Early in his career, Banks represented the American Stock Exchange in shareholder actions under Section 6 of the Securities Exchange Act, numerous consumer class actions under the now-defunct Department of Energy price controls on oil and gas, and a decade-long series of class actions arising out of Gulf Oil Corporation’s tender offer for the stock of Cities Service Corporation. To date, he continues to represent parties involved in complex litigation. As a by-product of his extensive litigation experience, Banks has a deep working knowledge of cost, fee and risk analysis.

Banks also serves as outside general counsel for the American Hotel & Lodging Association and the Travel Business Roundtable, prior to its merger into the US Travel Association.

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• Represented Appvion, Inc., a Wisconsin paper company, in a commercial American Arbitration Association (AAA) arbitration between Appvion and NCR, Inc., and also involving the B.A.T. Industries (BAT), part of the British American Tobacco group of companies (which was not joined as a party), in arbitration and, ultimately, settlement of a dispute involving alleged contractual obligations for a river clean up and claims, counterclaims and cross-claims in excess of $300 million
• Represented Starr International USA Investments and C.V. Starr & Co. Trust in a dispute with Ernst & Young (E&Y) in a $200 million Lehman Brothers-related litigation alleging that E&Y violated the federal securities laws because E&Y, in its role as the auditor for Lehman Brothers, failed to disclose or correct Lehman’s improper accounting for certain transactions that rendered its public disclosures and offering materials materially false and misleading
• Representing a major oil company in a maritime arbitration alleging breach of charter by a ship owner arising out of the grounding of a tanker on the Hudson River

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