Margaret Dale is a seasoned trial lawyer and first-chair litigator handling complex business disputes across a wide variety of industries and sectors, including consumer products, media and entertainment, financial services, telecommunications and technology, and higher education. A former vice-chair of the Litigation Department, she has been recognized since 2017 in Benchmark Litigation's Top 250 Women in Litigation.
Margaret’s practice covers the spectrum of complex commercial disputes, including matters involving contracts, bankruptcy and insolvency, securities, corporate governance, asset management, M&A, intellectual property, and privacy and data security.
Margaret regularly counsels clients before litigation commences to assess risk, develop strategies to minimize or avoid disputes, and resolve matters outside of the courtroom.
Margaret is a frequent writer, including authoring the “Privileges” chapter in Haig’s Commercial Litigation in New York State Courts, the “Data Breach Litigation” chapter in PLI’s Proskauer on Privacy, and “Perfecting the Appeal” chapter in PLI’s Principles of Appellate Litigation. She also serves as the lead editor of Proskauer’s blog on commercial litigation, Minding Your Business. For over 10 years, Margaret co-authored a regular column on corporate and securities law in the New York Law Journal.
Margaret maintains an active pro bono practice advocating on issues relating to reproductive rights, women, children, and veterans. She serves on the Board of Directors of CFR (Center for Family Representation), VLA (Volunteer Lawyers for the Arts), and the City Bar Fund.
Representative Matters:
Representation of the Financial Oversight and Management Board for Puerto Rico in the confirmation of a plan for PREPA, which was presented to the District Court over eleven days in March 2024. The plan aims to reduce PREPA’s legacy debt from about $15 billion to $2.589 billion while transforming its infrastructure. It has support from various creditors, but faces opposition from certain bondholders, pension claimholders, PREPA's main union, and many residents. Objections vary, with some believing creditors are overpaid and others arguing they are underpaid. Following a June 2024 ruling by the First Circuit Court of Appeals that acknowledged bondholders' claims on PREPA's Net Revenues, the District Court has paused all litigation for 60 days as parties entered mediation to seek a resolution.
Representation of The Depository Trust & Clearing Corporation (DTCC), National Securities Clearing Corporation (NSCC) and The Depository Trust Company (DTC) in a lawsuit brought in the District of Utah by Alpine Securities Corporation (Alpine) alleging that DTCC’s structure as a self-regulatory organization violates the Appointments Clause of the US Constitution and the Non-Delegation Doctrine.
Updated Oct 2024
