Jeremy L. Wallison

Attorney Profile

Top Rated Business Litigation Attorney in New York, NY

Wallison & Wallison LLP
 | 20 East 69th Street, Suite 5A, New York, NY 10021
Phone: 212-292-1011
Selected To Super Lawyers: 2014 - 2021
Licensed Since: 2002
Practice Areas:
  • Business Litigation (50%),
  • Appellate (50%)
    Attorney Profile

    Jeremy Wallison is a litigator and appellate lawyer focused exclusively on high-stakes business disputes. Notable recent victories for clients include:

    • Obtained $43 million judgment, the full amount owed, plus attorney's fees, in the first bondholder suit brought against the Bolivarian Republic of Venezuela following the 2018 default on its sovereign debt;

    • Obtained rare vacatur and remand from Second Circuit Court of Appeals on appeal of summary judgment dismissal of tortious interference claim brought by Paris art dealer against prominent New York art gallery;

    • Obtained substantial recovery for unsecured creditors of a group of failed hedge funds (after favorable rulings at the trial court and on appeal) in litigation seeking to rescind a strict foreclosure transaction between the hedge funds and a secured lender on the ground that the secured lender improperly exploited its bargaining leverage to obtain a windfall of $200 million in the transaction;

    • Secured total dismissal at pleading stage of fraud and breach of contract case arising out of acrimonious business divorce;

    • Secured total dismissal at pleading stage of breach of contract, promissory estoppel, unjust enrichment, quantum meruit and fraud claims arising out of alleged oral finders' fee agreements;

    • Recovered $3.9 million of a $4 million judgment obtained against an empty shell corporation by using veil-piercing and fraudulent conveyance claims to recover that amount from the judgment debtor’s owner and affiliates;

    • Used Delaware's information rights statute to secure from private corporation the financial information needed to allow former CEO to sell her shares in company;

    • Helped lead trial team to a substantial recovery on behalf of bondholders in attack on restructuring transactions involving billions of dollars in publicly-traded debt;

    • Obtained judgment against defaulted borrower for full amount of outstanding debt, then obtained dismissal of borrower's countersuit for fraud and breach of contract, then won judgment against borrower for the full amount of legal fees incurred in defending the countersuit (as an indemnified cost of "enforcement" of the contract), and then successfully defended dismissal and legal fees award on appeal;

    • Won dismissal of securities fraud class action suit on the basis of an argument the court termed a "novel theory" – that the likely failure of the fraudulent scheme alleged precludes an inference of fraudulent intent;

    • Obtained appellate court reversal holding that oral acceptance of a competitive bid gives rise to contractual liability even when the parties contemplated subsequent negotiation and preparation of definitive deal documents;

    • Won arbitration of complex commercial lease dispute by establishing that GAAP, for purposes of calculating an amount due under a private contract, permits accounting methodologies inconsistent with those used in the client's general purpose GAAP financial statements; and

    • Obtained appellate court reversal establishing a corporation's right to assert attorney-client privilege protection against a corporate director suing solely in a shareholder capacity.

    In addition to the above, Mr. Wallison has litigated a diverse range of claims involving contract formation and breach, appraisal rights for dissenting shareholders, business divorce (both corporate and partnership), director and officer liability for breach of fiduciary duty, illegal dividends and illegal stock repurchases, creditors' rights (including debt collection, Foreign Sovereign Immunity Act issues specific to sovereign debt, fraudulent conveyance and breach of indenture), securities and common law fraud, clearing agent liability, antitrust violations, art law, false advertising, defamation, tortious interference with contract, trademark and copyright, employment-related issues (including wage claims, violations of non-competition agreements, and retaliation), product liability, sales and secured transactions under the Uniform Commercial Code, judgment enforcement and professional malpractice.

    Mr. Wallison also has substantial experience litigating international disputes and the issues that frequently arise therein, including choice of law, choice of forum and cross border discovery. In the past seven years he has represented clients located in France, Canada, Argentina, Italy and the United Kingdom, and has co-counseled with law firms located in France, the United Kingdom, and Switzerland.

