Jeffrey B. Greenspan

Obtained a verdict and judgment totaling more than $6 million in Dallas County, Texas following a bench trial for a builder's risk insurer in a case involving electrical damage to an apartment complex caused by the negligence of an electric utility company. The electric utility company's highest offer before trial was $300,000. The case subsequently settled pursuant to a confidential settlement agreement.

Won summary judgment on behalf of an insurance company client alleged to have violated the Employee Retirement Income Security Act (ERISA) when it refused to pay the plaintiff a portion of his deceased wife's life insurance benefit, and instead made the payout to the primary beneficiaries she had designated. In granting our motion for summary judgment, and denying the plaintiff's cross-motion, the court reasoned that the plaintiff's speculation that a conspiracy existed to cover up an internal change to the plan documents removing him as a primary beneficiary did not create a genuine issue of material fact, and held that the company's practices and procedures in administering its employee benefit plan satisfied its duties under ERISA and were properly followed.

Achieved victory in a FINRA arbitration on behalf of a major investment bank and one of its financial advisors. The dispute centered on the advisor's former employer's allegations of violation of the Illinois Trade Secrets Protection Act, breach of contract, and tortious interference after several former clients transferred their accounts to our clients. A central legal question was whether the plaintiff's attempt to foreclose its former employee from using his recollection of client names to contact them, after the expiration of a contractual non-solicitation period, sought to create a lifetime ban on competition that is illegal and against public policy.