Lanier Saperstein has precedent-setting experience representing foreign financial institutions in the United States. He was, for example, the first lawyer in the United States to require a litigant to use the Hague Evidence Convention when seeking confidential bank records from China. Lanier has been recognized by leading publications for his work in international banking.
Representing financial institutions in both litigation and regulatory matters, Lanier has managed a broad range of issues relating to the Bank Secrecy Act, anti-money laundering, Office of Foreign Assets Control's (OFAC) sanction programs, the Anti-Terrorism Act, the Foreign Sovereign Immunities Act, the bank examination privilege, suspicious activity reports, Article 4A of the Uniform Commercial Code (UCC) and international wire transfers, and alleged fraud claims under federal and New York law.
Lanier routinely handles subpoenas, asset restraints, as well as judgment and arbitral award enforcement actions that involve cross-border issues, and he has litigated key subjects relating to personal and subject matter jurisdiction, international comity, and the separate entity rule. He also is a member of the Firm's LIBOR transition team, advising financial institutions on the expected transition to alternative reference rates and implementing remediation plans.
Lanier is a member of the NYCBA Compliance Committee, co-chair of its Subcommittee on International Developments, a member of the Legal Counsel Committee of the China General Chamber of Commerce - USA (CGCC), and an adjunct professor at Fordham Law School, where he teaches banking-related courses. He has written extensively on matters impacting financial institutions, and his writings have been cited in dozens of prominent law journals.
Defended a global bank in a high-profile lawsuit alleging terrorist financing resulting in multiple published decisions (Wultz v. Bank of China Limited; Moriah v. Bank of China Limited).
Won a multimillion dollar award in China for a Fortune 500 company in a confidential arbitration.
Secured dismissal for an international bank due to plaintiff's failure to serve under the Rule 4 of the Federal Rules of Civil Procedure (FRCP) (NBS Trade and Investment Ltd. v. China Construction Bank, et al.).
Obtained dismissal for a global bank on an issue of first impression regarding international electronic fund transfers (Calderon-Cardona v. Bank of New York Mellon, et al.).
Achieved an oft-cited appellate decision on the Foreign Sovereign Immunities Act (FSIA) for three Chinese banks, halting plaintiffs' improper attempt to seize PRC assets located in China (Walters v. Industrial and Commercial Bank of China Limited, et al.).
Defended a foreign bank in a lawsuit arising under the Americans with Disabilities Act (ADA).
Obtained dismissal of a fraudulent conveyance claim against the New York branch of a foreign bank (Uni-Rty Corp., et al. v. Guandgdong Building, Inc., et al.).
Quoted in Dewar v. Bangkok Bank Public Company Limited, New York Branch (NY Supreme) for his writings on New York's separate entity rule.
Successfully defended the branch of a foreign bank in lawsuits alleging common law aiding and abetting liability (McDaniel v. Bank of China; Rosner v. Bank of China).
Quashed a subpoena issued to a foreign bank on comity grounds (Tiffany (NY) LLC, et al. v. Qi., et al.).
Represented a Swiss bank in the Parmalat class action (In re Parmalat Securities Litigation).
Represented a Dutch bank in the Madoff litigation (Bernard L. Madoff Investment Securities LLC et al v. ABN AMRO Bank N.A.).
Represented a GSIB in 16 coordinated cases arising under the federal securities laws.
Litigation and Regulatory Considerations and Risks for Financial Market Participants in a Post-Pandemic Society
- April 29, 2021
The Long Arm of the U.S.: The Reach of U.S. Courts Over Chinese Businesses, CGCC-USA
- April 26, 2021
Climate Change and Financial Risks, New York City Bar Association with Nina Chen (DFS) and Charlotte Gardes (French Treasury).
- January 26, 2021
The Impact of the Hong Kong Autonomy Act on Cross Border Banking Operations, The Financial Markets Law Committee, moderated by Lord Thomas, FMLC Chairman
- September 24, 2020
Making Sense of the Complex Web of Sanctions and Export Controls and How They Affect Chinese Companies in the U.S., China General Chamber of Commerce - USA
- August 19, 2020
COVID-19 Lending Programs: Latest Developments, New York City Bar Association
- August 6, 2020
The ADA in the Era of COVID-19, The Consumer Bankers Association
- July 30, 2020
The Hong Kong Autonomy Act and Related Developments, China General Chamber of Commerce-USA
- June 9, 2020
Lending Disputes In The Covid Era: Issues For Chinese Cross-Border Lenders In The Current Environment, Jones Day Webinar
- June 2, 2020
Going Private in the U.S. and The Listing Process in Hong Kong, Jones Day Webinar
- May 6, 2020
What the Recent Lawsuits and Congressional Initiatives Against the PRC Mean for Chinese Enterprises Operating in the U.S., China General Chamber of Commerce-USA
- April 29, 2020
Is the Tsunami Coming? How Lenders Can Mitigate the Potential Litigation and Regulatory Risks from the COVID Loan Programs, New York City Bar Association
- April 2, 2020
Dealing with U.S. Subpoenas and Document Requests, Jones Day Webinar
- Northwestern University (J.D. 1997; Note and Comment Editor, Journal of Criminal Law & Criminology; First Place, Lowden-Wigmore Prize for Legal Scholarship; Finalist, The Adlai E. Stevenson II Award for Best Brief); London School of Economics (M.Sc. 1994); College of William & Mary (B.A. 1992)
- New York, U.S. Supreme Court, U.S. Court of Appeals for the Second Circuit, and U.S. District Courts for the Southern and Eastern Districts of New York and Northern District of Oklahoma
- Recognized as an "international banking expert" by The Washington Post and as a "China specialist" by The National Law Journal