Molly Wells is a partner in Fishman Haygood's Litigation Section. She has experience representing both plaintiffs and defendants across all manner of commercial litigation.
Molly is known for her careful attention to detail in addressing complex problems before and after the initiation of legal proceedings. When legal proceedings cannot be avoided, Molly most frequently represents clients in litigation or arbitration on claims for breach of contract, unfair trade practices, common-law aiding and abetting, violations of securities, antitrust, and mineral laws.
Most notably, she was counsel to investors defrauded in R. Allen Stanford's $7 billion Ponzi scheme in their lawsuit against the five banks that the investors allege aided and abetted or knowingly participated in the scheme. Settlement totaling $1.6 billion were reached with five bank defendants on the eve of the trial.*
Molly is also a member of the firm's international arbitration team. Fishman Haygood handles a number of disputes arising under bilateral investment treaties ("BIT"s), which sovereign nations enter to protect investors of their country who make investments in their partner country under the treaty. In such matters, the firm represents claimant construction companies in confidential arbitrations against respondent sovereign nations who expropriated or otherwise impaired the claimant's investment within respondent's borders in violation of the applicable BIT. For example, she represents a Turkish company, Akgun Insaat Makina Sanayii ve Dis Ticaret Ltd. Sti ("Akgun"), in a case against the Federal Democratic Republic of Ethiopia in a construction dispute under the Turkey-Ethiopia BIT. Molly and the other members of the Akgun team tried the matter at the Peace Palace in The Hague, Netherlands, in May 2022, and the case is currently pending before the Permanent Court of Arbitration.
Molly received her law degree summa cum laude from Tulane University Law School. While in law school, Molly served as Managing Editor of the Tulane Law Review and as a student attorney with the Tulane Environmental Law Clinic. After law school, Molly clerked for the Honorable Carl J. Barbier of the United States District Court for the Eastern District of Louisiana.
*Results may vary.
Updated Sep 2024
