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Underhill joins Edwards Wildman as insurance, reinsurance, ILS partner

Insurance, reinsurance and insurance-linked securities (ILS) focused lawfirm Edwards Wildman Palmer LLP has announced the hire of Robert Underhill as a partner with ILS expertise joining the firm’s Insurance and Reinsurance practice in New York City. Underhill was previously with Fortress Investment Group, where in the role of Managing Director & read the full article →

Reinsurance lawyers benefit from alternative capital and ILS trend

Reinsurance focused lawyers are finding an increasing amount of transactional work from the growing insurance linked securities and alternative reinsurance capital markets, according to a new study. An analysis of the insurance and reinsurance legal sector performed by Who's Who Legal finds that the growing transactional workload from the ILS, insurance read the full article →

Cadwalader promotes insurance-linked securities attorney to Partner

Lawfirm Cadwalader, Wickersham & Taft LLP has promoted to Partner an attorney who has been involved in the firms work in the insurance-linked securities (ILS), catastrophe bond and reinsurance arena. Shlomo Boehm works across a number of areas of federal income tax, particularly on securitization transactions and including having experience in read the full article →

Sutherland adds lawyer with ILS and alternative reinsurance market experience

Global law firm Sutherland Asbill & Brennan LLP has announced the addition of a capital markets partner, Brian G. Barrett who has experience of insurance-linked securities and the alternative reinsurance market, as it continues to build out its insurance and financial services practice in New York. Barrett was most recently at read the full article →

Katten Muchin Rosenman adds partner with insurance-linked securities experience

International law firm Katten Muchin Rosenman LLP have announced the hire of a new partner who brings with them extensive experience in the insurance-linked securities and alternative risk transfer areas of the insurance market. Stanford A. Renas has joined the firm as partner in its Structured Finance and Securitization Practice read the full article →

The extraterritorial reach of Rule 10b-5 and its applicability to insurance-linked securities

Law firm Willkie Farr & Gallagher have published a client memo which pertains to insurance-linked securities and the rules regarding fraud under the Securities Exchange Act of 1934 Section 10(b) and particularly Rule 10b-5. Willkie Farr & Gallagher recently bolstered their ILS and reinsurance legal team with the hire of read the full article →

Dewey & LeBoeuf files for bankruptcy after losing majority of partners

Law firm Dewey & LeBoeuf has filed for chapter 11 bankruptcy after failing to find a merger partner and will now seek to liquidate its business according to news reports. It signals the end of the saga for the stricken law firm and will be the largest law firm collapse read the full article →

Dispute over reporting stations leads to weather insurance lawsuit

An interesting lawsuit is taking place in the U.S. between Mountain Creek Resort Inc., a ski resort operator, and Everest Indemnity Insurance Company, who provided Mountain Creek with weather insurance cover to protect them against a lack of snowfall during the peak ski season. It is rather strange though as read the full article →

ILS lawyer Richard Spitzer leaves Dewey & LeBoeuf for Mayer Brown

Another lawyer partner with experience in the insurance-linked securities and catastrophe bond space has left Dewey & LeBoeuf for competitor Meyer Brown. Richard Spitzer joins Mayer Brown's New York office as a partner in the Insurance Finance Group and the Banking & Finance practice. He joins a colleague Stephen Rooney read the full article →

Another Dewey partner with insurance-linked security experience departs, this time for DLA Piper

The exodus of lawyers with experience in reinsurance, insurance-linked securities and catastrophe bond transactions from Dewey & LeBoeuf is continuing with the latest moving across to DLA Piper. DLA Piper announced the appointment of Prakash Paran to their London office as a partner in the Corporate group and member of read the full article →