Lawrence P. Eagel

Legal Career

1989 – 1994 Proskauer Rose LLP
1987 – 1989 Squadron Ellenoff Plesent & Lehrer
1983 – 1986 Burns Summit Rovins & Feldesman
Lawrence was also a certified public accountant and, worked in the late 1970’s, as an auditor for Grant Thornton & Co. (formerly Alexander Grant & Co.) in their Washington, D.C. office.
 

Areas of Practice

Larry Eagel handles all types of business-related litigation, but is particularly skilled in the areas of corporate management, securities and bankruptcy/insolvency litigation. As JD and former-CPA, Larry has a thorough understanding of complex financial transactions. His knowledge and experience allows him to identify quickly the nuances of financial documents and evaluate the impact of financial misrepresentations on an enterprise’s ongoing concern value.

Larry’s cases typically involve litigating breaches of fiduciary duty and financial misrepresentation. Larry is one the few experts in litigating complex issues arising out of Master Limited Partnership “drop down” transactions. Larry also has an active practice representing consumers asserting claims of misrepresentation or breach of contract. Larry recently represented stockholders asserting breach of fiduciary duty claims arising out of a multi-billion corporate restructuring, which resulted in the largest settlement in the history of the Delaware Court of Chancery. Other recent cases include representing senior secured lenders against former officers and directors of an insolvent company arising out of financial fraud and misrepresentation; a credit trustee asserting similar claims; shareholders in derivative litigation and creditors in several large pending bankruptcy cases.

His clients include:

• Asset-based lenders in litigation against company executives for fiduciary breaches and misrepresentations.
• Private investment funds in litigation against current or former officers and directors arising out of financial misrepresentations.
• Court-appointed/approved trustees, liquidators and or committees in specialized commercial litigation.
• Shareholders and/or creditors in derivative, securities, and bankruptcy-related litigation.
   

Professional Activities and Associations

• Member, Committee on Federal Legislation (1993-1997), New York City Bar Association