Financial lines/D&O

Acted for D&O and PI reinsurers of the insurers
of various telecommunications companies and
their directors who were subject to US securities and ERISA class actions.
   

Our London Market reinsurer clients had underwriting and coverage concerns about claims made by certain telecommunications companies and their insurer following the commencement of numerous multi-billion dollar securities and ERISA class actions
in the USA.

 

Our clients adopted a unique position and brought proceedings for declaratory relief in the London Commercial Court. The dispute was discontinued by consent following mediation.

 

 

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