Phillips Lytle LLP Successfully Co-Represents First Cardinal LLC

Monday, May 3, 2010 - 01:00

First Cardinal LLC, represented by law firms Phillips Lytle LLP and Patterson Belknap Webb & Tyler LLP, has announced that 13 workers' compensation self-insured groups for whom it had once acted as third-party administrator received a favorable decision by the New York State Supreme Court in a complex two-year litigation case against the New York State Workers' Compensation Board. The case pertained to a series of assessment billings levied against the self-insured groups by the New York State Workers' Compensation Board to help pay for the losses of several unrelated self-insured groups that had defaulted on their workers' compensation obligations - effectively initiating group-to-group liability. None of the defaulting self-insured groups that led to a nearly $450 million deficit were administered by First Cardinal.