Bad Faith / Insurance Coverage
Obtained $65 million settlement from insurers in the Stanford litigation in the U.S. District Court for the Northern District of Texas Dallas Division. Appointed by the Receiver to pursue the claims for the benefit of victims of the Stanford Ponzi scheme.
Defended several insurers in $280 million claim arising from complex design and construction dispute. The court held there was no coverage and entered judgment for our clients.
Obtained $700,000 for our client after he was injured while stopped at a red light on his motorcycle. There was $150,000 insurance coverage available but after a trial and filing a bad faith claim against an insurer, we recovered $700,000 for our client.
Successfully defended an insurer in arbitration in Bermuda after U.S. Securities and Exchange Commission appointed a receiver in the Merrill Scott Ponzi scheme and the receiver sought to recover losses via various insurance policies issued by our clients.
Handled complex coverage matters on several tax shelter claims.
Recovered $112,051 for homeowner for title insurer’s vexatious refusal. An error in property boundaries lead to homeowner being forced to tear down extensive renovations and relocate a sewer line. The title insurer refused coverage. We pursued vexatious refusal claims against the title insurer.