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Chelsea Corey is a partner in the corporate and securities litigation practice in the Charlotte office of King & Spalding. Her practice focuses on high-stakes, complex commercial litigation and she has a depth of experience handling bankruptcy, securities, and accountant liability matters.  She has represented clients in the financial services, accounting, and energy industries.

She received her law degree, with honors, from UNC School of Law, where she served as the Law School Attorney General and a member of the North Carolina Law Review.  Chelsea also is a Healthcare Champion of the Charlotte Triage Initiative.  

 

Full Bio

Credentials

J.D., University of North Carolina School of Law, with honors

B.A., University of North Carolina at Chapel Hill, cum laude

New York

North Carolina

Mecklenburg County Bar

Best Lawyers in America, "Ones to Watch," 2020


Best Lawyers in America

Best Lawyers in America "Ones to Watch," 2021


Best Lawyers in America

Legal Aid Society Pro Bono Publico Award 2013

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Recognition

Best Lawyers in America, "Ones to Watch," 2020


Best Lawyers in America

Best Lawyers in America "Ones to Watch," 2021


Best Lawyers in America

Legal Aid Society Pro Bono Publico Award 2013

News

In the News · Source: Law360, Global Competition Review, Bloomberg Law, New York Law Journal, Law.com International, Global Arbitration Review, Daily Journal, The Deal, Intellectual Property Magazine, World Trademark Review, Commercial Dispute Resolution, Global Investigations Review, Le Monde du Droit, La Lettre des Juristes d’Affaires, Daily Report, The Oath, Houston Business Journal, The Texas Lawbook and Chicago Daily Bulletin

December 3, 2021
K&S elects 32 new partners and promotes 16 counsel across 16 cities

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Matters

Representing Petersen Energia Inversora, S.A.U. and Petersen Energia, S.A.U. in a SDNY action against the Argentine Republic and YPF, S.A., alleging claims for breach of contract and promissory estoppel arising from defendants’ failure to comply with their tender offer requirements.

Representing Global Brokerage, Inc. and its CEO and CFO in a federal securities class action filed in SDNY alleging claims under Sections 10(b) and 20(a) of the Securities and Exchange Act of 1934.

Represented Forex Capital Markets LLC in consumer class actions in SDNY alleging claims of breach of contract, breach of fiduciary duty, negligence and consumer fraud.

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Matters

Representing Petersen Energia Inversora, S.A.U. and Petersen Energia, S.A.U. in a SDNY action against the Argentine Republic and YPF, S.A., alleging claims for breach of contract and promissory estoppel arising from defendants’ failure to comply with their tender offer requirements.

Representing Global Brokerage, Inc. and its CEO and CFO in a federal securities class action filed in SDNY alleging claims under Sections 10(b) and 20(a) of the Securities and Exchange Act of 1934.

Represented Forex Capital Markets LLC in consumer class actions in SDNY alleging claims of breach of contract, breach of fiduciary duty, negligence and consumer fraud.

Represented Citigroup Global Markets Inc. and Citigroup Global Markets Limited in an adversary proceeding filed in the Thornburg Mortgage bankruptcy cases in Maryland seeking to avoid over $2 billion in transfers and other obligations that Thornburg made or assumed prior to bankruptcy. Obtained dismissal of the federal and state constructive fraudulent transfer claims asserted by the Trustee.

Represented a Big Four accounting firm in what was reported at the time to be the highest-stakes accounting malpractice case in U.S. history to go to trial. The plaintiff, the trustee of a bankrupt mortgage originator, sought $5.5 billion in damages in Florida state court. The case settled mid-trial.

Represented Darwin Deason, Xerox’s third-largest shareholder, in a New York State action to stop a change of control transaction between Fuji and Xerox and for damages against Fuji for aiding and abetting breaches of fiduciary duty by the Xerox board. Obtained a preliminary injunction of the transaction after a two-day evidentiary hearing and defeated motions to dismiss by Xerox board and Fuji.

Represented FXCM LLC in a regulatory proceeding filed by the CFTC in SDNY.

Represented The Renco Group and other affiliated entities in an action filed by the Fluor Corporation in Missouri state court alleging claims of breach of contract, tortious interference and veil piercing.

Represented Elan Corp., an Irish pharmaceutical company, in its successful defense of a hostile tender offer from Royalty Pharma.

