Dom Budetti handles a broad range of complex litigation matters on behalf of plaintiffs and defendants, including in high-stakes trials and arbitrations, as well as appeals in state and federal court. Dom has litigated disputes across practice areas, including contract disputes, business torts, securities and corporate governance matters, bankruptcy-related litigation, trade secrets, and employment disputes.

Dom earned his J.D. cum laude from New York University School of Law and his B.A. summa cum laude from Loyola Marymount University, where he graduated with honors. Prior to joining Elsberg Baker & Maruri, Dom worked as an associate at Selendy Gay PLLC, where his practice focused on complex commercial disputes in both state and federal courts. He previously served as a law clerk to the Honorable Cheryl L. Pollak of the U.S. District Court for the Eastern District of New York and to the Honorable Alvin K. Hellerstein of the U.S. District Court for the Southern District of New York.

Representative Matters

• Represented group of minority lenders of STG Logistics, Inc. in New York Supreme Court action challenging so-called “double dip” liability management exercise as violative of governing credit agreement and the implied covenant of good faith and fair dealing. Won near-total defeat of STG’s motion to dismiss.
• Represented commercial healthcare company defending against claims for tortious interference with contract and deceptive trade practices brought by Johnson & Johnson Health Care Systems Inc.
• Represented special committee of foreign debtor’s board of representatives in Chapter 11 proceeding, investigating potential fraudulent transfers and related claims in advance of final consideration of proposed DIP financing arrangement.
• Represented crypto investors in several class action lawsuits brought against crypto exchanges and issuers, asserting claims under state and federal securities and commodities laws before both the U.S. District Court for the Southern District of New York and the U.S. Court of Appeals for the Second Circuit. Won multiple victories on behalf of putative class, including multiple successful appeals to the Second Circuit regarding novel jurisdictional and other issues, defeat of a petition for a writ of certiorari before the U.S. Supreme Court, and defeat of a motion to compel arbitration before the District Court.
• Represented foreign representatives of several funds in liquidation asserting foreign avoidance, common law, and breach of contract claims, seeking to recover approximately $6 billion in redemption payments from hundreds of entities arising out of the Madoff scheme.
• Represented plaintiffs in a novel settlement of a nationwide class action lawsuit brought against one of the nation’s largest student loan servicers challenging its practices with respect to federal student loan borrowers on Public Service Loan Forgiveness. Assisted in securing unanimous affirmance of settlement approval on appeal in front of the U.S. Court of Appeals for the Second Circuit.
• Currently representing Youbi Capital GP (a crypto-related investment fund) and its principals in an action brought by putative shareholders alleging breach of contract and fiduciary duty claims.