We have recovered over $40 billion for our clients.

Read our case studies to learn how.

Case Studies

Policy Negotiation And Placement
Our attorneys have provided advice to companies, including one of the leading owners, developers, fund managers, and operators of real estate in the world, in negotiating the terms of errors & omissions (E&O) and directors & officers (D&O) insurance...

Expert Retention Regarding Coverage For Diacetyl Claims In A Major Bankruptcy
One of our attorneys served an expert to value the insurance coverage potentially available to a bankrupt chemical company for diacetyl-related claims.  By providing a detailed analysis of the coverage available and the potential hurdles to...

Groundbreaking “Pass-Through” Plan In A Mass-Tort Bankruptcy
In one asbestos bankruptcy, we were able to secure settlements with virtually all of the debtor’s insurers, securing nearly $200 million for a post-bankruptcy trust.  One last insurer, however, refused to settle and, in a bid to increase its...

Insurance Proceeds To Facilitate Settlement Of Claims Against Directors And Officers
We assisted the directors and officers of a telecommunications company in securing payment of insurance proceeds for breach-of-duty and other claims to facilitate an overall settlement of those claims.

Risk Management Due Diligence For Private Equity Firm’s Potential Acquisitions
We represented a private equity firm as risk management due diligence counsel to review and report on all aspects of potential exposures and available risk transfer mechanisms for payment of those exposures, including the available insurance...

$80 Million Fund To Pay Sexual Abuse Claims Brought Against Catholic Diocese
We were insurance counsel to a class of claimants who brought sexual abuse claims against a Catholic diocese for negligent supervision of its employees.  We worked with representatives of the class and representatives of the Diocese to negotiate a...

Landmark Insurance Verdict In Food-Contamination Coverage Case
We secured a pair of favorable rulings in the Delaware Supreme Court in a landmark food-contamination coverage case involving mass-tort bodily injury claims arising from an allegedly tainted food product - one establishing that policy language that...

Insurance Recovery Under Fidelity Bond For Mortgage Fraud
One of our attorneys sued a tower of insurers under a major financial institution’s Fidelity Bond to obtain coverage for millions of dollars in losses due to a mortgage fraud. The mortgage fraud scheme involved a Seller/Servicer institution...

Nine-Figure Insurance Settlement In Residual Value Coverage Dispute
We represented an automobile distributor seeking insurance coverage for residual value losses on a large portfolio of leased vehicles in a case that resulted in a nine-figure settlement for our client after five weeks of trial. (Residual value loss...

D&O Coverage For Shareholder Lawsuits Regarding Client’s Merger With A Former Competitor
Our client was facing shareholder class actions based on its merger with a former competitor in the same industry.  The lawsuits alleged a lack of adequate pre-merger disclosures to the client’s shareholders regarding the proposed merger. After...

Overturned Adverse Arbitration Ruling
We represented a client in a successful effort to overturn an adverse arbitration ruling on the basis that the arbitrators had exceeded their authority and the arbitration decision was not binding.

Three-Corner Settlements
We developed and implemented an innovative settlement structure under which our clients sold agreed payment streams from their insurers to third-party investors in return for lump-sum payments to the clients which could be used to fund the...

Policyholder Representative In Insurer Insolvencies
Our attorneys have served on numerous creditors’ committees overseeing liquidators and administrators of insolvent U.K. and U.S. insurers.  These committees have been critical in protecting policyholder interests by maximizing the reinsurance...

Food Contamination Recall Insurance
We assisted a large food manufacturer to negotiate with its insurance companies to expand the coverage provided under a food contamination and recall policy.  The company asked that we analyze its recall insurance policies to determine whether...

Creation Of Post-Bankruptcy Trust To Resolve Disputed Dental Malpractice Claims
We developed a post-bankruptcy reorganization trust structure that permitted the confirmation of a plan of reorganization in a mass tort medical malpractice case.  The unusual structure allows medical malpractice claims to be individually...

Insurance Procurement Requirements In Food Company’s Customer Agreement
We represented a mid-size food importer in negotiating an agreement with one our client's key customers that addressed that customer's demand for broad insurance and insurance procurement requirements.  Based on our advice, the client negotiated...

