HIGHLY PUBLICIZED CASES
Seijas, et al. v. The Republic of Argentina:
Diaz Reus represents bondholders against the Republic of Argentina, which defaulted on its sovereign debt in 2001. Plaintiffs settled their class action lawsuits against Argentina. The class actions involved holders of approximately US $700 million of defaulted Argentine bonds. The case has been ongoing for 14 years.
Diaz Reus represents a media rights company executive in a criminal indictment in connection with the ongoing FIFA soccer corruption scandal. Through its efforts, Diaz Reus negotiated a resolution of the criminal case whereby the Government did not charge the client with corruption and money laundering charges.
Diaz Reus successfully represented Mexican citizen and businessman John Freddy Cuellar Silva, who was listed by the US Office of Foreign Assets Control (OFAC) on its SDN list for links to Joaquin “El Chapo” Guzman as a partner and financial front-man. Diaz Reus successfully de-listed and removed Cuellar Silva from the OFAC list.
Diaz Reus represents former Honduran Presidential candidate, lawyer, banker and high-powered businessman Yani Rosenthal in federal court in the Southern District of New York, where he was charged with various counts of money laundering. Diaz Reus successfully negotiated a resolution of Mr. Rosenthal’s case, including a dismissal of the more serious money laundering charges in exchange for a plea of guilty to reduced charges. Diaz Reus is in the process of securing Mr. Rosenthal’s removal from the US Treasury’s OFAC list.
Diaz Reus successfully represented 30 American automobile dealerships in two parallel actions filed in the United States District Court for Northern District of Georgia and in Georgia State Court in Fulton County, Georgia, seeking damages resulting from Mahindra and Mahindra USA’s failure to certify and import its light trucks and SUVs from India into the United States, which caused Plaintiffs to suffer substantial damages. Claims included fraud, negligent misrepresentation, fraudulent inducement, tortious interference, unjust enrichment, civil conspiracy, negligence, violation of the federal automobile dealers act, and violations of 17 state “dealer day in court” laws.
Diaz Reus represented CVG Ferrominera Orinoco C.A. (FMO), an organ of the Bolivarian Republic of Venezuela, in a Rule B maritime attachment action before the United States District Court for the Southern District of New York and in six arbitration forums in the US and Europe. The case involved complex issues of sovereign immunity and maritime jurisdiction.
Significant Case Examples
OFAC/Cuba: Successfully unblocked frozen funds on behalf of El Salvadoran paper products company for alleged violations of Cuba sanctions program.
Magnitsky/OFAC: Represent National Police Commissioner for alleged violations of human rights.
Magnitsky/OFAC: Represent leader of political party for alleged violations of human rights.
Magnitsky/OFAC: Represent head of state owned oil company for alleged acts of corruption.
Espionage: Coordinated defense of multiagency investigation of various U.S. Homeland Security Agent’s and the successful defense of private attorney for alleged acts of espionage, violations of trading with the enemy, corruption, kickbacks and money laundering.
Corruption/Visa Revocation: Successful pre-indictment representation of former tax director in Central America in avoiding criminal charges for money laundering/corruption and securing his previously revoked U.S. visa and immigration status.
OFAC/Money laundering: Represent former military intelligence chief in Latin America sanctioned by OFAC and criminally charged with U.S. money laundering violations.
Corruption & OFAC: Successfully represent and avoid criminal charges for bankers and financial institutions for alleged role in laundering funds from a PDVSA kickback, bribery and corruption (FCPA) scheme, terrorist financing and OFAC violations.
Asset Recovery: Represent bank supervising government authority in asset recovery matters.
Money Laundering: Successfully represent and avoid criminal charges for attorney and agricultural pesticides importers alleged to have conspired in a foreign exchange money laundering scheme.
Arbitration: Representation of government owned mining and minerals company in parallel U.S. and European based arbitrations.
