Jonathan Oblak’s practice covers a broad range of complex commercial, contractual and financial markets disputes, including claims relating to breach of contract, public and private securities, structured finance transactions, antitrust matters, intellectual property rights, joint ventures, and unfair competition. He has a proven track record of obtaining exceptional results, representing Fortune 500 companies as plaintiffs and defendants in a range of high-stakes commercial disputes, in state and federal courts across the country, and at the trial court and appellate levels. Jonathan also maintains an active pro bono practice, with matters that have garnered national recognition.
- AIG
- American General Finance
- Flexjet
- Fox
- FremantleMedia
- Intuit
- Federal Housing Finance Agency
- MBIA Insurance Corporation
- MHR Fund Management
- Miramax
- Motorola
- Morgan Stanley
- Representing MHR Fund Management in defending multi-billion dollar breach of fiduciary duty claims relating to the sale of a portfolio company.
- Represented private jet operator Flexjet in bringing claims against Honeywell under the parties’ aircraft engine maintenance agreement where Flexjet sought more than a billion dollars in liquidated damages as a result of Honeywell’s failure to timely service its engines. After defeating various of Honeywell’s contractual and force majeure defenses on summary judgment, Flexjet obtained a landmark settlement in advance of trial.
- Represented the Federal Housing Finance Agency in its capacity as Conservator to Fannie Mae and Freddie Mac in connection with groundbreaking litigation regarding private label residential mortgage backed securities purchased by Fannie Mae and Freddie Mac. FHFA settled seventeen cases against prominent financial institutions and recovered more than $25 billion for the American taxpayer. Served as trial counsel in FHFA’s federal trial against Nomura and Royal Bank of Scotland, securing an $800 million judgment for FHFA.
- Counsel for a nationwide class of purchasers and sellers of credit default swaps who brought suit against thirteen of the world’s largest banks alleging that defendants conspired to block the emergence of exchange trading of credit default swaps and took other anticompetitive actions. There, the Court approved a settlement in which defendants paid more than $1.85 billion dollars to the plaintiff class.
- Represented class of pro bono plaintiffs in bringing fraud and RICO claims against a web of individuals and companies used to defraud student loan borrowers with false promises of obtaining loan forgiveness. After plaintiffs defeated a motion to dismiss the RICO claims, defendants halted their fraudulent operation and agreed to pay a $1 million settlement for the benefit of the class. The case prompted numerous other suits by federal and state regulators over the fraudulent practices.
- Represented monoline bond insurer MBIA Insurance Corporation against Bank of America, Countrywide Financial Corporation, Countrywide Home Loans, Inc., and various subsidiaries and affiliates in an action arising out of fraudulent misrepresentations and breaches of contract in connection with $21 billion of residential mortgage backed securitizations.
- Represented Google in connection with trademark infringement lawsuits filed against it in multiple jurisdictions relating to its AdWords programs.
- Represented motion picture studio in breach of contract and unjust enrichment action brought by film producer relating to claims that producer was owed millions of dollars in profits from the movie in the form of "contingent compensation" that allegedly should have been paid based on the film's financial performance.
- Represented major motion picture studio and a number of producers, production companies and screenwriters defending copyright, Lanham Act and state unfair competition claims relating to a successful motion picture. All claims were resolved in defendants’ favor prior to trial.
- Represented Intuit in breach of contract, breach of fiduciary duty and fraud claims brought by brokerage firm regarding a venture to form an on-line brokerage service. Obtained dismissal of fraud and punitive damages claims.
- Represented Fox and FremantleMedia in an action for copyright infringement and tortious interference concerning a reality television show. After moving for summary judgment on the grounds of lack of substantial similarity of protectable expression we obtained dismissal with prejudice of all claims.
- Represented national air carrier in action brought before the U.S. Department of Transportation in which competitors sought to "decertify" the carrier so that it would no longer be able to conduct operations within the United States. Obtained complete victory after four week trial and successfully defended ruling on appeal.
- Lender Liability & Other Banking and Financial Institution Litigation
- Employment Litigation
- Entertainment & Media Litigation
- Securities Litigation
- Structured Finance & Derivatives Litigation
- Copyright Litigation
- Shareholder Activist Litigation
- Corporate Governance Litigation
- Artificial Intelligence Data Center Disputes
- Cornell Law School
(J.D., magna cum laude, 1999)- Cornell Law Review:
- Associate and Editor
- Moot Court Board
- Cornell Law Review:
- Cornell University
(B.S., 1994)
- The State Bar of New York
- United States District Courts:
- Southern District of New York
- Northern District of New York
- Law Clerk to the Hon. Joseph L. Tauro:
- United States District Court for Boston, Massachusetts, 1999-2000
- Gibson, Dunn & Crutcher, LLP