Tony Baumgartner
Partner, London
Recent experience
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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
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Terrorism: coverage issues following the Second Lebanon War/July War
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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
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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
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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
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Product Liability: a range of high-value defective product disputes, including disputes across three separate jurisdictions involving stainless steel manufacturers
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Professional Indemnity: defending negligence claims against financial institutions, solicitors, accountants and surveyors
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Policy wordings: advice and bespoke wordings for political and trade credit risks, terrorism, and financial lines