Robert Carangelo

Partner

Weil, Gotshal & Manges LLP

Current

Current

Krispy Kreme Doughnuts, Inc. - Co-lead counsel for special committee of outside directors investigating allegations of wrongdoing and responding to derivative litigations. Final report issued on August 9, 2005. Glassman v. Arthur Andersen - Co-lead counsel representing Arthur Andersen in defense of purported class action on behalf of purchasers of The Bennett Funding Group securities issued pursuant to alleged Ponzi scheme. Defeated motion for certification of class of purchasers of hundreds of millions of dollars of defaulted notes and securities. Obtained favorable settlement after motion for class certification was denied without leave to replead. Breeden v. Arthur Andersen - Co-lead counsel representing Arthur Andersen in defense of $150 million accountant malpractice claims by Trustee in Bankruptcy of The Bennett Funding Group. Arthur Andersen's motion for summary judgment based on standing in pari delicto granted after live witness hearing, and affirmed by Second Circuit on appeal. Gideon Minerals U.S.A., Inc. v. Arthur Andersen (S.D.N.Y.) - Lead counsel representing Arthur Andersen. Plaintiffs, a US-based corporation and its alleged Indonesian subsidiaries, claimed to own lucrative mining concessions in Indonesia. They accused a syndicate of defendant banks of wrongfully claiming ownership of the mines and using them to secure a half-billion dollar loan and a one billion dollar loan guarantee from the US Export-Import Bank. Plaintiffs accused AA of preparing and filing supposedly false and fraudulent financial documents on behalf of its client - supposedly the syndicate - that induced the Ex-Im Bank to make the loan and loan guarantees. Plaintiffs sought injunctive relief. Weil Gotshal's team, headed by Mr. Carangelo, moved to deny the injunction and dismiss the related complaint. The Court denied the motion for a preliminary injunction from the bench and issued a written decision granting AA’s motion to dismiss the Complaint in its entirety. Laurence v. Entravision Communications Company, L.L.C. - Co-lead counsel representing Entravision in arbitration action in which plaintiff sought $60 million under an agreement to locate certain television stations for Entravision. Mr. Carangelo was co-lead counsel at the 7-day arbitration trial during which he conducted direct and cross-examinations of plaintiff’s witnesses, including the cross-examination of plaintiff’s expert regarding broad band actions. The arbitrator awarded plaintiff less than $1 million. 1300 Federal L.L.C. v. Verizon Communications Inc. - Co-lead counsel for Verizon Communication in commercial dispute involving $40 million lease guaranty. After filing motion to dismiss, the case was settled on terms favorable to Verizon. Bayerische Hypo-Und Vereinsbank AG v. Arthur Andersen (S.D.N.Y.) - Lead counsel representing Arthur Andersen in action brought by a German bank to recover investment losses suffered on securitizations sponsored by Commercial Financial Services, Inc. Mr. Carangelo briefed and argued the motion to dismiss in the Southern District of New York. The case was transferred to the Northern District of Oklahoma without Judge Sprizzo ruling on Arthur Andersen’s motion.

New York Law School

J.D.

1991

cum laude

Fairfield University

B.A.

1988

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What The Board Really Expects From The General Counsel (Washington, DC, June 08, 2004) Association of Corporate Counsel/National Association of Corporate Directors

What The Board Really Expects From The General Counsel (Chicago, June 08, 2004) Association of Corporate Counsel/National Association of Corporate Directors

Issues of Professional Responsibility For In-House Counsel (Miami, FL, November 05, 2003) Avaya Inc. Law & Corporate Affairs Conference

The World Of Litigation (New York, NY, October 08, 2003) Weil, Gotshal & Manges

Understanding Financial Statements And Determining Damages In Litigation (New York, NY, April 22, 2003) Weil, Gotshal & Manges

An Assessment of Regulatory Reform in the EU and Abroad: Success or Failure? (Washington, DC, May 20, 2002)

An Assessment of Regulatory Reform in the EU and Abroad: Success or Failure? (Washington, DC, May 20, 2002)

Current Issues In Securities Class Actions: Pleading Scienter Of An Auditor Under The Reform Act (New York, NY, November 01, 1999) Litig. & Bus. Evaluation Conference (November 1999)

Developments in the Oversight of Risk Management ( , January 24, 2007) The 3rd Annual Audit Committee Issues Conference

What The Board Really Expects From The General Counsel (Chicago, IL, June 08, 2004) Association of Corporate Counsel/National Association of Corporate Directors