Jenner & Block

Jenner & Block Wins $17.5 Million Arbitration Award for Trustmark in Reinsurance Case

On October 24, 2008, a team from Jenner & Block won a $17.5 million arbitration award on behalf of Trustmark Insurance Company against two subsidiaries of AIG, U. S. Life Insurance Company and All American Life, in a complicated reinsurance case. The arbitrator's award also includes declaratory relief likely to bring the total award to in excess of $20 million, the full amount that Trustmark had claimed.

The dispute between Trustmark and the two subsidiaries of AIG concerned whether AIG had liability for certain contracts related to a joint venture reinsurance facility that had been established.  AIG and its counsel vigorously contested liability, but the arbitrator accepted both the factual testimony and legal arguments presented by Trustmark.

The Jenner & Block trial team included Partners Robert L. Byman, Joel T. Pelz, and Patricia A. Bronte, Associates Jill M. Hutchison and William P. Wallenstein, Project Assistants Annette M. Young and Kenneth S. Waldmann, Paralegals Franklyn N. Phillip Jr., Shawn K. McGee, and W. Michael Hughes Jr., and Legal Secretary Kathleen Dickman.