Corruption, Money Laundering & OFAC: Successfully represent and avoid criminal charges for in-house oil company counsel alleged to have conspired in FCPA, corruption, bribery, OFAC and money laundering violations.
Visa Revocation: Successfully represent banker in the recovery of U.S. visa for alleged violations of significant acts of corruption.
Corruption and Money Laundering: Represent sports marketing officials in FIFA corruption scandal, pre- and post-indictment and sentencing.
OFAC, SDN/SDNT: Successfully represent Mexican national in removal from OFAC list as Specially Designated National (SDN/SDNT) for his alleged ties to “El Chapo” Guzman.
Arbitration: Represent U.S./Qatar based engineering company in arbitration proceedings against Brazilian construction company.
Litigation: Represent joint venture partners in multimillion dollar commercial litigation dispute against founding partners of Miami based Law Firm.
Asset Recovery: Represent commercial bank in collection of credit facilities extended in U.S., Europe, and Latin America.
OFAC: Represent cruise line and hotel start-up in Cuba.
Project Finance and OFAC: Represent Middle Eastern liquid natural gas (LNG) producers and investors in projects in Latin America, Caribbean, and Cuba.
Class Action and Asset Recovery: Represent class action bondholders against the Republic of Argentina for defaulting $700 million in bonds.
Intellectual Property and Litigation: Represent Chinese goods manufacturers for alleged trademark violations.
Corruption and Money Laundering: Represent individuals alleged to have conspired with former Treasurer of foreign government in money laundering, corruption, bribery/kickback schemes and various criminal law violations.
Compliance: Represent Central Bank on FINCEN, Sanctions Programs, OFAC and anti-money laundering compliance and regulatory issues.
OFAC: Advise and counsel Russian financial institution on prohibited activities and permissible transactions under sanctions regime.
Visa Revocation: Represent former Minister of Energy in Central America to avoid revocation of US Visa.
Visa Revocation: Represent family members in successful agricultural conglomerate in Central America in recovery of their visas which were revoked for alleged acts of corruption.
FCPA and Money Laundering: Represented former assistant to Minister of Energy and Power (Electricity) for alleged kickback, bribery, corruption and money laundering scheme in South America.
Extortion: Represented a wealthy Bolivian executive who fled to the U.S. after being persecuted by the Bolivian government and was subsequently extorted on U.S. soil by the chief of the Bolivian anti-corruption force, who is now serving three years in a U.S. Federal prison.
Honduran government co-op arbitration/U.S. Petroleum Company: Representing Central America cooperative in international arbitration action against U.S. petroleum company for breaching government transportation contract.
Spain/Florida $60 million Rubens painting recovery: Representing a U.S. family attempting to recover a painting by renowned 17th century Flemish painter Peter Paul Rubens, allegedly valued at over $60 million, wrongfully converted by consignors and art appraisers hired to appraise it, and now located somewhere in Spain.
South-American/Florida $200 million divorce: Prosecuting a $200 million divorce case involving the freezing of assets, tracing funds off-shore and piercing off-shore trusts throughout the Caribbean, Europe and U.S.
Guatemalan/Dubai airplane purchase: Arbitrating a commercial dispute regarding the purchase-and-sale contract transferring various airplanes from Central American to South American airlines—planes ultimately sold to a third-party airline in Dubai.
Immigration: Approval for an EB-5 Regional Center in the U.S. Pacific Northwest based on two projects with combined capital stacks of over $500 million and a desired EB-5 capital raise of over $250 million.
Immigration: Approval for an EB-5 Regional Center in the U.S. Gulf State region that encompassed four states and five hotel projects with a combined capital stack of over $35 million.
Chinese/U.S. collection: Representing a Chinese manufacturer of construction materials in a Florida collection action.
Guatemala/Florida fraud suit: Representing a prominent Guatemalan businessman and one of his companies in a breach-of-contract and fraud lawsuit initiated by a Florida-based medical-supplies distributor.