    Prior to forming Wallison & Wallison, Mr. Wallison was a partner at Foley & Lardner.

    Practice Areas
    • 50%Business Litigation
    • 50%Appellate
    Focus Areas



    Selected to Super Lawyers for 8 yearsbottom-image

    Super Lawyers: 2014 - 2021

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    About Jeremy Wallison

    Admitted: 2002, New York

    Professional Webpage:


    • Leslie and Edmund Glass Fellow, New York University School of Law
    • Harvard College Scholarship, Harvard University

    Bar/Professional Activity:

    • New York American Inn of Court

    Scholarly Lectures/Writings:

    • Participated in panel discussion on strategies in international asset recovery., Speaker, Getting redress for victims – prosecutors, liquidators and civil fraud lawyers, at Asset Recovery Americas 2018, an event organized by KNect365, 2018
    • Lectured on issues and methods in cross-border discovery, including blocking statutes and 28 U.S.C. 1782 proceedings., Speaker, “Cross-border discovery in International Disputes,” presented at the 10th Winter Seminar of Union Internationale des Avocats, 2015
    •  Co-authored article in The Review of Banking & Financial Services, Vol. 30, No. 5 (May 2014), Co-Author, “Valuing Contingent or Disputed Assets And Liabilities in Solvency Opinions”, 2014
    • Participated in panel discussion of issues and methods in valuing contingent and disputed liabilities and assets in solvency determinations., Panelist, “Valuation of Contingent and Disputed Liabilities and Assets in Solvency Determinations,” presented at Valcon 2013, 2013
    • Lectured on issues in the enforcement of preliminary agreements such as letters of intent., Co-presenter, “Traps for the Unwary in LOIs, NDAs and Other Preliminary Agreements — A Litigator’s Perspective,” presented at the New York Chapter of the Association of Corporate Counsel, 2012


    • Casa Express Corp. as Tr. of Casa Express Tr. v. Bolivarian Republic of Venezuela, No. 18 CIV. 11940 (AT), 2020 WL 5817282 (S.D.N.Y. Sept. 30, 2020)
    • S.A.R.L. Galerie Enrico Navarra v. Marlborough Gallery Inc., 751 F. App'x 39 (2d Cir. 2018)
    • ELJM Consulting, LLC v. Santoni S.p.A, Index No. 652431-17, 2018 NY Slip Op 31736(U) (N.Y. Sup. Ct. March 26, 2018)
    • Stillwater Liquidating LLC v. Partner Reinsurance Co., Ltd., et al., Index No. 652451/2015, 2017 NY Slip Op 30257(U) (Jan. 23, 2017), aff'd 59 N.Y.S.3d 8 (1st Dep't 2017) 
    • Marcum, LLP v. Rosenfarb, Index No. 27407-13, 2014 NY Slip Op 31216(U) (N.Y. Sup. Ct. April 3, 2014)
    • Travelport Limited, et al. v. Computershare Trust Company, N.A., Southern District of New York, Case No. 11 Civ. 7704 (PKC)
    • Edelman v. Emigrant Bank Fine Art Finance, LLC, 933 N.Y.S.2d 270 (1st Dep’t 2011)
    • Emigrant Bank v. UBS Real Estate Securities, Inc., 854 N.Y.S.2d 39 (1st Dep’t 2008)
    • Granata v. Sub-Zero Freezer Co., Inc., No 10655/03, 2006 WL 1358468 (Sup. Ct. March 27, 2006), aff’d 841 N.Y.S.2d 469 (2d Dep’t 2007)
    • In re Geopharma, Inc. Sec. Litig., 411 F.Supp.2d 434 (S.D.N.Y. 2006)
    • In re Geopharma, Inc. Sec. Litig., 399 F.Supp.2d 432 (S.D.N.Y. 2005)

    Educational Background:

    • A.B., cum laude, Harvard University, 1995

    Industry Groups

    • Art
    • Finance
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    Office Location for Jeremy L. Wallison

    20 East 69th Street, Suite 5A
    New York, NY 10021

    Phone: 212-292-1011

    Jeremy L. Wallison:

    Last Updated: 3/17/2021

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