Content is provided by the firm.Formed in 1980, Chicago-based Butler Rubin has established itself as a well-known litigation boutique assisting clients nationally and internationally in the core practice areas of reinsurance and complex business disputes, including antitrust, competition law and opt-out antitrust litigation; class actions; defense of corporate directors and officers; mortgage-backed securities litigation and related insurance litigation; mortgage insurance; credit insurance; insolvency; creditors' rights; and products liability and mass tort matters.
The firm works throughout the United States and abroad. From representing clients in international reinsurance disputes in London to representing clients in antitrust cases in the United States, our practice is diverse and our approach innovative.
Butler Rubin is always looking for new and more efficient ways to partner with clients. Whether it is through our award-winning Client Service program or our long-standing policy of not passing internal costs on to clients, Butler Rubin distinguishes itself from other law firms.
At our inception, a group of partners from one of the nation’s largest law firms left to form a different type of law firm. The original concept continues – a firm where the needs of clients serve as the guiding force, where a smaller environment promotes demonstrated teamwork and true collaboration, and where an elite corps of lawyers practices together.
Main Areas of Practice:
Antitrust and Competition Law – serving as antitrust counselors as well as litigators for over 30 years, including serving as counsel for the plaintiff in the ground-breaking Spray-Rite v. Monsanto case. The firm helps clients successfully resolve a wide variety of disputes with customers, suppliers and distributors and its representation of large purchasers in the burgeoning area of opt-out antitrust litigation have earned Butler Rubin an enviable reputation. The firm’s representation of manufacturers who sell their products through distributors has helped those businesses avoid expensive problems when those relationships change.
Class Action – representing clients in all types of class action disputes. Our attorneys have successfully defended insurers and financial institutions in nationwide class action lawsuits brought under the securities and antitrust laws as well as federal consumer protection and state consumer fraud statutes. We have also represented manufacturers and distributors in high-stakes class actions, as well as acting as national coordinating counsel and local counsel in class actions at the federal and state courts at the trial or appellate levels.
Complex Business Disputes – representing clients in large, complex business disputes, including shareholder derivative suits, managed care disputes and employment litigation, throughout the United States. As experienced trial lawyers, our approach to discovery is extremely focused, eschewing battles and discovery that are not essential to trial or favorable settlement. With more than 30 litigators and a sizeable support staff of trained professionals, the firm has the depth and experience to efficiently handle complex disputes throughout the country.
Insurance – representing insurers in litigation and arbitration of complex disputes. We help clients solve complex issues in underwriting, claims, allocation, agency and insolvency as well as the non-litigation aspects of their insurance relationships. Our experience and our breadth of knowledge have helped us implement a highly efficient case management process. Through early case assessment, continuous case evaluation, and the development of a coherent and compelling story of the case, we place the client in a position that maximizes the probability of success.
Insurance Regulatory and Transactions – providing corporate transactional and insurance regulatory support in sales and purchases of insurers and insurance-holding companies and books of insurance business through renewal rights and reinsurance transactions. The firm also provides insurance regulatory counseling to insurers and insurance holding companies. We leverage our experience and knowledge of the insurance industry to find solutions and practical approaches for clients without expensive, protracted dealings with regulators and without creating adverse precedents and interactions that may negatively affect our clients’ business.
Mortgage Insurance and Credit Insurance – representing insurers and reinsurers in mortgage insurance and credit insurance disputes regarding breach of contract, rescission, fraud, coverage issues, and bad faith disputes. We represent a mortgage insurer and a credit insurer in high-profile litigation throughout the United States against various lenders concerning mortgage and credit insurance policies involving aggregate exposures of hundreds of millions of dollars.
Reinsurance – representing domestic and foreign clients in complex reinsurance disputes involving areas such as underwriting, scope and applicability of arbitration clauses, placement disclosures, claim handling, retrospectively rated business, obligations to follow settlements, allocation of settlements, obligations under surplus share reinsurance contracts, excess of loss contracts, application of ultimate net loss and net retained line clauses, accounting for premiums and losses, agency, insolvency and finite reinsurance. The firm’s attorneys are immersed in the intricacies of reinsurance custom and practice and the commercial relationships upon which participants in the industry depend.
In 2004, Butler Rubin created Women in Reinsurance (“WIR”) to discuss how the reinsurance industry was evolving and how women could play a dynamic role in the future of the field. WIR regularly sponsors events of interest to professional women in the reinsurance industry and fosters networking and information sharing. (www.womeninreinsurance.com)
Diversity Efforts: The firm is a founding member of the Small Firm Diversity Initiative in coordination with the Minority Corporate Counsel Association. In addition, the firm has provided financial support to a number of minority law student groups and awards an annual $20,000 scholarship to a first-year law student, with preference given to diverse candidates.
Pro Bono: Since our inception, Butler Rubin has encouraged its lawyers to participate in projects that are pro bono publico, or for the public good. Each year, we commit to devoting at least 2% of our billable time to pro bono matters and to getting more partners involved in this work. We pride ourselves on using our noted litigation expertise to satisfy the unmet legal needs of the Chicago community and we give full billable hour credit to time spent by our attorneys on pro bono matters. As one of the few firms its size to sign the Pro Bono Initiative's Statement of Principles, Butler Rubin is proof that no law firm or corporation is too large or too small to make a commitment to the provision of free legal services. Butler Rubin was named to the 2015 Public Interest Law Initiative Pro Bono Recognition Roster.