New York

• Obtained unanimous arbitration award for insurer enforcing prior settlement approval provision in D&O policy in confidential arbitration.
• Defended U.S. insurer in declaratory judgment action seeking coverage under Financial Institution E&O policy.
• Convinced Second Circuit Court of Appeals to affirm summary judgment finding our insurer client owed no coverage for a construction defect claim.
• Obtained unanimous arbitration ruling in favor of reinsurer client, finding no obligation to pay multi-million dollar expense billing.
• Obtained unanimous arbitration ruling in favor of reinsurer client, rejected cedent’s artificial aggregation of asbestos bodily injury claims into a limited number of loss occurrences.
• Analyzed E&O policy for coverage arising out of multi-district litigation alleging violations of federal statutes.
• Evaluated coverage under D&O policy for securities lawsuits, derivative lawsuits, and regulatory investigations against a publicly-traded company.
• Represented professional liability insurer’s interests with respect to insured’s bankruptcy plan confirmation.
• Evaluated coverage under D&O policy for securities fraud lawsuit, SEC investigation, and related shareholder derivative lawsuits.
• Represented lawyers’ malpractice insurer in connection with mediation of claims against insured.
• Negotiated settlement with insured on behalf of D&O carrier allocating between covered and non-covered defendants and covered and uncovered claims.
• Represented insurers in coverage litigation involving lead paint claims against lead paint manufacturers.
• Evaluated coverage, draft coverage letters, and negotiate settlement on behalf of primary D&O carrier for multi-state litigation.
• Monitored over fifty putative class action lawsuits consolidated in the MDL concerning allegations of charging unlawful “interchange fees” by various large banking and credit card institutions.
• Analyzed lawsuit filed against a major banking institution alleging that it had fraudulently induced plaintiffs into investing close to $30 billion.
• Evaluated coverage under D&O policy for SEC and DOJ actions filed against former directors and officers of the insured arising out of illegal schemes to inflate earnings.
• Examined coverage under E&O reinsurance policy involving several lawsuits alleging a trading scandal.
• Assessed coverage under Side A policy for directors and officers of Fortune 500 financial institution in connection with shareholder derivative litigation arising from multi-billion dollar trading losses.
• Scrutinized coverage under D&O policy for IT contractor in connection with securities and derivative litigation arising from kickback scheme.
• Analyzed coverage under D&O policy for Fortune 500 insurance company in connection with securities and derivative litigation arising from insurer’s selective use of the social security administration’s death master file in connection with death benefits payment practices.
• Examined coverage under D&O policy for alleged securities violations by major bank in relation to mortgage-backed securities claims.
• Evaluated coverage under E&O policy for allegations against accounting and auditing firm for professional misconduct in relation to audit of major media publisher.
• Assessed coverage under D&O policy for insured-corporation that was the shareholder recipient of fraudulent transfers from bankrupt publisher.
• Analyzed coverage under E&O policy involving Auction Rate Securities matters.  
• Evaluated coverage under Side A policy for derivative litigation filed against one of the largest global real estate investment trusts.
• Drafted coverage letters under Financial Services Liability policy for federal regulatory investigations of securities violations.