Wolff Ardis, P.C. has developed an international reputation for its experience in pursuing financial institution bond claims, commercial fidelity bond claims and related litigation. Members of our firm have collectively over 100 years’ experience in this area and have participated in obtaining recoveries and/or judgments of over $130 million for clients through bond claims and related litigation.
The lawyers of Wolff Ardis, P.C. have handled complex fidelity bond and commercial bond claims for:
– National Banks
– Savings Banks
– Insurance Companies
– Credit Unions
– Manufacturing Companies
– Government Organizations
– Small Businesses
Wolff Ardis, P.C. pursues claims filed with all major U.S. and European insurance carriers. As a result, we have developed a unique understanding of the claim techniques employed by each carrier, and also a working relationship with each carrier’s attorneys and adjusters. This working knowledge often leads to faster resolution of claims.
Members of the firm have engaged in an exhaustive analysis of the policy language as well as the current legal interpretations given to financial institution and commercial bond policies and their drafting histories. Knowledgeable policy interpretations have led to recoveries under seldom-considered arguments and have increased the dollar recoveries made on behalf of a number of clients. Patrick M. Ardis spent several years in London, where he developed a close working relationship with brokers in the London market. He has worked with London underwriters and brokers to tailor policies to the specific needs of clients.
As soon as you discover a possible loss due to dishonesty, robbery, burglary, larceny, mysterious disappearance, destruction of property, in-transit losses, forgery, counterfeiting, fraudulent mortgages, or any other event you believe may be covered by your fidelity bond, contact Wolff Ardis, P.C. The lawyers of Wolff Ardis, P.C. can guide you through the maze that must be followed to recover – from sending out notice letters, to conducting an investigation, to assuring the claim is properly mitigated, to filing a proof of loss, to pursuing a lawsuit if necessary.
Wolff Ardis, P.C. not only has experience in pursuing bond claims for employee dishonesty, it has also recovered almost $50 million in losses to financial institutions due to mortgage fraud. The firm’s experience in pursuing financial institution bond claims arising out of mortgage fraud ranges from warehouse mortgage lending fraud, to fraudulent second mortgage schemes involving finance companies, to schemes between in-house bankers and mortgage brokers.
When pursuing bond claims, Wolff Ardis, P.C. also explores and pursues all other avenues of recovery, including attorneys’ and accountants’ liability claims, disposition of collateral and pursuing individual directors, officers and others involved in the loss. (See Professional Liability Section).
Wolff Ardis, P.C. has achieved results through negotiation, mediation, and litigation. Wolff Ardis, P.C. has handled claims ranging from a few hundred thousand dollars to many millions of dollars. The experienced attorneys of Wolff Ardis, P.C. have successfully pursued innovative theories to assure the best results for their clients.
Contact Wolff Ardis, P.C. as soon as you realize you have a problem to guide you every step of the way through pursuing your claim.
