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Tony Baumgartner

Partner, London

Recent experience

  • Political and Trade Credit Risks: CEND claims involving power plants in the Far East and on the Indian subcontinent; unfair bond calls and contract frustration coverage disputes involving Cuban sugar and commodities contracts; trade credit dispute involving a leading US electronic games manufacturer
  • Terrorism: coverage issues following the Second Lebanon War/July War
  • Financial Lines: world-wide recovery actions against funds managers and administrators; tracing actions; claims against offshore trustees in Jersey, Guernsey and the Isle of Man; coverage advice on a bank's Fidelity/BBB policy for dot com losses in the Italian financial markets
  • Fine Art, Specie and Jeweller's Block: armed robbery losses, defective title and fire claims; recovery of a major work by a leading Cubist painter stolen from a private collection in the United States in the 1980s; liquidation of a former leading London-based antiquities dealer
  • Reinsurance: advice to London market reinsurers in a number of multi-tier facultative reinsurance programmes; advice on the effect of aggregation and loss settlement clauses in the reinsurance of original policies covering product liability and financial lines
  • Product Liability: a range of high-value defective product disputes, including disputes across three separate jurisdictions involving stainless steel manufacturers
  • Professional Indemnity: defending negligence claims against financial institutions, solicitors, accountants and surveyors
  • Policy wordings: advice and bespoke wordings for political and trade credit risks, terrorism, and financial lines