Legend Venture Partners Receiver Announces Notice of Bar Date to Submit Claims
On June 26, 2025, Judge Lewis A. Kaplan of the U.S. District Court for the Southern District of New York approved a set of claims resolution procedures proposed by Melanie Cyganowski, the Court-appointed Receiver in the case captioned Securities and Exchange Commission v. Legend Venture Partners LLC No. 1:23-cv-05326-LAK (S.D.N.Y). Ms. Cyganowski was appointed as Receiver at the request of the U.S. Securities and Exchange Commission (SEC) following the SEC’s filing of a complaint alleging various violations by Legend Venture Partners LLC (Legend) of U.S. securities laws involving Legend’s sales of interests in certain “pre-IPO companies.” A copy of the SEC’s complaint may be found on the Receiver’s website at https://www.legendreceivership.com/.
Otterbourg Appoints Six as Equity Members, Most in Firm’s History; Three Promoted to Counsel
Otterbourg P.C. is pleased to announce the election of six new equity members, the most the firm has ever promoted in one year. The new Shareholders are David Castleman, Pauline McTernan, Nicholas Palazzolo, Michael Regina, Michael Rich and Lena Surilov. In addition, Otterbourg has named Gabriela Leon, Michael Maizel and Michael Pantzer to counsel. The large class is a testament to the firm’s success across multiple industries in New York.
Otterbourg Launches Mass Tort Bankruptcy Practice Group
Otterbourg P.C. announced today the launch of its Mass Tort Bankruptcy Practice Group. The move makes formal what had been treated as a highly-successful informal practice group within Otterbourg for the past few years.
Otterbourg Adds Restructuring and Bankruptcy Partner Sunni Beville
Otterbourg P.C. is pleased to announce that Sunni P. Beville has joined the firm as a partner in its Restructuring and Bankruptcy Department and as a Co-Leader of its Mass Torts Bankruptcy Practice Group. Ms. Beville comes to Otterbourg from Brown Rudnick, where she was a partner in the Bankruptcy & Corporate Restructuring Practice Group.
Otterbourg Adds Ron Brody as Head of the Firm’s Leveraged Finance Practice
Otterbourg P.C. is pleased to announce the arrival of Ron Brody as the head of the firm’s Leveraged Finance Practice Group.
Otterbourg Promotes Michael Rich to Member in the Banking and Finance Department
Otterbourg P.C. announced today that Michael Rich has been promoted to Member of the Firm, effective January 1, 2024.
Otterbourg Adds Adele Hogan as Head of Securities Practice
Otterbourg P.C. is pleased to announce the arrival of Adele Hogan as a member of the firm’s Corporate Department and head of the firm’s Securities Practice Group.
David Castleman Joins Otterbourg as Member in the Restructuring and Bankruptcy Department
Otterbourg P.C. announced today that David Castleman has joined the firm as a member in the Restructuring and Bankruptcy Department. He comes to Otterbourg from Raines Feldman LLP, where he was a partner.
Otterbourg Promotes James Cretella to Chairman of the Finance Department
Otterbourg P.C. announced today that James Cretella has been named Chairman of the Firm’s Finance Department.
Otterbourg Promotes Jennifer Feeney and Pauline McTernan to Members of the Firm
Otterbourg P.C. announced today that Jennifer Feeney and Pauline McTernan have been promoted to Members of the firm.
