Number of partners: 34
Number of other lawyers: 48
Founded in 1933 and based in New York’s financial district, Mound Cotton Wollan & Greengrass LLP is primarily engaged in insurance, reinsurance and commercial litigation and arbitration. The firm also has a growing corporate, securities, and commodities practice.
Insurance & Reinsurance,
Director & Officer/Professional Liability
Main Areas of Practice:
Insurance & Reinsurance:
Insurance & Reinsurance: Mound Cotton’s focus throughout its 85-year history has been to provide counsel to insurers, reinsurers and other companies in the insurance world on major commercial issues involving contract interpretation, coverage and the various other types of questions that arise in the context of the business of insurance and reinsurance. A major portion of the firm’s work has been acting for insurers and reinsurers in complex litigation and arbitration. Mound Cotton also represents reinsureds, reinsurers, intermediaries, pool managers, managing general agencies, underwriters, liquidators and others with interests in the reinsurance market. Clients are based in the United States, the United Kingdom, Europe and other foreign jurisdictions. The firm is knowledgeable concerning the nature and operations of insurance markets throughout the world, and has considerable experience dealing with insurer and reinsurer insolvencies, as well as specialized classes of business such as environmental, business interruption and other time element, terrorism and war risk, product recall, professional indemnity/ errors and omissions, and residual value, efficacy, and performance and other financial guaranty.
Mound Cotton’s attorneys practice regularly in federal and state courts and before arbitration panels and administrative agencies throughout the United States and the United Kingdom as well as elsewhere abroad. The work includes trials, appeals, hearings, bankruptcy/creditors’ rights proceedings and mediation/alternative dispute resolution.
The firm represents individuals and companies in hearings before state insurance and other administrative and regulatory agencies and exchanges. Mound Cotton is also experienced in both the P&C and life arenas in ART transactions, securitization of risk, and other financial vehicles currently utilized by insurers and reinsurers to manage their liabilities/risk portfolios and reserves. The firm’s corporate attorneys are well grounded in statutory and regulatory law and procedure, and thoroughly familiar with the agencies that oversee the activities of insurers, reinsurers, agents and intermediaries. Their expertise is available to the firm’s reinsurance attorneys and is regularly utilized in a wide variety of litigated and arbitrated matters.
Mound Cotton’s work includes counseling clients in corporate matters, both domestic and foreign, such as corporate formation, shareholders’ agreements, contract negotiations, employment agreements, regulatory and compliance issues, licensing, mergers and acquisitions, joint ventures and partnerships, and intellectual property. Clients include venture capital and private investment companies, as well as hedge funds, commodities exchanges and clearing organizations, securities and commodities brokerages, broker/dealers, floor brokers and floor traders, investment advisory firms, commodity pool operators, commodity trading advisors and labor organizations.
Director & Officer/Professional Liability:
MCWG attorneys offer expertise across varied coverage lines, including directors and officers liability, financial institution professional liability, fiduciary liability, and errors and omissions/professional liability. MCWG represents lawyers, accountants, and other professionals, including insurance agents and brokers, real estate agents, insurance companies, design professionals, investment advisers, consultants, and other professionals, in connection with the defense of professional liability claims. The firm represents broker-dealers, financial advisers, and registered investment advisers in litigation and arbitration, including arbitrations before the Financial Industry Regulatory Authority (FINRA). International Work: The firm represents insurers, reinsurers, intermediaries, managing agents, pools and other insurancerelated concerns in litigated matters throughout the world, as well as in international arbitrations. Together with local counsel, the firm has acted for clients in the United Kingdom, Bermuda, Canada, Germany, Spain, Italy, Greece, France, Australia and Trinidad.