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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Regulatory and compliance matters for Waffle House
Assisted Waffle House with ongoing federal and state regulatory and compliance matters. more
Atlanta National League Baseball Club Inc. v. Hartford Life Ins. Co.
The firm served as lead counsel in representing the Atlanta Braves in its effort to recover benefits under a disability insurance policy compensating more
Simultaneous IPO and acquisition for Beneficial Mutual Bancorp Inc.
Represented Beneficial Mutual Savings Bank in its $236 million initial public offering and its simultaneous $183 million acquisition of FMS Financial more
Employment litigation for prominent retailer
Represented prominent retailer in employment litigation lawsuit brought by a former employee alleging violations of Title VII, wrongful discharge, more