Represented ABT Building Products Corp. and ABT Co. Inc., one of the largest manufacturers of building materials in North America, and working with another firm, obtained a jury verdict of more than $18 million in the United States District Court for the Western District of North Carolina (Statesville Division). ABT sought coverage under a three-year umbrella policy issued by National Union with respect to numerous class actions and individual lawsuits alleging defects in hardboard siding manufactured by ABT. The jury awarded our clients $2.5 million for breach of contract, $3.9 million for unfair and deceptive trade practices, $3.9 million for bad faith and $7.5 million in punitive damages for the carrier’s bad faith denial of coverage, misrepresentation of policy terms and failure to effectuate a prompt and fair settlement of the underlying lawsuit. The trial judge trebled the unfair and deceptive portion of the award and granted our clients’ motion for nearly $2 million in attorney fees. The Fourth Circuit affirmed. ABT Bldg. Prod. Corp. v. Nat'l Union Fire Ins. Co. of Pittsburgh, Inc., 472 F. 3d 99 (4th Cir. 2006). 

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Formation of venture capital and investment fund for venture capital company
Represented a venture capital company in connection with the formation and securities offering of a real estate investment fund. more
Advised sales promotion and specialized marketing services firm after data breach
Advised and provided administration in connection with follow-up legal issues after data breach.
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Multi-currency syndicated senior revolving credit facility for provider of information solutions
Representation of publicly held provider of information solutions, as borrower, in connection with $500 million multi-currency syndicated senior more
Acquiring majority ownership interest for a U.S.-based outsourcing services company
Served as lead counsel in representing a U.S.-based outsourcing services company in acquiring majority ownership interest in India-based more