Richard Feldman and David Guadagnoli win a major State Supreme Court decision
March 1, 2013 | |Richard Feldman and David Guadagnoli have won affirmance of summary judgment in a decision before the Maine Supreme Judicial Court (Maine’s highest court of appellate review) on behalf of their client, the American Insurance Company, ordering that, under New York Law, American did not have to satisfy an underlying multi-million dollar judgment in connection with a catastrophic underlying bodily injury claim. This decision is the first of its kind, and involved interpretation of specific policy provisions of an Excess Catastrophe Policy never before interpreted by any state or federal appellate court of review.