Adam M. Foslid concentrates his practice on complex commercial and business litigation in federal and state courts and before arbitration panels throughout the United States. Adam is experienced representing clients in a wide array of disputes involving commercial transactions, breaches of contract, business torts, fraud, deceptive and unfair trade practices, fiduciary relationships, mergers and acquisitions, banking, insurance, partnerships, real estate transactions, construction defects, corporate governance, products liability, and claims of personal injury and wrongful death. Adam is active in the firm's leadership initiatives and manages the associate career development program in Miami.
Areas of Concentration
· Commercial and business litigation
· Real estate and construction litigation
· Banking and financial institution litigation
· Class action litigation
· Mass tort and product liability litigation
· Regulatory and enforcement actions
· Internal investigations
· Securities fraud litigation
· Shareholder derivative and corporate governance litigation
Professional & Community Involvement
· Board of Directors, Cleveland Orchestra Miami
· Board Member, The George Washington University Law School, Board of Advisors
· Board Member, Habitat for Humanity of Greater Miami, Board of Directors
· Member, American Bar Association
· Member, Dade County Bar Association
· Member, Federal Bar Association, South Florida Chapter
· Member, Florida Bar
· Member, United Way of Miami-Dade, Leadership Circle
Awards & Recognition
· Listed, Super Lawyers magazine, Florida Super Lawyers, "Rising Star," 2009-2011, 2013
· Listed, Florida Trend magazine, "Legal Elite," 2007
· Recipient, Pro Bono Award for Outstanding Service, The George Washington University Law School, 2003
· Represented a number of national and regional homebuilders in multiple state and federal court lawsuits involving allegedly defective Chinese-manufactured drywall, including in In Re Chinese Manufactured Drywall Product Liability Litigation, MDL No. 2047.
· Defended national homebuilders and developers in various pre-suit claims, lawsuits, and arbitrations involving, among other things, allegations of mortgage fraud, alleged construction defects, condominium rescission claims, disputes over purchase and sale agreements, land banking contracts, real estate development contracts, and numerous investor-group transactions.
· Represented a large financial institution accused of aiding and abetting a billion dollar Ponzi scheme involving viaticated insurance policies and administered the disbursement of tens of millions of dollars of escrowed funds on behalf of that financial institution in connection with the SEC's Mutual Benefits Corporation Receivership.
· Conducted various internal investigations for public and private companies in connection with, among other things, initial public offerings, IT security issues, accounting and financial reporting issues, allegations of mortgage fraud, construction defects, alleged health care fraud, and claims of serious personal injury and wrongful death.
· Represented numerous public and private companies in sensitive federal, state and regulatory investigations involving, among other things, alleged mortgage fraud, illegal campaign contributions and government contracts issues.
· Law Clerk, U.S. Attorney's Office for the District of Columbia
· Law Clerk, U.S. Department of Justice, Civil Division, Torts Branch
· Judicial Intern, Hon. Ricardo M. Urbina, U.S. District Court for the District of Columbia
· Legislative Intern, U.S. Senator Bob Graham
Publications & Presentations
Articles, Lectures & Publications
· Mentioned, "How They Won It: Greenberg Sticks It to Chinese Drywall Co.," Law360, October 23, 2012