Francis Landrey is a senior counsel in the Litigation Department and a member of the Insurance Recovery & Counseling Group. He is an experienced litigator in state and federal courts. Francis's practice has covered numerous subject areas, including most recently insurance coverage disputes, SEC regulatory proceedings, and antitrust litigation.
As a member of the Insurance Recovery & Counseling Group, Francis has concentrated on insurance coverage matters for clients in the financial services and construction industries. For financial services sector clients, Francis has handled lawsuits seeking to obtain substantial recoveries under directors and officers and errors and omissions insurance coverage for losses arising out of settlements of regulatory proceedings, securities law claims, and breach of fiduciary duty claims. The underlying lawsuits have included the WorldCom and Enron securities class actions, regulatory proceedings and class actions concerning market-timing and late trading in mutual fund shares, and the collapse, amid charges of fraud, of Commercial Financial Services Inc. and National Century Financial Enterprises, Inc. These litigations have addressed multiple coverage issues, including the scope and application of exclusions for allegedly dishonest conduct, recoveries in the face of claimed lack of the insurer’s consent to settle, the sufficiency of a notice of circumstances, and coverage for settlements of SEC regulatory proceedings. In connection with his work on coverage matters for the construction industry, Francis has advised clients concerning the application of general liability and contractors liability policies to claims arising out of the debris removal project at the World Trade Center site. In addition, Francis was part of the team of Proskauer lawyers who represented the lessee of the World Trade Center in its dispute with its insurers over the property damage claim arising out of the September 11 terrorist attacks.
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