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Greg Blue joined Lachtman Cohen PC in 2018, after practicing in large regional law firms. He focuses his practice on complex business litigation, with an emphasis on disputes involving financial fraud and misconduct.

Greg’s representative federal cases include successfully defending a large financial institution in a putative class action alleging violations of the Racketeer Influenced and Corrupt Organizations Act (RICO) and fraud, winning dismissal at the pleading stage; negotiating a $36 million settlement for a family of investors in securities fraud litigation; obtaining a judgment against a foreign defendant in a case alleging fraud in connection with a reverse merger; defending a client alleged to have violated Section 13(d) of the Securities Exchange Act, successfully opposing motions for a temporary restraining order and preliminary injunction, and prevailing on a motion to dismiss; and representing venture capital funds sued for alleged tortious interference with contract involving their investments in a portfolio company, winning dismissal at the pleading stage.

Greg has also handled significant real estate and property-related disputes, including representing the co-owners of a hotel in a dispute with their business partners; representing a large, publicly-traded banking institution in contract litigation involving the sale of real estate in Manhattan; and substantial lease disputes on behalf of commercial landlords and tenants.  

Over the course of his almost 25 years in practice, Greg has also defended attorneys in cases involving allegations of legal malpractice and fraud, represented plaintiffs in legal malpractice actions, litigated insurance coverage matters on behalf of policyholders and represented plaintiffs in copyright and trademark disputes.

Greg understands that his clients often are best served by focusing on their business goals and avoiding litigation, if at all possible. To that end, Greg, who is a member of the mediation panel for the United States District Court for the Southern District of New York, has obtained millions of dollars for his clients in pre-litigation settlements of seemingly intractable disputes.

Greg is also experienced in bankruptcy-related litigation, representing debtors, official committees and creditors in complex cases. He represented the Official Committee of Equity Security Holders of Adelphia Communications Corp., which investigated potential claims against the Debtors’ pre-petition lenders and, based on those investigations, obtained authority from the Bankruptcy Court to assert claims on behalf of the Debtors’ estates. Greg also worked as Special Conflicts Counsel for the Official Committee of Unsecured Creditors in In re Calpine Corp. and was part of the team representing the Debtor in In re Transmar Commodity Group Ltd.

Greg was a History and Political Science major at The George Washington University and received his J.D., with honors, from The George Washington University Law School, where he was a member of the Law Review. He continues to serve GWU as an emeritus member of the Dean’s National Council on Arts and Sciences.

Thomson Reuters has included Greg on the Super Lawyers list for Business Litigation in New York, NY for the years 2015-2019.

Greg is admitted to practice in New York, New Jersey and California, and is a member of the bar of the United States District Courts for the Southern and Eastern Districts of New York, the District of New Jersey, the Northern District of California, the United States Court of Appeals for Second Circuit and the United States Supreme Court.

Representative Matters

Business Litigation

  • Successfully defended a large financial institution in a putative class action alleging violations of the Racketeer Influenced and Corrupt Organizations Act (RICO) and fraud, obtaining dismissal at the pleading stage (Southern District of Indiana)
  • Obtained a $36 million settlement for a family of investors in securities fraud litigation against Tyco International Ltd (District of New Hampshire)
  • Obtained a judgment against a foreign defendant in a case alleging fraud in connection with a reverse merger (Southern District of New York)
  • Obtained a multi-million-dollar settlement on behalf of a venture capital fund related to the sale of its stock in a technology company to insiders (Pre-litigation settlement)
  • Defended a client alleged to have violated Section 13(d) of the Securities Exchange Act, successfully opposing motions for a temporary restraining order and preliminary injunction, and prevailing on a motion to dismiss (Southern District of New York)
  • Represented venture capital funds sued for alleged tortious interference with a contract involving their investments in a portfolio company, winning dismissal at the pleading stage (Eastern District of Pennsylvania)
  • Represented an investor who brought suit for breach of stock purchase agreements, obtaining a full recovery plus pre-judgment interest on summary judgment (Middle District of Pennsylvania)
  • Represented a limited liability company and its majority member in a declaratory judgment action concerning a former member’s claim for rescission of the agreement transferring his interest in the company. (New York State Supreme Court)
  • Represented the co-owners of a hotel in a dispute with their business partners concerning owner loans, personal guarantees and capital contributions. (New York State Supreme Court)
  • Obtained an early settlement of claims against a technology company involving a contract dispute with a contractor (Southern District of New York)

Real Estate Litigation

  • Represented a large, publicly-traded banking institution in contract litigation involving an alleged breach of contract concerning the sale of real estate in Manhattan (New York State Supreme Court)
  • Represented a real estate investor in a dispute with his partner concerning California real estate, successfully negotiating a resolution of the matter with the withdrawal of one of the partners from the venture (pre-litigation settlement)
  • Represented limited partners in a partnership that owned an office tower with respect to claims of self-dealing and breach of fiduciary duty by the general partner in connection with the sale of the property (pre-litigation settlement)
  • Represented a commercial tenant in a lawsuit alleging that the tenant fraudulently calculated a co-tenant’s share of rent, winning the case on a motion to dismiss (New York State Supreme Court)
  • A dispute between investors and a financial institution involving a fraudulently marketed hedge fund investment, resulting in the return of a portion of the investors’ money (pre-litigation resolution)

Attorney Liability Litigation

  • Represented an attorney in a dispute with his former partner concerning alleged conversion of firm assets
  • Represented an attorney alleged to have aided his client in perpetrating a fraud, obtaining dismissal of the case with an award of fees against the plaintiff
  • Represented an attorney sued for alleged complicity in his client’s fraud, obtaining a favorable early-stage settlement

Employment Litigation

  • Represented an employer sued under federal and state wage laws alleged to have underpaid the company’s CFO, obtaining dismissal of the federal suit
  • Represented an employer sued under federal and state wage laws alleged to have failed to pay overtime, and alleged to have retaliated against the complaining employee, obtaining a favorable pre-trial settlement
  • Represented an employee in a discrimination suit, successfully arguing that an employee who is covered by a collective bargaining agreement with an arbitration provision is not required to arbitrate her sexual harassment and discrimination claims prior to filing suit under Title VII