We represent the former parent of a bankrupt, former subsidiary, in connection with disputes with the former subsidiary's general liability insurance carrier regarding whether or not our client must assume responsibility for paying the $5 million self-insured retention regarding civil liability claims against the former subsidiary that had been discharged by as a result the former subsidiary's Chapter XI bankruptcy. In accordance with a separate settlement between the carrier and the subsidiary, the carrier assumed the defense of the underlying claims, agreeing in effect with the claimants that the bankruptcy of the insured subsidiary had not discharged the carrier's obligation to pay insured claims, even though 100% of the first $5 million of very claim was self-insured by the bankrupt company. The carrier then took the position that our client, also a named insured under the policies insuring the former subsidiary, had agreed in a separate Payment Agreement effectively to guarantee the obligations of the subsidiary to pay the SIR. When our client refused to reimburse the costs incurred by the carrier in defending the pre-bankruptcy claims against the former subsidiary, the carrier drew down a letter of credit place by our client to obtain reimbursement of the carrier's costs and then successfully moved to compel arbitration of the Payment Agreement dispute. The arbitration is pending.

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Sale of telecommunications and entertainment company to venture capital fund
Represent telecommunications and entertainment company as seller's counsel in connection with the company's sale to a venture capital/investment fund. more
Class action lawsuit for major beverage company
Represented a major beverage company in class action brought under New Jersey and New York law on behalf of all route sales personnel (approximately more
Products liability litigation for manufacturing company
The firm served as lead counsel in defending claims based on breach of warranty and negligence allegedly resulting in an explosion at a North more
Tax advice for a publicly held hotel operation management services company
Represented a publicly held hotel operation management services company by providing tax advice which included analyzing a number of strategic more