Joseph J. Cherico represents clients in a broad range of complex commercial litigation, with a focus on mortgage underwriting, lending and other creditors’ rights litigation, real estate disputes, insurance coverage and other contractual disputes, and a variety of financial services and other business-related litigation.
Joe has significant courtroom and arbitration experience, regularly representing clients in the state and federal courts of Connecticut and New York, as well as in a variety of arbitration forums.
In his role as a business advisor, Joe negotiates and drafts contracts with an eye towards avoiding future disputes, analyzes legal issues to provide clients with an honest assessment of any risks associated with their business decisions and, when disputes arise, provides practical advice in an effort to resolve those disputes while at the same time vigorously representing his clients’ interests.
A major component of Joe’s litigation practice is representing lenders, special servicers/trustees for securitized mortgage pools and investors in lawsuits to enforce commercial loan agreements, including foreclosure actions, equipment replevin actions and all ancillary proceedings, such as appearing in bankruptcy proceedings to pursue proofs of claim, defend against preference actions and move for stay relief to enforce rights with respect to collateral on behalf of secured creditors, defending against claims of lender bad faith and other alleged improper conduct, seeking appointment of receivers to manage distressed properties, handling mortgage insurance and tax lien disputes, pursuing prejudgment remedy proceedings to secure collateral, and domesticating and enforcing money judgments. Joe also advises on landlord/tenant, environmental, insurance and other property management issues after taking title to foreclosed property, and loan workout negotiations.
In his real estate focused work, Joe provides advice with respect to commercial leases and regularly handles real estate litigation, including disputes over enforcement of early termination provisions, rent and security deposits, responsibility for tenant improvements, and interference with easement rights, as well as title insurance matters.
Joe’s range of litigation experience also extends to corporate acquisition and break-up disputes, intellectual property matters, alleged violations of securities laws, and other claims of financial fraud, negligence and breach of fiduciary duty, including defending against class action lawsuits.
Joe has served as the Office Managing Partner in the firm’s Stamford office since 2016. Joe is also a member of the Firm’s Strategic Growth Committee, which includes responsibility for developing and implementing the firm’s strategy for growth within its nine offices and beyond. Joe is a recipient of the firm’s “Changing Lives Award” in recognition of his pro bono work with the Connecticut Veterans Legal Center (CVLC). The CVLC has likewise recognized Joe as a “Pro Bono All-Star.”
Joe is a member of the American Arbitration Association’s national roster of neutral arbitrators. Joe has repeatedly been appointed to serve in the Connecticut Superior Court as a Magistrate, Special Master, Arbitrator, Fact Finder, and Attorney Trial Referee. Since 2012, Joe has served on the Board of the Fairfield County Bar Association, including on the Executive Board as Treasurer (2016-2017), Secretary (2017-2018), Vice President (2018-2019), and currently as President.