Where there is great responsibility, there is also great risk. Directors and officers (D&O) insurance is an important tool through which businesses can attract, retain and help protect top executives while minimizing their exposure to unforeseen events. Insurers need effective legal counsel to help evaluate and allocate these risks efficiently, and to resolve disputes with claimants when they arise.
Our Directors & Officers Insurance practice is one of the most comprehensive and experienced practices in the country. For more than a quarter century, our lawyers have provided counsel to some of the largest domestic and international insurers with respect to thousands of complex claims involving D&O policies and related lines of coverage. As part of that representation, we have taken a prominent role in a wide variety of high-stakes lawsuits and regulatory investigations involving directors and officers of public and private companies, as well as claims involving financial institution and financial services. Our lawyers have been heavily involved in nearly all of the major securities cases brought in recent decades, including Lehman Brothers and other subprime/credit crisis-related litigation, Madoff-related litigation, options backdating-related litigation, Enron, Tyco, WorldCom, HealthSouth and IPO Laddering.
Our experience extends to the underlying liability issues, such as analyzing exposures presented by the Securities Act, Securities Exchange Act, Sarbanes-Oxley Act, Foreign Corrupt Practices Act and similar legislation. Our lawyers are adept at examining damages and settlement valuation models. We are regularly called upon to contribute to innovative and practical resolutions of high-profile matters. Where appropriate, we seamlessly involve the broader firm’s experience in a number of areas, including corporate and financial restructuring and insolvency to provide a full analysis of the underlying exposure and insurance coverage issues.
In addition to our involvement as coverage and monitoring counsel, we regularly handle complex insurance coverage litigation before federal and state trial and appellate courts. Recognized by Chambers USA as a leading insurance practice, we have an unparalleled depth of talent in insurance law. Our lawyers are regularly involved in educational and insurance industry programs and seminars for D&O insurance professionals dealing with cutting-edge issues in the law and in the D&O marketplace. Our lawyers also possess extensive experience in alternative dispute resolution proceedings, such as arbitrations and mediations.