Steven M. Coren

Overview

Steven M. Coren is a founding shareholder of Kaufman, Coren & Ress, P.C. With more than 42 years of litigation  experience involving a broad variety of commercial and civil litigation. Mr. Coren concentrates his practice on complex civil litigation in federal and state court. As a leader of KCR’s litigation practice, Mr. Coren has settled or tried to verdict numerous multi-million dollar cases resulting in recoveries exceeding hundreds of millions of dollars. Mr. Coren has been repeatedly recognized as a Pennsylvania “Super Lawyer” in Philadelphia Magazine, and has been selected for inclusion in the 2010-2020 editions of The Best Lawyers in America, including his recognition as Philadelphia’s 2018 Lawyer of the Year in the area of Litigation – Banking and Finance.  Mr. Coren is a Fellow of the Litigation Counsel of America, a Trial Lawyer Honorary Society.

Representative Cases

• Recovered more than $150 million on behalf of a Chapter 7 trustee of a failed sub-prime lender in a series of cases arising out of the collapse of the sub-prime mortgage industry and successfully asserted claims against: (a) several Wall Street investment banks that had extended warehouse financing and served as underwriters for the failed lender’s securitization of sub-prime mortgages; (b) the Chapter 7 debtor’s former officers and directors; (c) the Chapter 7 debtor’s former attorneys; and, (d) the Chapter 7 debtor’s former auditor

• Recovered a $24 million judgment, including a $7 million punitive damage award, against a national bank on lender-liability claims for breach of contract, breach of fiduciary duty, and misrepresentation

• Represented numerous real estate developers and other businesses in eight- to nine-figure disputes with banks and other financial institutions

• Recovered an eight-figure verdict in a breach of contract case involving a dispute over programming and other rights with respect to a television station

• Recovered a fraudulently transferred business and millions of dollars in damages on behalf of two Chapter 7 trustees and prevailed on claims of fraudulent transfer and breach of fiduciary duty against an individual debtor, his wife and various entities

• Successfully represented law enforcement officials in civil rights claims against their superiors and recovered substantial money damages, along with injunctive relief

• Successfully defended claims of patent infringement and obtained a declaration invalidating a patent

• Successfully represented an originator of a television show against a defendant alleged to have misappropriated plaintiff's programing ideas

• Successfully represented a minority family in civil rights claims against police, school and township officials