Today's News -
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Published on: 5/8/2003
Last Visited: 5/8/2003
Joel S. Feldman and Bruce Braverman have become partners in Sidley's Chicago office, accompanied by Jeffrey E. Crane as counsel and associate Brian W. Bilcer.
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Led by Mr. Feldman, the group has long been in the vanguard of insurance class action defense across the spectrum of market conduct, fraud and sales practices cases, especially in the life and health policy segments.Over the past six years, Mr. Feldman and his colleagues have defended more than forty market conduct cases in federal and state courts across the U.S. on behalf of the country's leading insurance companies.The group's representations stem from aggressive legal attacks waged against insurance industry products and marketing practices, including cases involving vanishing premiums, modal premiums, industrial insurance, annuity crediting, product differentiation, universal life, health insurance, and ERISA matters.Mr. Feldman's group has been especially successful in turning back class certification in large-scale litigation.
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Joel Feldman's group is a preeminent practice in insurance class action defense, particularly in successfully opposing class certification.We couldn't have found a better defense practice to fit with our existing financial and regulatory work for many of those same clients."Sidley has an extensive insurance industry practice which, to date, has largely been working with insurance companies, underwriters and financial market participants with insurance-related M&A and securities transactions, as well as handling major reinsurance arbitrations and insurance insolvencies.The new group brings an important added litigation component and expands the services the firm offers to property, casualty, life and health insurers.Charles W. Douglas, Chairman of Sidley's Management Committee and head of its Antitrust, Commercial and Regulatory Litigation Group, noted: "From a litigation standpoint, Joel Feldman's team is a superlative addition, complementing the class action work we already do in the areas of mass tort, product liability and securities litigation.
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Mr. Feldman noted, "Given the virtual explosion of the class action insurance bar, with plaintiffs methodically targeting insurance companies product by product and procedure by procedure, it was essential to align our group with a nationally known and diverse insurance and financial services practice that was also associated with a premier litigation group.No other law firm fit that bill as well as Sidley Austin.At the same time, we maintain the highest regard for Sachnoff & Weaver -- the firm supported my work for 24 years and we wish our former colleagues all the best."Mr. Feldman earned his BA from Oberlin College and his JD from Georgetown University (1979).He served as a law clerk to Judge Thomas Flannery of the United States District Court for the District of Columbia.He speaks and writes frequently on class action, insurance defense, and trial practice topics.He has served as the National Chair and Speaker at the PLI National Seminar on Class Action Litigation and has spoken at the annual meeting of the Association of Life Insurance Counsel.