Guy Carpenter & Co., v. Lockton Re. LP
(S.D.N.Y. June 24, 2010)
This action arises out of a dispute over brokerage fees for placing reinsurance coverage. Based upon the allegations contained in the complaint, it appears an employee of John B. Collins Associates, an acquired subsidiary of Guy Carpenter, left Collins for Lockton Re. After his departure, a number of clients that had placed reinsurance coverage through Guy Carpenter left the company for Lockton Re.
According to the complaint, Guy Carpenter did not receive all of the brokerage fees owed based upon the procurement of reinsurance coverage. Guy Carpenter is seeking recovery based claims of conversion, tortuous interference with contract and unjust enrichment.
For a copy of the complaint, click here
Brian Biggie and Sharon Angelino