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Litigation Funding for Insurance Coverage Matters


Speaker(s): Fiona A. Chaney, John Harabedian, Linda D. Kornfeld, Michael S. Levine
Recorded on: Sep. 24, 2020
PLI Program #: 311397

Lawdragon recently referred to Linda Kornfeld, partner at Blank Rome LLP and Vice Chair of its nationally recognized Insurance Recovery Practice, as “a card-carrying member of the ultra-elite club of insurance recovery specialists.”

Linda has distinguished herself in a highly competitive, male-dominated field as one of the leaders in insurance recovery law; she is one of only three women ranked nationally in her field by the preeminent ranking publication Chambers USA, and one of only six women ranked in California. In January 2020, Linda was named a “Woman of Business” by Comerica Bank Women’s Business Awards Program, and a “Top Minority Attorney” by the Los Angeles Business Journal. More recently, she was again named to the Los Angeles Business Journal’s “Most Influential Women Attorneys” list, and again named to Benchmark Litigation’s “Top 250 Women in Litigation List.”

Linda has more than 25 years of experience representing corporate policyholders in high-stakes litigation. Using strategic, creative approaches in her trial and appellate practice, she works with clients to recover of hundreds of millions of dollars in insurance assets, serving as a strategic adviser to senior executives and in-house counsel on mitigating risk and maximizing insurance recoveries. Linda handles matters that are frequently in the news, ranging from cybersecurity, data breaches, and privacy issues; losses due to infectious diseases, wildfires and other natural disasters; to employee fidelity, construction defects, asbestos, and product liabilities.

While some attorneys fight every fight, Linda is known for cutting through disputes, building consensus, and solving intricate problems to find favorable resolutions for her clients. She is well-known for her innovative approach, having on multiple occasions set precedents in court that have created new law.

For many years, Linda has enjoyed mentoring other women, and she is a sought-after speaker, media resource, and writer on women’s issues and complex litigation issues.

Linda is a member of the American College of Coverage and Counsel, an invitation-only association recognizing the preeminent coverage lawyers in the nation. Linda has co-authored the treatise A Policyholder’s Primer on Insurance, published by the Association of Corporate Counsel, among many other publications.

 


Fiona A. Chaney is an Investment Manager and Legal Counsel for Omni Bridgeway.

Prior to joining Omni Bridgeway in Los Angeles, Fiona was a trial lawyer for 15 years specializing in insurance coverage with an emphasis in the entertainment and sports industries, and speaks frequently on insurance law topics.

Additionally, she is experienced in white-collar criminal defense and government investigations. Fiona is also an editor and co-author of the New Appleman Sports and Entertainment Insurance Law & Practice Guide (LexisNexis, 2014).

Fiona has the depth of experience to assist with handling funding inquiries from inception through completion. Her invaluable expertise and consultation helps claimants, lawyers, firms, and companies where needed, stopping short of controlling any litigation, all the while providing due diligence and in-depth analysis of the viability of a potential funded matter for Omni Bridgeway. 

Fiona earned her J.D. from Loyola Law School where she was a member of the Order of the Coif. She received her B.A. in Political Science from the University of San Diego.

 


John Harabedian is an Associate Investment Manager, Legal Counsel in Omni Bridgeway's Los Angeles office.

Prior to joining the Omni Bridgeway team, John was a prosecutor in the Los Angeles County District Attorney's Office, where he conducted over a hundred preliminary hearings and served as the sole prosecutor on six trials to verdict. Earlier in John's career, he practiced as a litigator at Latham & Watkins LLP, representing both plaintiffs and defendants in commercial and securities litigation.

John graduated from Yale University, and then received his M.Sc. from Oxford University. After receiving his J.D. from Stanford Law School, John served as a law clerk to Judge Josephine Staton of the U.S. District Court for the Central District of California. In 2012, John was elected as a Councilmember for the City of Sierra Madre, where he resides with his wife and two sons. He is the Mayor of Sierra Madre.


Mike has more than 25 years of experience litigating insurance disputes and advising clients on insurance coverage matters.
Mike Levine is a partner in the firm’s Washington, DC office and a member of the firm’s Insurance Recovery team. Mike’s practice focuses on:

  • Property damage and business interruption claims, including COVID-19 losses
  • Event cancellation insurance counseling
  • Representations and warranties coverage
  • Commercial, professional, corporate and employment liabilities under CGL, pollution, E&O, D&O and EPLI insurance policies

Mike has spent his entire career advising clients about insurance and handling insurance coverage disputes. As a young lawyer, Mike represented the insurance industry in some of the highest-stakes matters, including the property, liability and appraisal proceedings arising from the Sept. 11 terrorist attack on the World Trade Center. Mike has devoted the latter half of his career to helping policyholders obtain the insurance recoveries they deserve, where Mike leverages his substantial insurance industry experience to maximize his clients’ insurance recoveries.

In recent years, Mike has recovered hundreds of millions of dollars of insurance proceeds for clients under general liability, property, directors and officers, cyber, errors and omissions, employment, environmental, and representations and warranties insurance coverages.

Mike is a prolific writer and frequently serves as a faculty member and lecturer on issues concerning insurance recovery, insurer bad faith and unfair claims practices and assessing coverage for new and emerging risks, such as COVID-19, cyber and disruptive technologies. Mike also serves as an editor of the ABA’s insurance coverage journal, Coverage, as well as manager and editor of the firm’s Insurance Recovery Blog.

Mike is admitted to practice in the District of Columbia, Massachusetts, New York and Virginia. He received his JD from the University of New Hampshire School of Law and his BA from the State University of New York at Stony Brook.