News

In the News · Source: Law360, Global Competition Review, Bloomberg Law, New York Law Journal, Law.com International, Global Arbitration Review, Daily Journal, The Deal, Intellectual Property Magazine, World Trademark Review, Commercial Dispute Resolution, Global Investigations Review, Le Monde du Droit, La Lettre des Juristes d’Affaires, Daily Report, The Oath, Houston Business Journal, The Texas Lawbook and Chicago Daily Bulletin

December 3, 2021
K&S elects 32 new partners and promotes 16 counsel across 16 cities

View all

Matters

Representing Petersen Energia Inversora, S.A.U. and Petersen Energia, S.A.U. in a SDNY action against the Argentine Republic and YPF, S.A., alleging claims for breach of contract and promissory estoppel arising from defendants’ failure to comply with their tender offer requirements.

Representing Global Brokerage, Inc. and its CEO and CFO in a federal securities class action filed in SDNY alleging claims under Sections 10(b) and 20(a) of the Securities and Exchange Act of 1934.

Represented Forex Capital Markets LLC in consumer class actions in SDNY alleging claims of breach of contract, breach of fiduciary duty, negligence and consumer fraud.

See more
Icon close

Close

Matters

Representing Petersen Energia Inversora, S.A.U. and Petersen Energia, S.A.U. in a SDNY action against the Argentine Republic and YPF, S.A., alleging claims for breach of contract and promissory estoppel arising from defendants’ failure to comply with their tender offer requirements.

Representing Global Brokerage, Inc. and its CEO and CFO in a federal securities class action filed in SDNY alleging claims under Sections 10(b) and 20(a) of the Securities and Exchange Act of 1934.

Represented Forex Capital Markets LLC in consumer class actions in SDNY alleging claims of breach of contract, breach of fiduciary duty, negligence and consumer fraud.

Represented Citigroup Global Markets Inc. and Citigroup Global Markets Limited in an adversary proceeding filed in the Thornburg Mortgage bankruptcy cases in Maryland seeking to avoid over $2 billion in transfers and other obligations that Thornburg made or assumed prior to bankruptcy. Obtained dismissal of the federal and state constructive fraudulent transfer claims asserted by the Trustee.

Represented a Big Four accounting firm in what was reported at the time to be the highest-stakes accounting malpractice case in U.S. history to go to trial. The plaintiff, the trustee of a bankrupt mortgage originator, sought $5.5 billion in damages in Florida state court. The case settled mid-trial.

Represented Darwin Deason, Xerox’s third-largest shareholder, in a New York State action to stop a change of control transaction between Fuji and Xerox and for damages against Fuji for aiding and abetting breaches of fiduciary duty by the Xerox board. Obtained a preliminary injunction of the transaction after a two-day evidentiary hearing and defeated motions to dismiss by Xerox board and Fuji.

Represented FXCM LLC in a regulatory proceeding filed by the CFTC in SDNY.

Represented The Renco Group and other affiliated entities in an action filed by the Fluor Corporation in Missouri state court alleging claims of breach of contract, tortious interference and veil piercing.

Represented Elan Corp., an Irish pharmaceutical company, in its successful defense of a hostile tender offer from Royalty Pharma.

News

In the News · Source: Law360, Global Competition Review, Bloomberg Law, New York Law Journal, Law.com International, Global Arbitration Review, Daily Journal, The Deal, Intellectual Property Magazine, World Trademark Review, Commercial Dispute Resolution, Global Investigations Review, Le Monde du Droit, La Lettre des Juristes d’Affaires, Daily Report, The Oath, Houston Business Journal, The Texas Lawbook and Chicago Daily Bulletin

December 3, 2021
K&S elects 32 new partners and promotes 16 counsel across 16 cities

View all

Credentials

J.D., University of North Carolina School of Law, with honors

B.A., University of North Carolina at Chapel Hill, cum laude

New York

North Carolina

Mecklenburg County Bar

Best Lawyers in America, "Ones to Watch," 2020


Best Lawyers in America

Best Lawyers in America "Ones to Watch," 2021


Best Lawyers in America

Legal Aid Society Pro Bono Publico Award 2013

Icon close

Close

Recognition

Best Lawyers in America, "Ones to Watch," 2020


Best Lawyers in America

Best Lawyers in America "Ones to Watch," 2021


Best Lawyers in America

Legal Aid Society Pro Bono Publico Award 2013