litigation and Patent and Trademark Office (PTO) proceedings.  He obtained a favorable jury verdict on all infringement, invalidity, inequitable conduct and trade secrets counts.

Lead counsel to a Daewoo affiliate in confirmation and attachment proceedings relating to an American Arbitration Association (AAA) proceeding.  He successfully obtained confirmation of a $17 million award.

Co-lead trial counsel to a Samsung affiliate in a week-long International Chamber of Commerce (ICC) arbitration. He obtained an award for the client defeating a $10 million claim.

Lead trial counsel for a major transit bus manufacturer, New Flyer of America (fka NABI), on government contract and related procurement matters. He litigated successful bid protests overturning two losing awards from local transit agencies, each protest resulting in a contract award to NABI worth more than $100 million.

Lead counsel to the Reserve International Liquidity Fund and its senior management in a federal interpleader action over the liquidation of a $4 billion offshore investment fund. He successfully negotiated a global settlement spanning five different jurisdictions.

Lead trial counsel to major wholesale grocer in AAA arbitration. He obtained an award for the client defeating an $8 million claim.

Named "Litigator in the Spotlight" by The American Lawyer, January 2013.

Named "Litigator of the Week" by The Am Law Litigation Daily, November 2012.

Hellenic-American Association for Professionals in Finance (HABA)

NYC Bar Association, Securities Litigation Committee

NYC Bar Association, Transportation Law Committee chair, 2010–2013

Securities Industry and Financial Markets Association (SIFMA)

Security Traders Association of New York, Inc. (STANY)

About

John Dellaportas is co-chair of Kelley Drye’s Securities Litigation and Enforcement Practice. With more than two decades experience representing clients in high-stakes commercial and securities litigations and arbitrations, John thrives under the challenge of achieving the right results for his clients and has successfully done so throughout his career.

John aggressively defends clients in shareholder class actions, and in civil enforcement actions and investigations brought by the Securities and Exchange Commission (SEC). John also handles cases involving mergers and acquisitions, government contracts, commercial real estate and intellectual property matters. He is also lead counsel to government contractors on major procurement disputes and bid protests, and serves as an arbitrator and court-appointed fiduciary in financial services and real estate proceedings.

Notably, in 2012, John served as lead trial counsel to Bruce Bent, co-inventor of the money market fund, and his son Bruce Bent II, in an SEC civil action. Following a month-long trial, a Manhattan federal jury rendered a unanimous verdict in favor of the Bents, clearing them of all SEC Rule 10b-5 and other securities fraud charges. That courtroom victory earned John “Litigator of the Week” honors from The Am Law Litigation Daily in November 2012, and “Litigator in the Spotlight” recognition by The American Lawyer in January 2013. John’s closing statement was featured in the November 7, 2012 issue of The Wall Street Journal.

A frequent writer and lecturer on securities law topics, John most recently authored chapters on the Investment Advisers Act of 1940 and the Trust Indenture Act of 1939 for the Thomson Reuters treatise Securities Crimes, 2nd Edition. In 2009, he was a featured presenter at AsiaLaw’s 4th Annual Dispute Resolution Summit in Singapore, where he spoke on “Dispute Resolution in a Financial Crisis.”

Community Activities

Battery Park City Homeowners Coalition, Inc., president, 2016–present

Liberty House Condominium, Board of Managers, president, 2013–present

Stop the Chop NYNJ, Inc., president 2015–present

Experience

Appointed by U.S. District Judge Kimba Wood to serve as corporate receiver for a failed broker-dealer firm, on recommendation by the Commodity Futures Trading Commission (CFTC).

Appointed by the New York City Bar Association to serve as chair of a three-member arbitration tribunal overseeing a $20 million commercial real estate dispute.

Lead counsel to the Reserve Primary Fund’s senior management in a billion-dollar shareholder class action brought after a $62 billion money market fund “broke the buck.” He negotiated a successful class settlement approved by U.S. District Judge Paul Gardephe.

Co-lead trial counsel to a telecommunications infrastructure manufacturer, Rohn Industries, in a Delaware litigation over an asset purchase agreement. He won a $20 million judgment after a bench trial and the successful appeal to the Delaware Supreme Court.

Co-lead trial counsel to a leading manufacturer of chemical road deicers, Sears Ecological Applications Co., in patent litigation and Patent and Trademark Office (PTO) proceedings.  He obtained a favorable jury verdict on all infringement, invalidity, inequitable conduct and trade secrets counts.

Lead counsel to a Daewoo affiliate in confirmation and attachment proceedings relating to an American Arbitration Association (AAA) proceeding.  He successfully obtained confirmation of a $17 million award.

Co-lead trial counsel to a Samsung affiliate in a week-long International Chamber of Commerce (ICC) arbitration. He obtained an award for the client defeating a $10 million claim.

Lead trial counsel for a major transit bus manufacturer, New Flyer of America (fka NABI), on government contract and related procurement matters. He litigated successful bid protests overturning two losing awards from local transit agencies, each protest resulting in a contract award to NABI worth more than $100 million.

Lead counsel to the Reserve International Liquidity Fund and its senior management in a federal interpleader action over the liquidation of a $4 billion offshore investment fund. He successfully negotiated a global settlement spanning five different jurisdictions.

Lead trial counsel to major wholesale grocer in AAA arbitration. He obtained an award for the client defeating an $8 million claim.

Honors

Named "Litigator in the Spotlight" by The American Lawyer, January 2013.

Named "Litigator of the Week" by The Am Law Litigation Daily, November 2012.

Memberships

Hellenic-American Association for Professionals in Finance (HABA)

NYC Bar Association, Securities Litigation Committee

NYC Bar Association, Transportation Law Committee chair, 2010–2013

Securities Industry and Financial Markets Association (SIFMA)

Security Traders Association of New York, Inc. (STANY)