< Back
Michael S. Devorkin photo - Golenbock Eiseman Assor Bell & Peskoe LLP

711 Third Avenue
New York, NY 10017
t: 212.907.7348
f: 212-754-0330

mdevorkin@golenbock.com
v: Add to Outlook
Print

Michael S. Devorkin
Partner

Mr. Devorkin specializes in complex business litigation and white collar criminal defense.  His two latest cases have resulted in recoveries of more than $425 million to victims of a Ponzi scheme and of corporate mismanagement of funds.  In LandAmerica, the Judge recently praised this work for

  • having hit it out of the park” in securing $317 million in recoveries to compensate customers of LandAmerica Exchange Services (LES), who lost money, in some cases their entire life savings, due to LES’s bankruptcy
  • being “extremely capable,” employing strategies that were “masterful,” and achieving results that were a “huge success” that was never anticipated
  • achieving 100% recoveries of the victims’ lost funds, plus 66% recoveries for their consequential damages

Mr. Devorkin has extensive experience for plaintiffs and defendants, individuals and businesses, foreign and domestic, in all phases of complex civil, criminal, and regulatory trials and arbitrations, from investigation through trial and appeal.  He has tried to verdict numerous jury and non-jury trials in federal and state courts and arbitrations and argued numerous appeals before the state and federal courts, including two successful mandamus petitions in cases of first impression.  In re United States, 608 F.2d 26 (2d Cir. 1979); Richardson Greenshields Securities, Inc. v. Lau, 825 F.2d 647 (2d Cir. 1987) (halting trial and directing judges not to prevent parties from filing motions).  Mr. Devorkin has also supervised internal corporate investigations.  Representative matters include:

  • Numerous Trustees in litigation to recover funds, including:
    • Recovery of more than $120 million for Ponzi scheme victims in In re 1031 Tax Group
    • Recovery and distribution of $317 million for depositor victims in In re LandAmerica
    • Bankruptcy of Paolo Gucci. In re Gucci, 309 B.R. 670 (S.D.N.Y. 2004), on remand to, 2005 WL 3150709 (S.D.N.Y. Nov. 28, 2005), aff’d, 197 Fed. Appx. 58 (2d Cir. 2006).
  • Foreign Liquidators for recognition under Chapter 15 of Bankruptcy Code, and enforcement of claims and discovery in United States
  • Individuals and companies in S.E.C. and criminal investigations and prosecutions for insider trading and fraud
  • Individual and company in D.O.J. antitrust price fixing investigation
  • Multiple Civil RICO cases for plaintiffs and defendants involving alleged multi-million dollar business frauds
  • French public company in International Court of Arbitration against Brazil company for fraud and breach of contract
  • Plaintiff businessmen for private antitrust claims for employment boycott in insurance industry
  • Case of first impression to allow 50% owner to obtain N.Y. Court dissolution of foreign BVI company and distribution of $8 million of New York assets
  • Owner of the former, foreign government airline and assets against lender claims for damages and control of airline and assets
  • Case of first impression under all risks, maritime insurance policy to recover $3 million, including attorneys’ fees.  Ingersoll Milling Machine Co. v. M/V Bodena, 619 F. Supp. 493 (S.D.N.Y. 1985), aff’d, 829 F.2d 293 (2d Cir. 1987), cert. denied, 484 U.S. 1042 (1988).
  • Estate in numerous litigations involving control of a public company
  • Recovery of $6.5 million damage judgment against the City of New York in 1993 after 20 week jury trials
  • Defense of price fixing, antitrust action against major railroads.
  • As an Assistant United States Attorney, S.D.N. Y., prosecuted significant organized crime and racketeering criminal cases and civil employment discrimination cases, including
    • United States v. Clemente, 640 F.2d 1069 (2d Cir.), cert. denied, 454 U.S. 820 (1980); In re United States, 608 F.2d 26 (2d Cir. 1979) (organized crime)
    • E.E.O.C.  v. Newspaper and Mail Deliverers’ Union, 384 F.Supp. 585 (S.D.N.Y. 1974), aff’d, 514 F.2d 767 (2d Cir. 1975), cert. denied, 427 U.S. 911 (1976)
    • E.E.O.C. v. Locals 14 and 15, 415 F. Supp. 1155 (S.D.N.Y. 1976)

Education and Honors

  • J.D., Yale Law School (1972), Director, Yale Moot Court of Appeals
  • S.B., Massachusetts Institute of Technology (1969), Academic Honors; Member of Osiris (honorary society dedicated to MIT)
  • Recipient of United States Department of Justice’s Special Achievement Award for Sustained Superior Performance of Duty for successful organized crime and racketeering prosecutions

Judicial Clerkship

  • Law Clerk, Gerhard A. Gesell, U.S. District Judge, District of Columbia (1972-73)

Practice Areas

Bar Admissions

  • State of New York District of Columbia
  • U.S. District Court, Southern and Eastern Districts of New York
  • U.S. Court of Appeals for the Second and Tenth Circuits
  • U.S. Supreme Court

Professional Activities

  • Member, New York State Bar Association

Prior Legal Experience

  • Doar Devorkin & Rieck
  • Assistant United States Attorney, Southern District of New York
  • Attorney-advisor to the Associate Attorney General of the United States

Awards

  • Named in Super Lawyers (2007, 2013-2017)
  • “Preeminent A-V” Rated by Martindale Hubbell