Unprecedented D&O Insurance Recovery to Compensate Victims of International Securities Fraud

We obtained millions of dollars in directors and officers insurance proceeds through an alternative dispute resolution process on behalf of a receiver for a defunct Chinese company that defrauded U.S. investors.  In this novel case, Gilbert was able to secure insurance proceeds despite multiple prior default judgments finding the policyholder had engaged in a massive […]

Insurance Funding for Historic Shareholder Derivative Claim Settlement

We recovered without litigation $75 million in directors and officers insurance proceeds to fully fund one of the largest shareholder derivative claims in U.S. history.  Gilbert successfully obtained this recovery despite vehement insurer opposition to the underlying derivative settlement based on their contentions that they had no coverage obligations, because the alleged settlement was unreasonable, […]

Hundreds of Millions Recovered for Securities Class Actions Claims

We negotiated recovery of hundreds of millions of dollars in directors and officers insurance proceeds to fund settlements of securities class action claims asserted against a Fortune 500 company.  In doing so, we overcame insurer objections that the underlying securities settlements were not covered, should be related to earlier claims and paid by other policies, […]

Substantial Recovery from Released Insurers

We recovered more than $10 million for a CEO, CFO, and other officers who had been completely cut out of the company’s court-approved insurance settlement by filing extra-contractual tort claims against more than a dozen insurers, ultimately resulting in multiple settlements.

Rachel S. Kronowitz

Rachel Kronowitz focuses her practice on insurance recovery for significant claims, counseling corporations in strategic risk management, including structuring insurance and risk transfer portfolios, and counseling Directors and Officers of corporations on issues related to their D&O coverage.