Elliott M. Kroll

Elliott M. Kroll Arent Fox LLP

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New York’s status as prime arbitration venue bolstered with opening of the New York International Arbitration Center *

USA - May 6 2013
A new world-class hearing space will open its doors in New York City on July 1, 2013. The New York International Arbitration Center (NYIAC) &mdash…

Co-authors: Hunter T. Carter, Stephen G. Larson, Bernice K. Leber , Timothy Feighery , Matthew J. Clark.

New York Court of Appeals affirms ‘follow the settlements’ doctrine but requires allocations to be ‘objectively reasonable’ *

USA - February 22 2013
In U.S. Fid. & Guar. Co. v. American Re-Ins. Co., 2013 WL 451666, 2013 N.Y. Slip Op. 00784 (N.Y. Feb. 7, 2013), the New York Court of Appeals…

Co-authors: James M. Westerlind , Eric A. Biderman , Julius A. Rousseau, III , Michael S. Cryan, Peter G. Mancuso .

Corporate insurance issues following Hurricane Sandy *

USA - November 5 2012
Immediately call your insurance broker and your insurance company.

Co-authors: Julius A. Rousseau, III .

Brasner III: carriers may have to return premium in Florida *

USA - July 27 2012
In Pruco Life Ins. Co. v. Brasner, No. 10-cv-80804, slip op. (S.D. Fla. Jul. 25, 2012) (Brasner III), the US District Court for the Southern District of Florida granted defendant Wells Fargo Bank, N.A.’s (Wells Fargo) post-trial motion for reconsideration, holding that, based on newly discovered evidence, it was entitled to a trial on the issue of whether the plaintiff, Pruco Life Insurance Company (Pruco), should be required to return premiums paid by Wells Fargo for the subject policy after Wells Fargo had acquired the policy in the secondary market.

Co-authors: James M. Westerlind , Eric A. Biderman , Julius A. Rousseau, III , Michael S. Cryan.

First application of Dawe – favorable insurable interest decision for premium financing *

USA - July 2 2012
The federal court in Delaware recently issued the first decision applying the insurable interest standards articulated by the Delaware Supreme Court last year in the context of a life insurance policy purchased with borrowed funds.