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DLA Piper LLP (US)

444 WEST LAKE STREET, SUITE 900, CHICAGO, IL 60606-0089, USA
Tel:
Work +1 312 368 4000
Fax:
Fax +1 312 236 7516
Web:
www.dlapiper.com

Carl Poedtke

Tel:
Work 1 312 368 7294
Email:
DLA Piper LLP (US)

Work Department

Insurance

Position

Of Counsel

Career

Carl Poedtke has a broad range of litigation experience in domestic and international insurance, reinsurance and insurer receivership matters, including state and federal court litigation, arbitration and mediation of disputes. Beyond receivership-related work, Carl has been involved in a vast array of insurance and reinsurance related disputes and litigation over the course of his career. The disputes often involve issues of coverage under sophisticated commercial excess and/or reinsurance contracts and programs. Carl has also been retained to provide coverage analyses in respect of catastrophe claims and losses occurring around the world.

 

In addition to handling litigation of insurance and reinsurance matters, Carl litigates commercial matters in state and federal courts, and has, among other things, litigated actions for: breach of contract, common law and consumer fraud, breach of fiduciary duty, class actions, unfair competition, tortious interference and misappropriation of trade secrets. He further advises clients globally regarding information management and e-discovery issues.

Education

JD, John Marshall Law School; BA, Stetson University; Re Scholar Designation, Reinsurance Association of America


United States: Industry focus

Insurance: non-contentious

Within: Insurance: non-contentious

DLA Piper LLP (US) handles a range of complex transactions, including capital markets, joint ventures and M&A, and regulatory mandates in the insurance space. It is noted for its experience in advising insurance companies and those entering the insurance market on all aspects of capital investment and digital strategy. David Luce advised Swiss Re, as initial purchaser, in a $175m catastrophe bond offering sponsored by Security First Insurance Company, and advised Primerica in a $3.4bn disposition, by way of a highly structured, fully collateralized bulk reinsurance transaction, which transferred Primerica’s pre-IPO back book of insurance policies from Citi to Swiss Re. Global head of insurance transactions and regulation William Marcoux advised Blackstone on the formation of, and initial $600m capital raise for, Harrington Re, a joint venture between Blackstone and Axis Capital. Global chair of insurance and reinsurance Michael Murphy, tax expert Gerald Rokoff, Paul Chen in San Francisco, and of counsel Carl Poedtke in Chicago are key contacts. Former deputy general counsel at AIG Nicholas Kourides joined the team in 2017 as senior counsel. Named attorneys are based in New York unless otherwise stated.

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Legal Developments by:
DLA Piper LLP (US)

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.

    - DLA Piper UK LLP

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