The firm served as lead counsel in litigation alleging breach of a contract to provide three years of “guaranteed cost” workers compensation insurance coverage to our client, a large professional employer organization. At the end of the second year of the program, the insurance carrier argued that the growth of our client’s payroll justified “re-rating” the program at twice the premium cost. When our client refused to pay the increased premium, the carrier canceled coverage; and our client sued for breach of the three year contract. The jury’s award of more than $9,000,000 tied for the second largest verdict in a single plaintiff case tried during 2006 in North Carolina, according to North Carolina Lawyers Weekly, "Large Verdicts & Settlements" (January 29, 2007). On appeal, the fourth circuit affirmed the jury’s verdict and the trial court’s rulings in favor of our client, but reduced the amount of damages awarded.

Strategic Outsourcing, Inc. v. Continental Cas. Co., 414 F. Supp. 2d 545 (W.D.N.C. 2007), aff’d in part, 274 Fed. Appx. 228 (4th Cir. 2008).

Experience Center

Match our Experience to Your Needs

Experience Highlights

Boardman Petroleum, Inc. v. Federated Mut. Ins. Co.
The firm served as lead counsel to Boardman Petroleum in two significant actions resulting in reported decisions. The first action was brought more
Syndicated senior secured revolving credit facility for regional coal producer
Representation of publicly held leading regional coal producer, as borrower, in connection with $100 million syndicated senior secured revolving more
Condominiumization and sale of mixed-use development for Access Medical Development
Represented Access Medical Development, nationally recognized medical real estate developer, in condominiumization and sale of mixed-used more
Secured over $100M in working capital, franchisee loan facilities and senior unsecured notes for publicly held company
Representation of publicly held company, as borrower, issuer and guarantor, engaged in selling and leasing home and office furniture, electronics and more