March 06, 2015
California Lawyer has selected Silicon Valley litigation partner Patrick Gibbs and San Diego Environment, Land & Resources partner Christopher Garrett as recipients of its 2015 “California Lawyer Attorneys of the Year (CLAY) Awards.” According to the publication, the annual awards “recognize California lawyers whose recent work has made a significant impact” during 2014 across a range of practice categories.
Gibbs earned recognition in the “Securities” category for defeating fraud and insider trading allegations by the US Securities and Exchange Commission (SEC) against Manouchehr Moshayedi, the founder of Santa Ana-based technology company sTec Inc. According to California Lawyer, “Gibbs argued that the SEC had mischaracterized the underlying events and cobbled together a theory of insider trading to match the evidence.” Ultimately, Gibbs and his team won a unanimous verdict in favor of Moshayedi in June 2014. Silicon Valley litigation partner Matthew Rawlinson was cited by California Lawyer as a lawyer based in the state who played a key role in the case team. The victory reflects the experience and skills of Latham & Watkins’ Securities Litigation and Professional Liability Practice, including handling more than 1,000 cases over the past decade ranging from federal and state class, individual and derivative actions to regulatory proceedings.
Garrett was honored in the “Environment” category for advancing the development of the largest ocean desalination plant in the United States, currently being built by the firm’s client Poseidon Water in San Diego County. Over a decade, Garrett helped navigate regulatory and litigation challenges to gain all approvals for the Carlsbad plant, which will provide high-quality water to residents and businesses in Southern California that have been impacted by ongoing drought conditions in the state. California Lawyer reported that after an appellate court ruling ended a series of litigation challenges to the plant development, “Garrett also negotiated with the San Diego County Water Authority for the sale of bonds to finance the plant and pipeline.” The magazine also noted that additional assistance was provided by Orange County/San Francisco partner Paul Singarella, San Diego counsel Jeffrey Carlin and Los Angeles partner Duncan Joseph Moore, who are all members of the Environment, Land & Resources Practice, along with San Diego finance partner Steven Levine.