Simone, Caroline

As lead counsel, Glen has won trials in Federal and State courts and before arbitration panels for DuPont, Morgan Stanley, Guardian/Park Avenue Securities, Bankers Financial, Lincolnshire Management, Sun Chemical, Paul Stuart, Global Brands Marketing and Whirlpool. Glen combines trial instincts and skills with an affinity for and training in complex economic problems to present the client's case in a direct and persuasive manner.

Commercial and Securities Litigation

Recently, Glen won a trial in New York Supreme Court invalidating facially valid promissory notes worth millions of dollars on the grounds that the purchaser of a corporation should not have to pay off notes which really represented capital contributions rather than debt. In Federal Court, Glen won the trial of a $30 million breach of contract claim brought by the Italian clothing company Diesel against its US licensee/distributor. For Morgan Stanley, Glen prevented an attachment of "intangible contract rights" worth $20 million which allowed the delivery of Liquified Natural Gas to Buenos Aires during an energy shortage. For clients such as Morgan Stanley and The Guardian/Park Avenue Securities, he has won multiple NASD/FINRA arbitrations, including cases brought by corporate pension plans alleging improper investments. For Lincolnshire Management, a private equity company, he won a multimillion dollar arbitration brought by a business finder in connection with an acquisition. He won the trial of a breach of contract action in New York Supreme Court's Commercial Division, for the high end retailer Paul Stuart, in a complex case concerning the obligations of a Japanese licensee.

Glen is experienced at handling large complex commercial litigation. This includes a $200 million accounting fraud action arising from a corporate divestiture, in which he took over 50 depositions; a breach of contract and fraud action concerning alleged environmental misrepresentations; an $80 million mass consolidation of national property damage claims; actions arising out of breaches of agency, consulting, and confidentiality agreements; corporate raiding cases; and disputes arising out of interest rate swaps and foreign currency exchange derivatives.

Glen has worked closely with private equity clients on a number of litigations relating to their investments. These cases frequently require an in-depth knowledge of both the investment and management process.

Bankruptcy Litigation

Mr. Silverstein's bankruptcy litigation experience includes high profile adversary proceedings such as the Crazy Eddie securities litigation, representing creditors in various claims proceedings and hearings, and in connection with creditors committee and examiner discovery.

Product liability and Serious Personal Injury

Glen also has extensive experience defending large product liability and personal injury cases having represented DuPont, Whirlpool, Dresser Industries, and others for almost twenty years.

AWARDS:

New York Super Lawyers 2007-2011

Publications

What Will It Take To Make Non-Hourly Pricing A Real Fee Alternative?, The Metropolitan Corporate Counsel, Glen Silverstein and Joshua K. Leader, Jan. 2010, Vol. 18, No. 1, p.18.

Forget Hourly Billing – Performance-Based Billing Works, The Metropolitan Corporate Counsel, with Jeffrey W. Carr, FMC Technologies, Inc., Dec. 2008, Vol. 16, No. 12.

Using a Small Firm Can Produce Big Benefits,
The Metropolitan Corporate Counsel, with Jim McLaughlin, Lincolnshire Management, and Gordon Wylie, Guardian Life Insurance Company, Jan. 2008, Vol. 16, No. 1.

E-Mail and the Attorney-Client Privilege,
Defense Counsel Symposium for In-House Counsel, with David A. Paul, Oct. 2005.