Howard G. (known to all as "Peter") Sloane advises leading banks and global corporations, boards of directors and directors and officers of publicly held companies in major commercial litigations, arbitrations and governmental investigations, with particular emphasis on crisis advisory, US and international commercial disputes and class actions.
Peter has extensive litigation experience in complex civil and corporate litigation and white collar criminal defense. He is widely known for his dexterity as a general commercial litigator and defense in class actions, securities, consumer fraud, antitrust, patent, employment and contract actions. He has represented corporations and individuals in jury trials and in investigations and proceedings before Grand Juries, the SEC, State Attorneys General, Department of Justice and US regulatory bodies. He has served as a court-appointed arbitrator in complex disputes and is named among New York's prominent commercial litigation attorneys by Euromoney's Benchmark Litigation.
Peter has represented, or is currently representing, the following Companies and/or directors and officers: AIG, Citi, CBOE, Deutsche Bank, Forbes, HSBC, XL Capital, Ltd. and Marsh & McLennan.
In 2009, Peter defended Household International and certain of its former officers in a five week jury trial where the plaintiffs alleged that defendants violated securities laws by misstating the company's financial results from subprime consumer lending. The jury exonerated defendants as to the majority of the allegedly false statements and those that remain are the focus of post-verdict motions. This case is one of the country's largest and most significant securities fraud class actions to date, and one of only a handful to be tried since the enactment of the PSLRA.
Professional Activities:
Peter is Chairman and CEO of the Heckscher Foundation for Children, a private foundation which contributes millions of dollars annually to hundreds of children's programs and charities; Trustee of Take the Field, Inc., an independent non-profit corporation which through a public-private partnership rebuilt 43 sports and physical education facilities in the New York City public schools; Trustee and member of the Executive Committee of Leadership for a Diverse America, an organization committed to nurturing the leadership potential of exceptional students from diverse backgrounds by increasing admission of underrepresented youth to the country's leading colleges and universities; Vice-Chairman of the Board of Trustees of The Horace Mann School; a Director of the Sisulu Academy from its formation as an alternative public school in Upper Manhattan, which was the first public school in New York to be accredited by New York State as a "Charter School"; Trustee of the Maria I. New Children's Hormone Foundation, which is dedicated to researching and finding cures for heredity diseases; Trustee of The Municipal Art Society of New York for over 25 years; and National Co-Chair, Harvard College Parents Fund. He is a member of the Council on Foreign Relations.
Peter has taught a weekly course on Practical Law to inner city 9th grade students at a public high school using a curriculum he developed which is aimed at demystifying the law by allowing young people to better understand and thereby develop a more positive attitude toward the law. The curriculum has been adapted by Cahill associates who themselves teach a similar program to inner city youth.
Peter became a partner in 1984, and served as Cahill's Co-Administrative partner from 1988-2008. He currently serves in several leadership roles in the firm.
