Live Like Blaine Foundation LEAD Event

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We are a proud sponosr of the Live Like Blaine Foundation LEAD Event Saturday, November 11, 2017 7:00 PM YSC SPORTS - 224 County Line Road, Wayne, PA We will be there for a night of fun, food, drink and dancing to support Live Like Blaine’s mission to empower and inspire young women to become leaders through athletics and fitness. Tickets are available online, click here :  http://www.livelikeblaine.org/leadevent/
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Ribbon Cutting and Happy Hour at our new office in the Exton Corporate Center

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Join clients, friends and Exton Region Chamber of Commerce members Ribbon cutting and open house Thursday, November 16 from 5-7 p.m. at 102 Pickering Way, Suite 310 Click here to RSVP
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Judge: Relationship Involving Arbitrator Justifies Vacatur Of Award

Mealey's (April 4, 2017, 10:28 AM EDT) -- NEW YORK — A federal judge in New York on March 31 vacated a reinsurance arbitration award because of an arbitrator’s failure to disclose his relationships with one of the arbitrating parties (Certain Underwriting Members at Lloyd’s, London v. Insurance Company of the Americas, Nos. 16-cv-323, 16-cv-374, S.D. N.Y.). (Opinion available.  Document #12-170407-011Z.) Certain Underwriting Members at Lloyd’s, London (Underwriters) sued the Insurance Company of the Americas (ICA) on Jan. 15, 2016, in the U.S. District Court for the Southern District of New York.  Underwriters and ICA entered into a reinsurance agreement that was underwritten as a workers’ compensation catastrophe cover.  A dispute arose, and ICA demanded arbitration.  Underwriters said the arbitration panel issued a final award on Oct. 19, 2015, ordering that it is responsible for claims totaling more than $2.5 million. Misconduct In its complaint, Underwriters asked for an order vacating the arbitration award because a member of the arbitration panel allegedly engaged in misconduct by failing to disclose his relationship with ICA.  ICA cross-moved to confirm the award on Feb. 27, 2016. In his opinion, Judge Vernon S. Broderick noted that the Federal Arbitration Act (FAA), 9 U.S. Code Section 9, 9 U.S.C. § 9, “provides for judicial confirmation of arbitration awards if the parties have consented to such confirmation in their agreement to arbitrate.” “Under the FAA, a court may vacate an arbitration award upon an application of any party to the arbitration . . . where there...
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Judge Voids $5M Award Against Reinsurers, Citing Bias

By  Chuck Stanley Law360, New York (April 3, 2017, 7:38 PM EDT) -- A New York federal judge on Friday vacated a $5 million arbitral award against British reinsurers after learning one of the arbitrators had an undisclosed business relationship with the Florida workers' compensation firm that filed the arbitration claim. Alex Campos failed to disclose his extensive business relationships with high-level employees of Insurance Company of the Americas when the firm appointed him to an arbitration panel in a dispute over a reinsurance contract with Lloyd’s of London underwriters, calling into question his impartiality and placing a cloud over the panel’s decision in favor of ICA, judge Vernon S. Broderick said in a decision vacating the award. “Campos had close business relationships with numerous principals of ICA, a party to the arbitration, and the number and variety of these relationships suggest he was personally acquainted with some of these individuals over a number of years,” the decision states. “Arbitrator Campos’ failure to disclose his significant relationships with principals of ICA, and with ICA itself, requires vacatur of the arbitration award.” The underlying dispute centers on whether agreements for reinsurance against multiple workers’ comp claims were limited to cases in which more than one person was injured as the result of a single accident. The tribunal found that the first- and second-layer underwriters were responsible for more than $2.5 million under claims related to two separate incidents resulting in payouts from ICA and third-layer underwriters were responsible for up to...
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Rosenthal Lurie Announces New Partner and Name Change

EXTON, PA - November 28, 2016  - The law firm of Rosenthal Lurie LLC is pleased to announce the addition of Joshua P. Broudy to its partnership; with this addition comes a name change to Rosenthal Lurie & Broudy LLC.  Mr. Broudy has represented domestic and international clients for over 21 years in sophisticated business litigation and advisory matters at some of the country's largest and most prestigious law firms, including Pepper Hamilton LLP, where he first worked with Michael Rosenthal and Stuart Lurie. Mr. Broudy's practice focuses on representing insurers, reinsurers, brokers, insureds and other participants in the insurance industry in complex litigation and coverage matters in various state and federal courts, as well as arbitration and mediation settings. He regularly counsels clients on claims, coverage, regulatory and compliance issues across various lines of business, and also provides advice on contract drafting and negotiation, litigation avoidance and risk management.  Outside of the insurance and reinsurance arena, Mr. Broudy represents individual and business clients in connection with construction, real estate, labor and employment, civil rights, and contract and business tort disputes.   The addition of Mr. Broudy brings insurance and reinsurance dispute resolution and counseling to the firm's flourishing commercial litigation, employment, executive compensation and transactional practices.   "We are pleased that Josh has joined us and brought commercial insurance and reinsurance contracts competency to the firm," said Stuart Lurie. "Our clients will benefit from the 21 years of experience Josh brings to the table."   As for the name change for...
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Exton

102 Pickering Way, Suite 310
Exton, PA 19341
(267) 283-1198

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