- Counsel to several of the largest CDO, CLO, RMBS, and CMBS trustees in various commercial litigation matters and commercial trust disputes in state and federal court.
- Second-chaired a one-week trial on behalf of CDO trustee in action involving contractual and equitable claims brought against the collateral manager and affiliated parties. (S.D.N.Y.).
- Defense counsel for a CDO trustee in a $100 million civil action alleging breach of duties under the Indenture and other governing documents. (S.D.N.Y.).
- Defense counsel for two U.S. banks both in their individual capacities and as trustees of separate mortgage trusts in civil actions alleging breach of contract and other claims related to the banks’ actions and assignments after borrower defaults. (Del. Super., Del. Supr.).
- Defense counsel for a warehouse lender in a civil action alleging breach of contract, equitable, and tort claims arising out of the failed sale of mortgage loans. (N.Y. Sup. Ct.).
- Defense counsel for a major U.S. automobile insurance company in approximately 100 actions in New York alleging breach of contract and consumer protection claims arising out of the payout of automobile insurance claims. (N.Y. Sup. Ct., E.D.N.Y.).
- Counsel to a major U.S. health insurance company related to the negotiation and procurement of a Medicare Advantage contract for a major municipality’s retirees.
- Represented a state-owned foreign bank in civil action in New York involving multibillion-dollar fraud and civil conspiracy. (N.Y. Sup. Ct.).
- Represented a CDO trustee at trial and prevailed on appeal in an interpleader action arising out of a dispute over the interpretation of Indenture provisions. (S.D.N.Y., 2d Cir.).
- Represented a CLO trustee in multiple proceedings arising out of a public auction of loans and equity interests in distressed companies. (S.D.N.Y., Bankr. Del.).
Partner,
- Phone: +1 212 210 1289
- Email: elizabeth.buckel@alston.com
Elizabeth is a complex commercial and financial services litigator who leverages her financial background and industry experience to understand her clients' business needs and goals. She represents multinational corporations, financial institutions, and insurance companies in high-stakes disputes throughout the United States.
- Represented a multibillion-dollar insurance company against perpetrators of a highly publicized Ponzi scheme in parallel multi-year litigation and arbitration proceedings. (S.D.N.Y., AAA).
- Represented a major U.S. investment bank in transaction-related litigation in the commercial division of the New York State Supreme Court alleging tortious interference with contract and unjust enrichment. (N.Y. Sup. Ct.).
- Represented a group of investment funds in litigation brought against an Asian sovereign wealth fund, asserting violations of the federal securities laws in connection with a debt offering. (S.D.N.Y.).
- Represented corporations in SEC and DOJ investigations related to insider trading and other regulatory and compliance issues.
- Represented multiple major public policy organizations as amicus curiae in a case involving constitutional violations of speedy trial rights before the New York Court of Appeals.
- Counsel to domestic violence victims seeking orders of protection and custody of children in family court.
Elizabeth Buckel is a partner in Alston & Bird’s Litigation & Trial Practice Group.
Elizabeth concentrates her practice on complex commercial litigation, with a special focus on financial services, securities, and insurance litigation in state and federal courts. She has experience representing global financial institutions and financial services providers in diverse litigation matters related to structured products and derivative instruments, including collateralized debt and loan obligations, residential and commercial mortgage-backed securities, and credit default swaps.
Elizabeth has been a key member of teams representing multinational corporations in complex multi-year tort and contract disputes in multiple venues and jurisdictions. She also represents corporations and individuals in internal investigations and investigations before state and federal regulatory agencies including the DOJ, SEC, and FINRA.
Elizabeth maintains an active pro bono practice, working with Sanctuary for Families to represent domestic violence victims in civil proceedings and partnering with social justice-focused public policy organizations on a variety of legal initiatives.
Before attending law school, Elizabeth was an investment banking analyst in the global energy and power group at Bank of America Merrill Lynch.
Bar Admissions
- New York
Education
- Georgetown University (J.D., 2013)
- Georgetown University (B.S.F.S., 2008)
Memberships
- New York City Bar Association, Structured Finance Committee
- Sanctuary for Families , Pro Bono Committee