Tony Baumgartner
Senior associate, 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