Howard Sidman represents financial institutions and other companies in complex commercial disputes, including more than 10 years of experience relating to residential mortgage-backed securities (RMBS). He also regularly advises clients on issues regarding the LIBOR transition as well as litigation and regulatory risks for issues relating to environmental, social, and governance (ESG) matters. In addition, Howard counsels clients on representations and warranties in connection with RMBS, including repurchase claims and servicing-related contractual disputes. Howard has successfully argued an issue of first impression to the New York Court of Appeals relating to the statute of limitations for securitizations.
As part of his practice, Howard routinely counsels trustees, master servicers, servicers, monoline insurers, institutional investors, and mortgage loan originators along with other responsible parties. He also advises and defends claims relating to other structured products transactions such as credit default swaps and collateralized debt obligations.
Beyond his work on behalf of financial institutions, Howard's civil litigation experience includes securities class actions, complex commercial class actions, and contract disputes. He won a multimillion dollar breach of contract dispute on behalf of a satellite operator against a commercial satellite launcher. He also successfully resolved a putative class action against Macy's department stores by a large class of vendors who sold goods to Macy's over a seven-year period and assisted a major railcar manufacturer with the successful resolution of contractual disputes with various state governments. Howard also advises policyholders in complex insurance coverage disputes, recovering well over a half a billion dollars for policyholders.
Litigation and Regulatory Considerations and Risks for Financial Market Participants in a Post-Pandemic Society
What the Financial Services Industry Can Expect From State Attorneys General in a Biden Administration
- October 23, 2019
American Banker's Association — Corporate Trust Committee
- September 28, 2014
Recent Developments in RMBS Repurchase Litigation, MBA's Regulatory Compliance Conference 2014
- Georgetown University (J.D. 2000); University of Michigan, Ann Arbor (B.A. with honors in Political Science 1997)
- New York
- Law360: named a banking "MVP" in 2019 and a "Rising Star" in (2012)