Favorable Ruling In State Supreme Court On Choice Of Law In Insurance Insolvency Proceeding
We represented a group of policyholders in an appeal of an adverse ruling by a state appellate court that applied the liquidating insurer's home state law to all policyholders, without regard to ordinary choice of law principles.  Because the...

Recovery Under Previously Owned Policies
We were retained by a bankruptcy trust to perform due diligence on the trust’s predecessors’ insurance recovery efforts. Our efforts revealed numerous late-year insurance policies that the predecessor had overlooked.  The insurers contended...

Coverage For Installation Activities Of A Product Manufacturer
We represented a creditors' committee in a bankruptcy case where the debtor's principal business was the manufacturing of asbestos-containing products.  Our investigation revealed that, in addition to the debtor's manufacturing business, the debtor...

Full Payment Of $75 Million Shareholder Derivative Action Settlement By D&O Insurers Without Coverage Litigation
As insurance counsel to a public company and its directors and officers, we were instrumental in obtaining full payment by multiple D&O insurers of a $75M shareholder derivative action settlement without coverage litigation.

Coverage For Pharmaceutical Company’s Product Liability And Mass Tort Litigation
We were insurance counsel to a pharmaceutical company with significant product liability and mass tort exposure.  We worked with the insurers for both our client and companies with successor liability to resolve all outstanding insurance coverage...

Creation Of Special-Purpose Insurance Policy
Our attorneys negotiated and drafted an excess-of-loss insurance policy that covered several hundred million dollars of asbestos liability above a substantial retention, assuring the financial markets that the client's asbestos liability was...

First Major Asbestos-Related Prepackaged Bankruptcy Case
Our client was a small, closely held insulation contracting company facing tens of thousands of asbestos-related bodily injury claims.  Although it had substantial, potentially unlimited, insurance coverage, its insurers were in breach of their...

Mass-Tort Bankruptcy And Coverage Case
We represented an asbestos trust in litigation in state court against two insurers that had refused to settle during the bankruptcy proceedings that led to the formation of the trust.  Issues included whether the trust's predecessor could assign...

Insurance And Risk Management Counsel For Private Equity Acquisition
We were insurance and risk management counsel to a public company with significant mass tort liability.  Working with co-counsel, we were responsible for all aspects of the insurance and risk management aspects of the acquisition of our client by a...

Over $1 Billion In Insurance Payments For Product Liability Claims
We resolved all coverage issues and secured more than $1 billion in insurance for a multinational building materials company with significant mass tort liability.

$425 Million In Product Liability Coverage
As insurance counsel to a Fortune 50 company, we negotiated a $425 million insurance settlement with a group of twelve insurers related to multiple streams of product liability claims. This settlement provided a ten-year payment stream to be...

D&O Coverage For Non-Profit’s Cost Of Successful Defense in IRS Proceeding
We represent a not-for-profit corporation and one of its directors and officers in pursuing coverage for losses incurred in successfully defending an administrative proceeding brought by the IRS.  Although the clients obtained a favorable...

Coverage For Mislabeling Claims Against Major Food Manufacturer
When one of our food company clients was sued in a class action alleging that its product failed to produce health benefits that its label and advertising promised, we evaluated whether the company’s general liability policy would cover the...

Litigation For Major Manufacturer Of Safety Equipment
We represent a large manufacturer of air-purifying respirators, heat-protective clothing, and other safety equipment in an action against its insurers for coverage of tort claims alleging personal injury from exposure to asbestos, silica, and...

Groundbreaking Preemption Argument
In a major asbestos-related bankruptcy, the insurers argued that a plan of reorganization that transferred rights to insurance proceeds to an asbestos trust constituted a breach of their insurance policies’ anti-assignment and cooperation...

Environmental Coverage Litigation For Auto Parts Manufacturer
We represent an automobile parts manufacturer in a case seeking coverage for  the costs of environmental cleanup activities.  Issues include the question of which of several entities controls the coverage and whether coverage for the alleged...

U.S. And U.K. Insolvency Proceedings
We represented a U.S. policyholder that had a U.K. subsidiary with significant tort liability in both the U.S. and the U.K.  This entity, which had purchased a policy with an aggregate limit of nearly a billion dollars covering both itself and its...

