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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Trademark enforcement services for Fortune 500 consumer electronics and computer software multinational corporation
Represents a California-based Fortune 500 multinational corporation that designs and manufactures consumer electronics and computer software more
Financing of acquisition made by Reynolds American
Represented Reynolds American Inc. in obtaining $2.1 billion of credit facilities to finance its acquisition of the Conwood Company. more
Insurance litigation for a construction joint venture
Represented a construction joint venture that served as the construction manager for a convention center, in a series of claims arising out of an more
Consolidation of PetroLiance LLC
The firm served as lead counsel for PetroLiance LLC, an oil company, in four-way consolidation that created the nation’s largest distributor of more