Negotiated Multi-Billion Insurance Settlement and Established Asbestos ADR Facility

Our lawyers were the primary negotiators and drafters of an insurance settlement agreement among 35 policyholders and 15 groups of insurers resolving disputes over $15 billion in coverage. This agreement created an insurer and defendant administered claims facility for asbestos-related claims and incorporated a cutting-edge use of ADR for resolution of insurance disputes over the succeeding decades.