Successes/Case Studies

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 that dispute in a manner that not only preserved the settlement, but resulted in additional funds being paid to the trust. Together with other recoveries, the E&O insurance settlements enabled the post-bankruptcy trustee to pay more than 70 cents on the dollar to creditors of the post-bankruptcy trust, including many individuals who had lost their life savings due to the actions of the debtor company.