Our expertise in environmental insurance coverage matters includes obtaining tens of millions of dollars for clients in contested insurance coverage benefits under historical general liability policies. We bring this practice strength to bear in recovering substantial sums from the carriers of adverse defendants who may otherwise be judgment proof.
Greenberg Glusker also works with clients in obtaining new environmental liability policies to address known and unknown risks on acquired properties. Unlike other standardized policies, “off-the-shelf” environmental policies rarely provide adequate protection and often require detailed negotiations in order to craft solutions to specific problems. Our Environmental Law Group increases the level of protection needed to support our clients’ sophisticated transactions.
Represented both a policyholder and one of its insurers in a lawsuit against an insurer who had denied coverage of a class action lawsuit. We reached a settlement for several million dollars within 60 days of filing suit.
Obtained summary judgment, on behalf of one of California's largest drycleaning businesses, in a case of first impression against one of the client's insurers. Result required the one insurer to pay 100% of the insured's defense costs despite the existence of other insurance.
Representation of a Fortune 500 company, by an attorney in our firm, in litigation with general liability insurers seeking coverage arising from diesel releases from the client's tank farms over a 30-year time span. After reconstructing the client's insurance program and working with experts to establish the age of the diesel releases, the commercial general liability (CGL) insurers agreed to pay several million dollars.
Represented a NYSE REIT in negotiating a manuscripted environmental liability policy covering over 2,200 properties nationwide.
For more information on our Environmental Insurance experience, please contact Jonathan B. Sokol.