ProfessionalsJacobus "Janus" Schutte

Tel: +1-212-373-3152
Fax: +1-212-492-0152
jschutte@paulweiss.com
1285 Avenue of the Americas
New York,
NY
10019-6064
Fax: +1-212-492-0152
A partner in the Litigation Department, Janus Schutte has extensive experience handling a broad range of sensitive regulatory and complex commercial litigation matters, particularly on behalf of financial institutions, as well as investment advisors and their portfolio companies. In addition to his litigation and trial experience, Janus has helped numerous clients navigate internal investigations, enforcement proceedings, and Bank Secrecy Act/anti-money laundering matters.
EXPERIENCE
Significant representations include:
- A Special Committee of the Board of Directors of Credit Suisse Group AG in an investigation and widely anticipated report on the Bank’s relationship with Archegos Capital Management following the fund’s default and Credit Suisse’s related losses, and related enforcement proceedings;
- Apollo Global Management and its affiliates and portfolio companies in connection with various commercial disputes and regulatory inquiries;
- AR Global, a sponsor and manager of non-traded REITs, in a two-week trial in the Delaware Court of Chancery concerning breach of fiduciary duty litigation brought by a litigation trust against AR Global and its founders;
- Tesla’s directors in investigations and litigation arising out of Elon Musk’s “going private” tweets;
- Multiple financial institutions in connection with anti-money laundering compliance issues and regulatory investigations;
- Leading cryptocurrency exchanges in internal investigations and regulatory enforcement inquiries relating to their products and services;
- A leading global market maker in an investigation by a State Attorney General relating to algorithmic trading practices;
- A Special Committee of the Board of a financial institution in an internal investigation of sales practice and incentive compensation issues at a non-U.S. subsidiary;
- An Asian automobile manufacturer in investigations and litigations related to allegedly defective airbags;
- A S. manufacturer in product defect litigation; and
- A S. financial institution in actions in federal and state courts relating to structured mortgage products, including mortgage-backed securities.
Janus also maintains a robust pro bono practice with a focus on gun violence. He has represented the Sandy Hook families in a landmark $73 million settlement for their wrongful death suit against Remington Arms—the first suit of its kind nationally to pierce the legal immunity of firearms manufacturers and hold them accountable for the harm caused by their products.
Janus has also assisted financial institutions with supervisory exams, enforcement actions, remediation action plans, internal investigations, and ongoing regulatory communications.