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NEW YORK, 11.26.18 – Davis Wright Tremaine LLP (DWT) continues to expand its consumer financial services practice, today adding Peter N. Cubita, long a leader of the fair-lending and closed-end consumer-finance bars, as counsel in its New York office.

Cubita joins the firm from Ballard Spahr, where he was of counsel.

“Peter is widely and rightly regarded as one of the ‘deans’ of the closed-end bar, and we’re thrilled that he’s chosen to join our team,” said Claude Goetz, chair of DWT’s consumer finance practice.

Three months ago, DWT added Bradford Hardin, also a leading practitioner in fair-lending and closed-end credit matters. Hardin joined the practice from WilmerHale in Washington, D.C.

“The additions of Peter and Bradford over the past few months have significantly broadened and deepened our capabilities in fair-lending and closed-end credit matters, both in counseling and advocacy contexts.  These additions were driven largely by the expressed needs of our market-leading clients,” noted Goetz.

Cubita’s experience is wide-ranging, encompassing regulatory compliance, transactional, governmental enforcement, and class action matters, with extensive experience in the motor vehicle retail finance and leasing areas. His advocacy efforts have yielded seminal appellate decisions in cases presenting novel issues of consequence to the financial services industry. For example, he successfully briefed and argued the appeal in Perrone v. GMAC, which resulted in the first appellate decision to analyze whether detrimental reliance is required to recover actual damages for TILA disclosure violations. He also represented GMAC in connection with its interlocutory class certification appeal in Coleman v. GMAC, which resulted in a seminal holding that compensatory damages under the Equal Credit Opportunity Act are not recoverable by a Rule 23(b)(2) class.

Previously, Cubita worked as an in-house attorney at Ally Financial Inc., and was at Weil, Gotshal & Manges.

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