Christopher Cardona

Partner

Practice Description

Representative Matters

• US$40 million claim under Professional Indemnity policy. Acting for London Reinsurers in Madoff-related claims by Peruvian financial institution.
• US$25 million claim under Bankers Blanket Bond, Colombia. Acting for London reinsurers in connection with a claim by a fiduciary investment company in Colombia.
• US$500 million Material Damage and Business Interruption Reinsurance Claim. Acting for the insured in connection with a material damage and business interruption claim following a breakdown at a Peruvian mine operated by the insured.
• US$12 million claim under Bankers Blanket Bond, Panama. Acting for London Reinsurers in connection with a claim under a Bankers Blanket Bond following a mortgage fraud at a leading Panamanian Bank.
• US$10 million D&O claims, Spain. Acting for London and overseas Reinsurers in connection with multiple D&O claims emanating from a Bank of Spain investigation following the discovery of irregularities at a leading Spanish Bank.
• US$25 million Business Interruption Reinsurance Claim, Venezuela. Acting for London Reinsurers in connection with a Venezuelan business interruption claim valued at US$25 million. Representing London Reinsurers in English proceedings against the Venezuelan Cedant. Reinsurance issues include follow the settlements and breach of claims cooperation clauses. Reported as Lexington Insurance Co. v. Multinacional de Seguros SA [2008] EWHC 1170.
• US$5 million claim against brokers. Acting for a Panamanian Insurance Company following a fraud at a London market insurance broker.

Honors

Activities and Affiliations

Publications