Funds Talk: August 2015
Kramer Levin Wins First Circuit Appeal Declaring Puerto Rico’s Restructuring Act Unconstitutional
Our Insurance Litigation and Counseling practice covers a wide spectrum of issues of importance to insurance companies, insureds, reinsurers and cedants. We act as coverage counsel for major insurance carriers, for whom we also litigate complex coverage disputes. We also act as defense counsel for insureds of major carriers on complex directors’ and officers’ liability, professional liability, errors and omissions, product liability, decennial liability, construction matters, and industrial accidents. Drawing upon this expertise, the firm regularly counsels corporate clients and directors with respect to the suitability, adequacy, and availability of directors' and officers' liability insurance and related coverage -- in the normal course of the clients' business, in connection with going public and corporate control transactions, in bankruptcies, and as part of our representation of companies and their boards in securities fraud litigation and other proceedings that implicate such coverage. In addition, we act on behalf of our clients in pursuing claims under fidelity bonds and related insurance, particularly where the matters are complex or involve coverage issues, and we litigate managed-health-care disputes, claims of policy sales malpractice, claims relating to investment activities of insurance companies, claims arising under disability, life insurance, and annuity policies, and reinsurance disputes.