After the trial court ruled on summary judgment that Citgo, as an "additional insured" under our client’s GLC policy, could obtain $5 million in self-insured insurance proceeds for losses Citgo had incurred in settling underlying claims, the firm assumed the role of lead counsel for the defendant contractor. The matter arose out of an explosion and fire that killed or seriously injured numerous employees of the contractor while working at Citgo's refinery. The Louisiana appellate court reversed the summary judgment ruling; and on appeal from a subsequent $9 million jury verdict for Citgo, the appellate court ruled that Citgo's own, self insured policies should contribute to the loss, thereby reducing our client’s liability exposure by more than $6 million.

Citgo Petroleum Corp. v.Yeargin, Inc.
690 So.d. 154 (La. App. 3d Cir. 1997).

Experience Center

Match our Experience to Your Needs

Experience Highlights

Conducted an anticorruption audit in Mexico
Performed an anticorruption audit in Mexico that included reviewing documents in Spanish and interviewing employees in both Spanish and English. more
In re NII Holdings
Represented creditors committee for NII Holdings Inc. (f.k.a. Nextel International) in connection with restructuring of more than $2 more
Brownfields agreement for Wake Forest University
Represent property developer, Wake Forest University, in a major research park's negotiations with the North Carolina Department of Environment and more
Multiple acquisitions for Provident Bankshares Corporation
Represented Provident Bankshares Corporation in multiple acquisitions and dispositions, including its $330 million acquisition of Southern Financial more