Mayer Brown announced that partners Christopher Erckert, Matthew Ingber and Andy Pincus were named “MVPs” by Law360. This recognition honors “elite” lawyers who have “distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.”

A Banking & Finance partner in the firm’s Washington DC and New York offices, Mr. Erckert was selected as an MVP in the Project Finance distinction “for his contributions to a cutting-edge solar project in Mexico and influential transmission projects in Chile.” In Mexico, he played a role in the financing for Mexico’s Los Santos Solar Park project, the country’s second-largest solar plant and the first utility-scale solar facility in northern Mexico. “That was a great project to be involved in,” Mr. Erckert said in Law360. “It was the first solar self-supply project in Mexico, and now there are a [number] of other solar projects in the works in Mexico.” In Chile, Mr. Erckert guided Interchile SA as a borrower and Interconexión Eléctrica S.A. as sponsor in connection with a portfolio of transmission lines with a publicly reported capital cost of $1.3B, one of the largest infrastructure projects currently under way in the country. The project, which comprises the design, construction, development and ownership of the transmission lines in the country’s Central Interconnected Grid and the Northern Interconnected Grid of Chile, included a unique approach to the derivatives that Latin America has never taken before. “Whenever you break ground, it takes a little extra time,” he told the publication, “but it also requires more thought and more analysis, which is always fun.” This is the third time in four years that Law360 has recognized Mr. Erckert’s project finance accomplishments, having named him an MVP in the category in 2012 and 2014. (View article.)

Like Mr. Erckert, Mr. Ingber is a repeat honoree, having been named an MVP for three consecutive years. Law360 said Mr. Ingber’s work devising a way obtain court approval of global settlements of claims over alleged misrepresentations regarding residential mortgage-backed securities (RMBS) earned the New York Litigation & Dispute Resolution partner, who is also leader of the firm’s Litigation & Dispute Resolution practice, his spot on the Banking MVPs list. Invoking proceedings under Article 77 of New York’s Civil Practice Law and Rules to aid in the approval of a settlement, the strategy led to a $4.5B agreement resolving investors’ claims that JPMorgan & Chase Co. misled them into buying risky RMBS. The decision was a major victory for Mr. Ingber’s client, The Bank of New York Mellon, which was one of the trustees that evaluated and accepted the settlement on behalf of the investors. According to Mr. Ingber, one of the keys to his success is the ability to focus on the task at hand. “As a litigator, there’s no shortcuts,” he said. “You’ve always got to put in the time and effort and understand the facts and understand the documents, and the only way to do that is to remove yourself from some of the email traffic that we all struggle to navigate every day.” (View article.) 

As an MVP in the Appellate category, Mr. Pincus, Washington DC-based Litigation & Dispute Resolution partner, was selected for “arguing the blockbuster Spokeo case in front of the US Supreme Court,” in which the court found that “in order to maintain Article III standing, a plaintiff must allege a tangible or intangible concrete injury and cannot rely solely on a mere statutory violation.” The ruling had an immediate impact, as countless companies subject to no-harm class actions across the economy had a direct stake in the outcome. It was cited in nearly 50 other cases, 60 documents in appellate courts and 24 in trial courts by mid-July. “We knew the issue was important, we knew it was still coming up all over the place, so we were excited to see what would happen,” Mr. Pincus told Law360. “We thought we had a very good candidate to bring this issue back before the Supreme Court.” The true meaning of Spokeo remains to be seen as appellate court decisions begin to shake out, and often in contrasting ways, according to Mr. Pincus. Since the ruling, he has worked on several related cases in the post-Spokeo world. “I think we’re going to get a body of appellate law developing,” he said. “It wouldn’t surprise me in a year or two to see some post-Spokeo issues, how you decide what kind of intangible harm constitutes injury ... It’s going to take a while for it to be sorted out.” (View article.)