Manuel F. Cachán is a partner in the Los Angeles office of Munger, Tolles & Olson. His practice covers a wide array of complex civil litigation matters, with an emphasis on trial practice. For six consecutive years (2008 through 2013), Mr. Cachán has been named a “Rising Star” in the field of general litigation by Law & Politics Media, Inc., as published in Los Angeles magazine. In 2013, Mr. Cachán was one of 12 attorneys nationally named a “Rising Star” by Diversity & the Bar, published by the Minority Corporate Counsel Association.
Complex Civil Litigation
In 2013, Mr. Cachán was second chair trial counsel for Wells Fargo Bank in federal court in St. Paul, Minnesota, in a suit alleging mismanagement of pension investments in its securities lending program. Plaintiffs, which included pension funds for nurses, nuns, local philanthropic organizations and a local university, alleged that Wells Fargo placed plaintiffs’ securities worth billions of dollars into highly risky ventures and failed to disclose the deteriorating condition of the investments. Wells Fargo argued that it did not misrepresent its investment strategy and that the losses were attributable to the financial crisis. After a seven-week trial, the jury returned a unanimous verdict for Wells Fargo on all claims and awarded zero damages. “Wells Fargo Wins Trial Over Securities-Lending Losses,” Bloomberg News August 8, 2013.
In 2009 and 2010, Mr. Cachán served as first or second chair trial counsel in two multi-million dollar jury trials in Los Angeles Superior Court. In 2011 and 2012, he was part of the trial team that defended dick clark productions against a lawsuit brought by the Hollywood Foreign Press Association over the rights to the Golden Globe awards show. Following a 10-day bench trial in federal court in Los Angeles, the court ruled in favor of dcp. “Dick Clark Productions Wins Trial Over Golden Globes Broadcast,” Bloomberg News April 30, 2012.
In addition to his work as a trial lawyer, Mr. Cachán provides litigation and counseling services to leading national and international corporations, such as Phillip Morris International, Occidental Petroleum Corporation, Nogales Investors Management and Tesoro Refining and Marketing Co. A fluent Spanish speaker, Mr. Cachán has represented companies with operations in Latin America in U.S. litigation.
Pro bono and community service
Mr. Cachán has taken an active role in various pro bono activities, many centered around his interests in trial work and Latin America. For example, Mr. Cachán has served as a faculty member of the National Institute of Trial Advocacy’s “Mexico Project,” traveling to Mexico to help the country's judges, public defenders and prosecutors master basic trial skills. In addition, Mr. Cachán traveled to Honduras to participate in a consultative session with the Honduran Supreme Court, organized by the U.S. Agency for International Development, regarding a case that raised issues of first impression under Honduran law.
Mr. Cachán serves on the board of the Mexican-American Bar Foundation, a charitable organization that has provided more than $1 million in scholarships to young Latinos enrolled in ABA-accredited law schools in Southern California.
Mr. Cachán is a member of the Commission on Judicial Nominees Evaluation (JNE) of the State Bar of California, the State Bar agency that evaluates all candidates who are under consideration for a judicial appointment by the Governor.
Mr. Cachán is a member of the Pacific Council on International Policy.
Mr. Cachán is a graduate of Harvard College. Between college and law school, he studied in Spain as a Fulbright Fellow. Before starting at Munger, Tolles & Olson, Mr. Cachán served for one year as law clerk to the Honorable Arthur L. Alarcón of the U.S. Court of Appeals for the 9th Circuit.
Mr. Cachán is the son of Cuban exiles. He and his wife have two daughters.