About the Receiver

Aurora CassirerAurora Cassirer
Troutman Sanders LLP
The Chrysler Building
405 Lexington Avenue
New York, New York 10174
aurora.cassirer@kennethstarrreceivership.com

An experienced trial attorney, Aurora’s varied litigation practice has included many business, banking, insurance, real estate, employment, and professional liability matters.  She has had substantial experience in employment and securities fraud class actions, breach of contract, qui tam, fraud, and valuation actions. She has counseled companies experiencing financial difficulties and has represented various financial institutions, including foreign and domestic banks, seeking to restructure debt. In the area of professional liability, she has prosecuted several legal and accountants malpractice claims and has defended professional liability claims against actuaries and consultants.  Aurora served as the Chapter 11 Trustee in a complex bankruptcy case, The Estate of David Schick (1996—2004) which generated various litigations and reported decisions.  She has also represented a number of creditors in a number of bankruptcy cases.

Representative Experience

  • Representation of companies including those in the telecom and other industries in connection with securities fraud class actions; (In re Cellular Technical Services Securities Litigation, Master File No. C97-1155WD – United States District Court for the Western District of Washington; In re Nice Systems, Ltd. Securities Litigation, Master File No. 2:01-CV-737 (JAG) – United States District Court for the District of New Jersey; In re TTI Securities Litigation, Master File No. 2:04-CV-04305 (PGS-ES)—United States District Court for the District of New Jersey).
  • Acted as Trustee in bankruptcy in connection with a real estate Ponzi scheme where the estate consisted of close to $300 million and recovery to the creditors was approximately 40%.  (In re Schick, Chapter 11, Case Nos. 96 B 42902 (SMB), 96 B 43969 (SMB) 96 B 46282 (SMB) (Jointly Administered) Chapter 11, Case No. 96 B 45033 (SMB), – United States Bankruptcy Court for the Southern District of New York).  Issues included those relating to fiduciary liability, secured transactions, money laundering, tracing of funds to Europe and the Middle East.
  • Representation of various banks including Citibank, Atlantic Bank of New York, Bank Leumi Trust Company of New York in connection with UCC actions (forged checks, forged endorsements, secured transactions), workouts, restructures and letter of credit issues.
  • Representation of Fortune 50 Company in connection with a special investigation of employee allegations in connection with due diligence relating to acquisition of a privately held company.
  • Representation of Fortune 50 insurance broker in connection with employee embezzlement and bank negligence issues.
  • Represented both plaintiffs and defendants in connection with several major anti-trust actions.

Education

  • New York University, J.D., 1975
  • Brooklyn College of the City University of New York, B.A., 1972

Bar Admissions

  • New York
  • New Jersey

Court Admissions

  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of New York
  • U.S. Court of Appeals for the Second Circuit
  • U.S. Court of Appeals for the Third Circuit
  • U.S. Court of Appeals for the Ninth Circuit
  • United States Supreme Court

Memberships

  • New York State Bar Association
  • New York State Women’s Bar Association
  • Member, NYWBA Judiciary Committee
  • American Bar Association, Section of Litigation
  • Chair, Commercial and Business Litigation Committee (1991—1994)
  • Co-Director, Division V—Substantive Areas of Litigation (1994-1996)
  • Member, State Justice Initiatives Task Force (1995-1996)
  • Co-Chair, Professional Liability Litigation Committee (1996-1999)
  • Chair, Real Estate, Property and Probate Litigation (1999-2000)
  • Co-Chair, Real Estate and Probate Litigation (2000—2002)
  • Member, Commission on Fiduciary Appointments (Birnbaum Commission) (2004-2005)
  • Member, Departmental Disciplinary Committee for the First Judicial Department (Supreme Court Appellate Division) (2008-2011)

Other Distinctions

  • Listed in the Law & Politics’ Super Lawyers, Corporate Counsel Edition (March 2010) for excellence in Business Litigation
  • Listed in Law & Politics’ New York Super Lawyers – Metro Edition (2008) for excellence in Business Litigation
  • AV Rated, Martindale Hubbell