Brings Associate With Him; Team Will Continue to Help Lenders Realize On Collateral & Represent Them in Contested Mortgage Matters
Adam Swanson, who has dedicated his legal career to defending financial institutions from consumer claims in real estate and other lending matters, has joined McCarter & English as a partner. Adam will split time between the firm’s Stamford, CT and midtown Manhattan offices and will be a member of its Bankruptcy & Commercial Litigation Practice Group.
Coming with Adam from the eponymous New York-based firm of Adam Leitman Bailey, Jessie Bonaros has joined McCarter as an associate in the New York office. As they did at their prior firm, they will defend financial firms – primarily mortgage servicers, mortgage investors and credit card-related debt servicers – from consumer claims filed under the panoply of consumer protection statutes. They routinely help creditors in direct actions and contested mortgage disputes and other cases in which borrowers’ collateral hangs in the balance.
Some of their work stems from foreclosures arising from the 2008 financial crisis, with statute of limitations issues – particularly in New York – vexing lenders and other creditors. “They are tough cases, but there are often creative strategies to save the collateral,” Adam said.
He noted that his practice is national, with major clients geographically from California to New York. He said joining McCarter, with 400 lawyers and nine offices, made sense because he and his clients will benefit from the firm’s excellence in more jurisdictions and greater number of practice areas.
Sheila Calello, leader of McCarter’s bankruptcy and commercial litigation group, said attorneys with Swanson’s skill set bolster the firm’s array of services on behalf of lenders and other creditors. “Adam is someone with impeccable credentials, and he practices in an area that not all lawyers are comfortable in,” she said. “We’re growing in Stamford and in New York, and he fits what we – and more importantly, what our lender clients – are looking for.”
Adam graduated cum laude from Quinnipiac University School of Law, and previously practiced at Blank Rome.