New York principal Kyle Lonergan focuses on complex commercial litigation and bankruptcy disputes and specializes in bankruptcy trustee litigation. His recent work includes representing the litigation trustees of major commercial bankruptcy estates in pursuing hundreds of millions of dollars in claims against numerous parties. Kyle’s courtroom successes have been covered by major publications such as the Wall Street Journal, The Financial Times, Bloomberg, and the American Bankruptcy Institute, among others, and he’s been recognized as a leading lawyer by prominent legal directories such as Chambers USA and Lawdragon's 500 Leading Plaintiff Financial Lawyers. Recently, following its Annual Survey of General Counsel, which probes more than 350 top legal decision makers, BTI Consulting Group recognized Kyle as a “Client Service All-Star” and noted his “client service is excellent,” while applauding him for being “creative in his approaches.” Read below to learn more about Kyle and what sets him apart as an All-Star.
Why do clients hire you?
I work closely with my clients to understand their needs, so I’m clear on the goals they want to achieve. Clients come to me with their most significant problems, and it’s my job to fix them and deliver results. Oftentimes, I need to pursue and obtain large recoveries from other parties to remedy the significant injuries and damages my clients have suffered. Clients hire me because they know I will be committed to them and completely invested in their success.
Please discuss a noteworthy matter you’ve handled over the past year.
I represent the Millennium Bankruptcy Litigation Trustee in seeking nearly $2 billion in damages from some of the nation’s largest banks, including JPMorgan, Citibank, Bank of Montreal, and SunTrust Bank, for making misrepresentations as underwriters of a syndicated loan to 400 investors who assigned their claims to the Millennium Trust. The case is currently on appeal in the Second Circuit on a novel issue of law: whether the notes for a syndicated loan constitute securities that should be regulated and subject to the securities laws. The question presented is of enormous significance, as it concerns a trillion-dollar industry. The case is being followed by all of the major business publications, including the Wall Street Journal and Bloomberg.
What differentiates your practice from others?
Over the years, I’ve developed a specialty in representing the litigation trustees of large bankruptcy estates. These cases are highly complex, with multiple potential claims and defendants and billions of dollars of damages. I’m one of a small group of lawyers who handle these types of cases, and have a significant track record of success with them. As a result, I am uniquely positioned in the market to offer clients a deep reservoir of knowledge and expertise, complemented by my exceptional team at McKool Smith.
