O'Melveny Receives Chambers Award for Excellence in InsuranceJune 14, 2010
FOR IMMEDIATE RELEASE
O'Melveny & Myers LLP
O'Melveny & Myers LLP
NEW YORK, NY – JUNE 14, 2010 – O'Melveny & Myers LLP announced that its Insurance and Reinsurance Practice received Chambers and Partners’ highest recognition at the annual Chambers USA Awards for Excellence ceremony, held on June 10 in New York City. This is the third consecutive year that O’Melveny has received an Award for Excellence.
“It is truly an honor to receive Chambers’ most prestigious award for our successes for insurers and reinsurers,” said Paul Koepff, partner and Chair of O’Melveny’s Insurance and Reinsurance Practice. “Our nationwide team of lawyers has broad experience and knowledge in the industry and we look forward to continuing to help our clients navigate their increasingly complex issues.”
According to Chambers, “Insurers greatly value O’Melveny & Myers’ extensive national network of insurance and reinsurance specialists, who excel in everything from courtroom and appellate litigation to arbitration.”
“This award is a testament to the extraordinary talent and dedication of our Insurance and Reinsurance team, and the outstanding results they have achieved for our clients,” said Brad Butwin, Chair of O’Melveny’s Litigation Department. “We are proud to have been entrusted with their most important matters.”
The group’s trial and arbitration practice in the US, Bermuda, and the UK continues to thrive and the team’s recent successes for clients include impressive appellate wins such as the complete reversal of a US$51 million judgment for ACE in the Ninth Circuit following almost a decade of coverage litigation, and a major Seventh Circuit victory, also for ACE, in an insurance class-actions matter. The group also obtained a very favorable settlement for Zurich in a bad faith insurance matter that had been pending in federal court, and secured a California Court of Appeal decision affirming in full a trial court victory for China Eastern Airlines in litigation brought by families of the victims of a 2004 jetliner crash in Inner Mongolia.
Each year, through extensive research, Chambers recognizes the achievements of only a handful of practices and firms who stand out in the marketplace as leaders in their field with an Award for Excellence.
About O’Melveny Insurance and Reinsurance Practice
With a broad team of dedicated practitioners located in offices across the country, O’Melveny’s insurance and reinsurance practice combines over 75 years of experience with forward-looking innovation. The practice provides litigation, arbitration, and transactional services to such notable insurance companies as ACE, XL, Zurich, Arrowood, Northwestern, CIGNA, and Resolute Management. The team excels in complex matters with significant repercussions, succnd reinsurance companies alik.
About O’Melveny & Myers LLP
With approximately 1,000 lawyers in 14 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.