Risk Management Due Diligence
We represented a Fortune 50 Company in risk management-related due diligence related to a multi-billion-dollar acquisition.  We were responsible for reviewing and reporting on all aspects of product liability and potential directors’ and...

Major E&O Recovery
We served as insurance  counsel to a corporation that was a defendant in three class action lawsuits alleging thousands of violations of various provisions of the Fair Credit Reporting Act.  Without even filing a lawsuit, we negotiated $25...

Sandy-Related Coverage
We have advised a number of insureds regarding coverage issues related to Superstorm Sandy, including the availability of separate coverage limits for property damage and business interruption losses, and coverage resulting from power shut-downs...

Additional Coverage Due To Mutual Mistake In Predecessor’s Settlement Agreement
When one of our clients developed increased and significant product-related liabilities, its insurer argued that it had no remaining coverage because of a settlement agreement entered into prior to our involvement that contained a broad release. ...

$80 Million In Defense And Indemnity Related To Settlement Of Securities Litigation Without Coverage Litigation
As insurance counsel to a Fortune 50 company, we obtained full payment by multiple Directors and Officers (“D&O”) insurers of the defense and liability dollars associated with the settlement of a shareholder derivative action. This settlement...

Insurance, Risk Transfer Mechanisms, And Exposure Audit In Corporate Restructuring
Our attorneys provided advice to a Fortune 500 company related to insurance and risk transfer mechanisms and corporate exposures in connection with the spin-off of a significant percentage of its business.  This advice and subsequent corporate...

Coverage Claims Arising From Major Crane Accident
We represented a consortium of creditors, including banks, in connection with significant first-party property damage coverage claims in Puerto Rico resulting from a major crane accident.  We settled the coverage claims for millions of dollars...

Compliance Program For Housing Industry Corporation
One of our attorneys created compliance plans for numerous business and technology divisions of a major financial institution to manage legal and regulatory risks.  She conducted risk assessments in areas such as securities disclosure obligations,...

“All Sums” Decision In Illinois
Our attorneys were retained to represent a policyholder in an Illinois coverage case that had been pending for more than five years. After a review of previous decisions in that litigation, we successfully persuaded the trial court to overturn its...

Eight-Figure Insurance Recovery In Construction-Defect Dispute
We recovered more than $40 million in insurance on behalf of a private equity firm in full payment of property damage claims due to construction defects related to an upscale hotel renovation. We resolved first-party property damage claims with our...

Eight-Figure Settlement From D&O Insurers On Behalf Of Telecommunications Company Facing Securities Class Actions
We successfully represented a large telecommunications company that was facing multiple securities class actions following its Initial Public Offering (“IPO”), ultimately securing settlements totalling eight figures with its Directors and...

Groundbreaking Discovery Ruling Requiring Insurer To Turn Over Lawyer’s Files
We secured a ruling in federal court litigation requiring a D&O insurer to produce all of its attorneys’ files in connection with its investigation and analysis of our client’s coverage claim.  The insurer had refused to produce the files,...

Corporate Restructuring
Our attorneys were insurance and risk management counsel to a public company with significant mass tort liability.  Working with co-counsel, we were instrumental in proposing and implementing a successful corporate restructuring plan that...

University’s First-Party Coverage Claim Arising Out Of Fire Damage
We represented a private university in securing coverage for property damage caused by a significant fire.  We secured millions of dollars for our client without litigation.

Groundbreaking Ruling Against Insolvent Insurer
We secured a ruling in an insurer liquidation proceeding requiring an insolvent insurer to estimate and pay our client’s future (so-called incurred-but-not-reported, or IBNR) tort claims.  The insurer had argued that it had no obligation under...

No-Aggregate Coverage
We represented an asbestos trust in a pair of cases in federal court.  These cases represented the culmination of over 25 years of negotiation, mediation, arbitration, and litigation in courts across the country.  As in other non-products...

Cyber Attack On Client’s Data Systems
One of our attorneys was a key responder to a cyber attack on a major financial institution’s data warehouse systems.  She partnered with the in-house technology security team to resolve and investigate the attack, and to protect the...