Florida Supreme Court Precedent: Argued on behalf of our client that an international sexual assault case should be tried in the United States, rather than Mexico, overturning a Third District Court of Appeal decision.
New York, obstruction of justice: Representing a high-profile New York financier and his representatives in a Florida Federal grand jury investigation for the destruction of evidence and obstruction of justice allegations.
U.S. Peruvian Government investigation: Representing U.S. multinational corporation victimized by fraudulent acts during government bid process in Peru.
Louisiana Bank OFAC/Middle Eastern terrorist money-laundering: Representing a Louisiana bank in a grand jury investigation of possible terrorist-financing and money-laundering charges against account holders of Middle Eastern descent who have been placed on OFAC’s no-fly list.
South-American/U.S.A. $300 million probate proceedings: Representing multiple heirs in a South American businessman’s estate in both primary and ancillary high net-worth probate proceedings in South America and the United States.
Venezuela/Kansas Money-laundering/aircraft purchase dispute: Representing a Florida company and aircraft purchaser against the Kansas-based manufacturer and the secured lender, for failing to remit net surplus proceeds after the aircraft had been improperly repossessed and sold—because it was allegedly purchased with tainted money from South American Ponzi scheme.
Argentina/Bermuda/BVI Ponzi-scheme accusations: Representing a South American businessman accused of running a multimillion-dollar Ponzi scheme through the sale of currency futures.
Dubai entertainment contract/singer: Representing singer and songwriter in contractual dispute with agent in Dubai-based arbitration.
Peruvian/Chicago telecom trade dispute: Representing a Peruvian telecom distributor against a Fortune 500 Chicago-based telecom supplier for the theft of trade secrets and commercial interference with distributor’s business operations.
Chicago Ex-wife accused in $13 million embezzlement: Representing the former wife of a Chicago bank employee who embezzled $13 million, in a lawsuit alleging she knew of and participated in her husband’s fraud.
Venezuela banking aid: Representing a Venezuelan government banking entity against a prominent South American family in connection with a multimillion-dollar loan guarantee.
Venezuelan government bond prosecution: Spearheading the investigation and civil prosecution of major U.S. bank for the verification, deposit and unauthorized withdrawal of Venezuelan government bonds.
Japan/Costa Rica/ Venezuela/ U.S. intellectual-property dispute: Investigating and prosecuting intellectual property rights and trademark violations in Costa Rica and Venezuela on behalf of a U.S. subsidiary of Japan-based manufacturer of high-end office equipment.
Venezuela/U.S.A. appeal: Representing a Venezuelan governmental financial institution in appeal challenging the trial court’s refusal to allow an additional time extension to serve the complaint and serve process on defendants in an outstanding government loan-collection action.
Colombian Euros seizures: Representing various Colombian casas de cambio/money transmitters whose funds have been frozen in the United States based on allegations of money laundering.
British Virgin Islands Trust dispute: Representing BVI Board of Directors majority against minority directors’ unauthorized and intransigent acts.
Ecuador human rights: Representing representative of U.S. corporation victimized by local police and judiciary for abuse of process.
Finnish/Chinese Telecommunications: Representing Finnish telecommunications company’s purchase of equipment from Chinese manufacturer for distribution in Latin America – contract and negotiations.
Guatemalan/Swiss commercial bribery and RICO investigation: Representing Guatemalan commercial industry leader victimized by Swiss-based international conglomerate’s kickback scheme to bribe Guatemalan employees in purchase orders.
Honduran Government entity arbitration: Representing government entity in contractual dispute and right to arbitrate case in proper forum.
North Carolina based U.S. national chain commercial dispute: Representing national retail chain against orchestrated nation and statewide attack by competing supermarket chain on restraint of trade and commercial lease dispute.
Guatemalan intellectual property theft: Representing victim of theft and conversion of intellectual-technology-based property rights by Florida-based corporation.