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Andrew W. Breland

Counsel

Andrew represents plaintiffs and defendants in complex commercial litigation, including disputes concerning corporate governance, structured financial products, securities and private equity investments, and distressed investments. He has represented investment firms, corporations, and individuals in actions involving securities fraud claims, contract disputes, white collar criminal defense, and real estate matters.

Andrew has been recognised as a Business Litigation “Rising Star” by Super Lawyers. Andrew previously clerked for the Honorable Mary Kay Vyskocil of the United States District Court for the Southern District of New York.

Andrew also devotes time to pro bono work, representing individuals with developmental disabilities in actions under the Individuals with Disabilities Education Act, Americans with Disabilities Act, Medicaid Act and other federal civil rights statutes.

Andrew also serves on the boards of several nonprofit organisations. He is Co-Chair of the Executive Committee of Young New Yorkers for the New York Philharmonic and is a member of the Board of Directors of Bellevue Literary Press, an independent publisher devoted to publishing literary fiction and nonfiction at the intersection of the arts and sciences, and First Draft Academy, a nonprofit literacy organisation that helps students from under-resourced communities strengthen their writing and critical thinking skills through journalism.

Newsweek

Representing current and former owners, officers, and employees of Newsweek in multiple lawsuits arising out of the publication’s prior ownership by and spinoff from IBT Media. Successfully secured dismissal of multiple actions and claims, which remain on appeal.

 

JetBlue Airways Corporation

Representing JetBlue in a contract dispute with American Airlines over the companies’ “Northeast Alliance”

 

National Collegiate Student Loan Trusts

Representing a group of noteholders in the multi-billion-dollar National Collegiate Student Loan Trusts, including Angelo Gordon, Waterfall Asset Management, One William Street Capital Management, and Libremax Capital.

 

Icahn

Represented investment vehicles associated with investor Carl Icahn in Nevada state court against Rialto Capital Advisors for breach of contract and fraud in connection with Rialto’s servicing of certain assets held by a commercial mortgage-backed securities (CMBS) trust, which resulted in the largest loss on a CMBS conduit loan since the 2008 financial crisis.

 

Valeant Pharmaceuticals

Represented several investment and pension funds bringing direct securities fraud claims against Valeant Pharmaceuticals (n/k/a Bausch Health) and its officers arising from Valeant’s improper accounting and billions of dollars of fraud-related losses for shareholders.

 

Astra Asset Management

Represented Astra Asset Management, a London-based asset manager, in a trust instruction proceeding against Goldman Sachs involving Astra’s investment in an Abacus CDO sponsored by Goldman Sachs.

 

Legacy Cares, Inc.

Represented several of the world’s largest asset managers in a direct securities fraud action against bond underwriters, counsel, and others for claims arising from the bankruptcy of Legacy Cares, Inc.

New York University School of Law, J.D. 

Case Western Reserve University, M.A., Political Science

Case Western Reserve University, B.A., Political Science, English magna cum laude, Phi Beta Kappa

Bars

New York

New Jersey

U.S. District Court: Southern District of New York

U.S. District Court: Eastern District of New York

U.S. District Court: District of New Jersey

New York Metro, Super Lawyers Rising Star (2023-2026)

Hon. Mary Kay Vyskocil, U.S. District Court for the Southern District of New York

andrew.breland@pallasllp.com

+1 212 970 2329

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