Photo of Laura Stafford

As a Litigation senior counsel, Laura Stafford focuses her practice on complex business disputes, with a particular emphasis on bankruptcy litigation. Recently, she has had a lead role in representing the Financial Oversight and Management Board for Puerto Rico in litigation involving the restructuring of Puerto Rico’s finances. In that capacity, she has, among other things, managed the claims reconciliation process while litigating numerous other adversary proceedings and contested matters.

Laura has litigated a range of matters in the federal courts, including serving on the successful trial teams in MobileMedia Ideas v. Apple and ADREA v. Barnes & Noble, as well as before the International Trade Commission. She is experienced in all stages of the litigation process, including pre-suit due diligence, discovery, summary judgment and trial.

In addition, Laura maintains an active and diverse pro bono practice, with a focus on immigration law and gun control issues. She has secured permanent residency for numerous unaccompanied minors immigrating to the United States.  She has also filed numerous amicus briefs in federal and state court supporting the constitutionality of legislation.

Prior to joining Proskauer, Laura worked for the New York County District Attorney’s Office as a paralegal in the Frauds Bureau.

A recent settled SEC order, In re Arlington Capital Management, Inc. and Joseph F. LoPresti, highlights the potential benefits of voluntarily taking steps to remediate conduct or practices that could run afoul of the SEC’s rules and standards. If done correctly, voluntary remediation can result in meaningful reductions in the sanctions sought by the SEC. But if done incorrectly, remediation can result in wasted time and money – and possibly make matters worse. This post will explore the elements of an effective voluntary remediation plan, as shown by the remediation in Arlington, as well as some of the potential pitfalls of ineffective remediation.