Susan E.Kessler (Suz)


Pittsburgh + 1.412.394.7234

Susan Kessler represents financial institutions and other entities as a litigator in structured product disputes and other complex commercial matters. She has experience working with residential mortgage-backed securities (RMBS), collateralized debt obligations (CDOs), and other asset-backed securities.

Susan is currently part of a team defending an international banking and financial services company in various RMBS disputes, including RMBS trustee, master servicing, and servicing claims, and is also part of a team advising financial institutions on remediation plans for the upcoming cessation of LIBOR and the Eleventh District Cost of Funds Index (COFI). She has also advised clients in connection with Financial Industry Regulatory Authority (FINRA) arbitrations, as well as a Tenth Circuit challenge of a FINRA arbitration award. Susan was recently part of a team that successfully represented a minority owner of a professional sports team in connection with a multibillion dollar valuation dispute.

Susan serves on the board of the River City Brass Band.


  • IBM defends software services agreement lawsuit brought by Pennsylvania Dep’t of Labor & IndustryIn a lawsuit brought by the Pennsylvania Department of Labor & Industry, Jones Day is defending International Business Machines Corporation (IBM) against breach-of-contract and other claims premised on allegations that IBM failed to deliver a computer system that would aid the administration of both the tax assessment and benefit payment sides of Pennsylvania's unemployment compensation system.
  • Wells Fargo resolves derivative and putative class action claims alleging wrongdoing with respect to 272 residential mortgage-backed securities trustsJones Day successfully resolved three putative class actions filed by institutional investors in 272 residential mortgage-backed securities (RMBS) trusts.
  • Founding owner of professional sports team successfully represented in multibillion dollar ownership valuation disputeJones Day successfully represented a founding owner of professional sports team in a multibillion dollar ownership valuation dispute, recovering 100% of the claim at issue.
  • Wells Fargo defends third party breach of contract lawsuit relating to RMBS trustJones Day is representing Wells Fargo Bank, N.A. in a third-party complaint filed by a bank, which is the mortgage loan seller of an RMBS trust.
  • Wells Fargo defends against complaint filed by Nomura Credit & Capital Inc. alleging representations and warranties breachJones Day is representing Wells Fargo, National Association in a third-party complaint filed by Nomura Credit & Capital, Inc., the mortgage loan seller of six RMBS trusts.