We have recovered over $40 billion for our clients.

Read our case studies to learn how.

Case Studies

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...

London Schemes Of Arrangement
Our attorneys represented policyholder interests in negotiating the terms of schemes of arrangement (liquidation plans) for insolvent insurers in the London insurance market in the early 1990s, creating structures to process and pay billions of...

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...

Major E&O Recovery
We were insurance counsel to a post-bankruptcy trustee and were instrumental in recovering nearly $50 million in E&O (errors and omissions) insurance coverage. When one of our settlements was challenged in court by another insured, we helped resolve...

First-Party Coverage For Major Oil Spills
Our lawyers represented clients on claims arising out of major oil spills, including the Exxon Valdez and Deepwater Horizon matters.

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...

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. ...

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...

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...

Groundbreaking “Pass Through” Settlement Agreement
Our lawyers negotiated commitments to pay in excess of one hundred million dollars on behalf of a mass-tort claimants’ committee in bankruptcy.  When faced with a single remaining recalcitrant insurer that threatened to uphold confirmation,...

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,...

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,...

Made “Mediation Lemonade” Out Of A “Lemon” Stay
When our client’s coverage action against more than a dozen insurers responsible for over one billion dollars in coverage limits was stayed in favor of a two-insurer action in another state court, we initiated a unilateral mediation program that...

Non-Products Coverage Based On Supervision Of Installation Activities
For a future claimants' representative in an asbestos bankruptcy, we established that a company that previously had been considered a product manufacturer also had undertaken supervision of the installation of its asbestos-containing products. ...

$1.35 Billion-Plus Insurance Recovery In Course Of Chapter 11 Proceeding For Client With Multiple Streams Of Liability
We helped a large multi-national corporation secure in excess of $1.35 billion in insurance rights in the course of its Chapter 11 bankruptcy reorganization. The policyholder had six different historical “streams” of liability, each of which...

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...

Coverage For Chemical Company’s Lead Paint Lawsuits
We successfully pursued insurance coverage on behalf of a chemical company that was incurring enormous litigation costs defending lawsuits around the country related to the historical use of lead pigment and lead-based paint.  The client, whose...

Groundbreaking Multi-Party Insurance Settlements In Asbestos Bankruptcy Case
We represented a claimants' committee in one of the largest asbestos bankruptcy cases to develop and implement a strategy to maximize the dollars immediately available to a post-bankruptcy trust to pay bodily injury claimants.  We negotiated...

Response to Government Investigation Into Accounting Violations
One of our attorneys represented a corporation in a major government investigation into accounting procedures and securities disclosure obligations.  She conducted a significant internal investigation and prepared dozens of employees for government...

Expert Retention Regarding Value Of Insurance Available To Pay For Food Contamination Claims
One of our lawyers served as an expert for a law firm negotiating with an insurer over coverage pertaining to a widespread foodborne contamination, including helping the law firm evaluate the scope and terms of coverage and to work with other...

$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 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...

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...

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.

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...

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...

Hundred-Million-Dollar Mortgage Fraud Dispute
One of our attorneys successfully resolved litigations and disputes with 26 separate credit unions, concerning over one hundred million dollars of fraudulent mortgage assignments.  The lawsuits concerned the unauthorized sale into the secondary...

Record-Breaking Settlement With State Insurance Guaranty Fund
We prosecuted and settled a claim against a state insurance guaranty fund for the largest amount ever paid by that guaranty fund on a single policyholder claim.

Placement of Contamination And Product Recall Policy For Food Company
When an international food company sought to renegotiate its product recall policies, it came to us to help it evaluate the coverage it already had and to assist its in-house lawyers to evaluate the scope of the coverage provided under policies...

Groundbreaking Direct-Action Approach To Securing Insurance Proceeds
We represented an asbestos trust in pursuing insurance proceeds against a recalcitrant insurer, but the insurer continued to resist paying while litigation began to stall in state court.  We worked with asbestos claimants’ counsel to permit...

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...

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...

Hundreds Of Millions In Coverage To Secure Exit Financing
We represented a debtor in a mass-tort related bankruptcy that faced significant time pressure to reach confirmation to comply with its DIP (debtor-in-possession) lender’s requirement to maintain favorable financing.  Over a dozen of the...

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...

Leading Precedent Limiting Insurer Standing In Asbestos Bankruptcy Cases
A group of insurance companies asserted a series of objections and other motions in an asbestos-related bankruptcy of one of our client's subsidiaries.  Because the plan that the debtor proposed had provisions to protect any insurer rights after...

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.

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...

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...

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...

No-Aggregate Coverage
We represented an insulation contractor headquartered in Alabama that had installed asbestos-containing materials at shipyards and other job sites in the southeastern United States.  Our study of the client's installation contracts and its...

Multiple Insurance Settlements Enabling Confirmation Of Reorganization Plan in Large Asbestos Bankruptcy Case
We represented the future claimants’ representative in an asbestos case in which the insurers alleged that the plan of reorganization breached the insurance policies and freed them from any obligation to pay hundreds of millions of dollars in...

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...

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.

No-Aggregate Coverage
We represented a contractor with a nationwide business installing asbestos-containing materials at commercial and industrial job sites.  Our study demonstrated that virtually all of this contractor's liability resulted from installation...

Billions In No-Aggregate Coverage
After developing the theory for obtaining coverage without aggregate limits for installers of asbestos-containing materials – so-called “non-products” coverage -- our lawyers applied this theory successfully in a series of matters for various...

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...

$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...

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...

No-Aggregate Coverage
We represented an asbestos trust that was the successor to one of the largest asbestos defendants in the United States.  Although the company had been primarily a manufacturer and seller of asbestos-containing materials, it also maintained...

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...