Aaron M. Rubin

Partner

Orange County

Leading financial institutions, including banks, funds and private credit firms, rely on Aaron to defend and enforce their interests in high-stakes litigation.

Aaron leverages his deep knowledge of the finance sector and his fluency in complex and innovative financial instruments to secure outstanding results for his clients, both in and outside the courtroom. He has advised preeminent investment banks, mortgage servicers, non-bank lenders and alternate asset managers on a broad range of major commercial disputes, securities litigation and enforcement actions. Aaron has particular experience defending claims brought against mortgage servicers and has in-depth knowledge of the servicing industry. He also is one of the preeminent litigators in the life settlement area, having pursued and defended claims on behalf of his fund clients over the course of his career. Having trained and honed his craft in New York serving the top tier of financial and fintech clients, Aaron has since moved to Orrick’s Orange County location, enabling him to advise clients in the finance sector on both coasts.

    • Ocwen Financial Corp. in decertifying a class on the eve of trial and rendering a civil RICO lawsuit worthless.
    • Various life settlement investors in defending policies against insurable interest challenges from estates and insurance carriers, as well as pursuing claims against insurance carriers for increases to cost of insurance rates.
    • Big Four Accounting Firms in handling civil and regulatory exposure, as well as compliance and investigations with the PCAOB, SEC, and DOJ.
    • KBC Bank KBC Bank, one of the largest banks in Belgium, in a high-profile $1.5 billion RICO case against Lazare Kaplan International, Inc. The headline-grabbing matter spans years of battles with Lazare and involves an alleged international conspiracy to steal tens of millions of dollars of diamonds and proceeds from their sale.
    • Citigroup in successfully obtaining an anti-suit injunction barring a former employee of Citibank from pursuing a lawsuit in Trinidad & Tobago in violation of an arbitration clause in his termination agreement, which required him to arbitrate any disputes with Citibank in New York.
    • Ocwen in a unique and massive ERISA class action, the first case of its kind, where plaintiffs purport to represent a class of trustees of all ERISA benefit plans that held investments in securitized mortgages serviced by Ocwen.
    • Ocwen in obtaining two dismissals in litigation, and then on appeal convincing the 11th Circuit to adopt all of Ocwen’s arguments, in a suit brought by Triaxx entities (three CDOs and their collateral manager) alleging that Ocwen’s mortgage servicing practices caused Triaxx $175 million in losses.
    • Commonwealth of Pennsylvania in partially vacating an arbitration award rendered against it under the Tobacco Master Settlement Agreement.