Cozen O’Connor: Stern, Lisa

Lisa Stern

Counsel

West Conshohocken

(610) 941-2359

(215) 372-2363

Lisa represents insurers in complex fraud and Ponzi scheme cases, including cases involving RICO claims, and has litigated a wide variety of matters involving third-party garnishment, interpleader claims, interstate compacts, and other matters arising out of structured settlements, life insurance, and annuities on behalf of major insurers. She assists her clients in litigation related to the full spectrum of issues that arise in connection with structured settlements and annuities, commercial contract disputes, and appellate matters.

Lisa regularly provides counseling to annuity issuers on a wide variety of matters, and has successfully litigated cases in both state and federal courts and before arbitration panels.

Lisa earned her undergraduate degree, magna cum laude, from Bowdoin College. Lisa earned her law degree, cum laude, from Boston University School of Law.

Experience

News

Cozen O'Connor’s Life Insurance & Annuities Group Named One of the Top Lateral Hires of 2018

March 23, 2019

The Cozen O'Connor Life Insurance and Annuities Group was named by The Legal Intelligencer one of the Top Lateral Hires of 2018 after joining the firm in April 2018.

Cozen O’Connor Expands Commercial Litigation Practice in Philadelphia with Group from Drinker Biddle

April 26, 2018

Cozen O’Connor announced today that three nationally recognized commercial litigators — Michael J. Miller, Gregory J. Star, and Stephen R. Harris — along with 11 others have left Drinker Biddle to join Cozen O’Connor’s Commercial Litigation practice

Publications

California Court Shuts Down Factoring Company’s Attempt to Purchase an Individual Retirement Annuity

May 30, 2019

Annuity issuers would be well-advised to resist factoring companies’ attempts to purchase IRAs in order to preserve the long-term viability of such products. They now have a well-reasoned precedent to assist them in this effort.

Court Dismisses Claims Alleging Undisclosed Deductions from Structured Settlement Funds [Alert]

October 24, 2018

Lisa Stern and Mike Miller discuss a number of attempts to hold casualty carriers and annuity issuers liable for allegedly failing to disclose deductions from the amounts used to purchase structured settlement annuities for plaintiffs’ benefit. Each case has met with varying results but serves as a reminder of the pitfalls and exposure to the insurance industry at the point of settlement.

Federal Court Upholds Policy Approved Under the Interstate Insurance Compact [Alert]

October 24, 2018

Lisa Stern and Michael Miller discuss the first decision to directly address the question whether an interstate compact that is not congressionally approved may delegate authority to an interstate body to promulgate regulations that trump conflicting law in the compact states.

Texas Court Dismisses Factoring Company’s Broad Declaratory Judgment Claims Against Annuity Owner and Issuer [Structured Settlements Alert]

August 29, 2018

Stephen Harris discusses a Texas Court's ruling In the Matter of: A Transfer of Structured Settlement Payment Rights by Shantel D. Freelon, RSL Funding, LLC, Plaintiff v. J.G. Wentworth Originations, LLC, Defendant.

Industry Sectors

Education

  • Boston University School of Law, J.D., cum laude, 1984
  • Bowdoin College, B.A., magna cum laude, 1978
  • Pennsylvania
  • U.S. Court of Appeals for the Third Circuit
  • U.S. District Court -- Eastern District of Pennsylvania