Insurance Litigation
S&C’s Litigation Group has represented insurance companies and, in certain cases, policyholders in complex litigations throughout the United States.
- MBIA – acting as lead counsel for 20 of the world’s leading financial institutions and their affiliates in their legal challenge to the recent restructuring of MBIA, including a lawsuit against MBIA in New York State Supreme Court asserting fraudulent conveyance, breach of contract and other claims and an Article 78 proceeding involving the NYID
- CSR Limited – representation in asbestos coverage disputes, including insurance coverage and antitrust litigation against more than 60 insurers in the United States District Court for the District of New Jersey
- Exxon Corp. – representation in dispute with respect to insurance coverage for Valdez oil spill
- Generali – defense with respect to regulatory and litigation issues arising from the Bennett Funding collapse
- National Union Fire Insurance Co. – representation in political risk insurance litigation involving the Republic of the Congo and others
- Oxford Health Plans Inc. – in federal and state derivative litigation following decline in stock price
- T&N plc – representation in action resulting in summary judgment providing T&N with asbestos litigation coverage under lost insurance policies of a long-dissolved subsidiary. Also represented T&N in litigation concerning Pennsylvania Insurance Guaranty Association's liability for settlement of asbestos coverage issues with insolvent issuer
- United Healthcare – defense with respect to a shareholder class action alleging violation of Section 10(b) of the Securities Exchange Act
- Unum Group – in defense of three securities class action litigations
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