Lisa M.Cirando

Of Counsel

纽约 + 1.212.326.3770

Lisa Cirando is an experienced insurance recovery litigator who crafts and implements innovative strategies to resolve coverage disputes and maximize insurance recoveries. Corporate buyers and sellers frequently consult Lisa on complex risk transfer and indemnification matters. She is highly regarded for her work in transactional M&A and private equity insurance placements and claims, including with respect to representations and warranties (warranty and indemnity) insurance.

Lisa represents clients in a wide range of industries located throughout the world. Her experience spans R&W, D&O and E&O, catastrophic property damage and business interruption, intellectual property, product recall and product liability, environmental, construction defect, unfair competition, business torts, tax, data breach/cyber liability, and employment policies and claims. Lisa has secured hundreds of millions of dollars in insurance recoveries for her policyholder clients.

Nationally recognized for her experience, Lisa speaks and publishes widely, particularly on emerging insurance issues, and she is regularly invited to chair industry conference panels at insurance and bar association conferences. She has devoted thousands of hours of pro bono legal services in connection with diverse organizations. In 2014, Lisa received the Pro Bono Publico Award for outstanding service to The Legal Aid Society and its clients in recognition of her efforts to help New York City residents impacted by Superstorm Sandy. A dedicated community leader, Lisa has been honored for her service on the boards of several nonprofits engaged in the arts and social justice initiatives.

经验

  • VSE Corporation acquires Turbine Controls, Inc.Jones Day advised VSE Corporation in the $120 million acquisition of Turbine Controls, Inc., a provider of maintenance, repair and overhaul (MRO) support services for complex engine components, as well as engine and airframe accessories, across commercial and military applications.
  • TopBuild attempts to acquire Specialty Products & InsulationJones Day advised TopBuild Corp. (NSYE: BLD) in its attempted acquisition of Specialty Products & Insulation from private equity firm Incline Equity Partners in an all-cash transaction valued at $960 million.
  • High Road Capital portfolio company acquires HTE TechnologiesJones Day advised High Road Capital Partners in connection with the acquisition and financing by portfolio company John Henry Foster Minnesota, Inc. of HTE Technologies, a leading automation supplier operating in Kansas, Missouri, and Illinois.
  • J.F. Lehman & Company acquires Mission MicrowaveJones Day advised J.F. Lehman & Company in the acquisition and financing of all of the outstanding membership interests of Mission Microwave Technologies, LLC, a revolutionary designer of radio frequency and microwave electronics supporting ground-based, airborne and space-based applications.
  • ProMedica sells Paramount Health to Medical MutualJones Day is advising ProMedica in the sale of Paramount Health to Medical Mutual.
  • ETS acquires PSIJones Day advised Educational Testing Service (ETS) in its acquisition of PSI Services LLC, a global leader in test development and delivery across workforce certification and licensure.
  • SingTel sells Trustwave to The Chertoff GroupJones Day represented Singapore Telecommunications Limited, southeast Asia’s largest telecommunications company, in the sale of Trustwave, a cyber security and managed security services business, to funds affiliated with The Chertoff Group for $205 million. In connection with the sale of Trustwave, Jones Day represented SingTel, as lender, in connection with a unique $195 million senior secured term loan and $40 million unsecured multiple draw term loan facility provided to Trustwave.
  • Signature Aviation acquires MeridianJones Day advised Signature Aviation in the acquisition of Meridian, an award-winning private aviation company with bases in Teterboro, NJ (TEB) and Hayward, CA (HWD).
  • Shiseido Americas acquires Dr. Dennis Gross Skincare for $450 millionJones Day is advising Shiseido Americas Corporation, a subsidiary of Shiseido Co., Ltd., regarding its definitive agreement to acquire DDG Skincare Holdings LLC, the owner of Dr. Dennis Gross Skincare, for $450 million in cash.
  • Riverside portfolio company acquires The Brothers that just do Gutters (Brothers Gutters)Jones Day represented The Riverside Company in connection with the acquisition by portfolio company Evive Brands of The Brothers that just do Gutters (Brothers Gutters), a franchisor that provides gutter installation, replacement, maintenance, and cleaning services for residential and commercial customers.
  • American Pacific Group acquires Spark Power Group Inc.Jones Day acted as U.S. counsel to American Pacific Group, L.P. in the approximately C$140 million acquisition of Spark Power Group Inc., a leading independent provider of end-to-end electrical services and operations and maintenance services to the industrial, utility, and renewable asset markets in North America.
  • Riverside portfolio company acquires busybusy, Inc.Jones Day represented The Riverside Company in connection with the acquisition and financing by portfolio company ToolWatch of busybusy, Inc., developer of the popular time tracking software for construction and other remote industries.
  • EagleTree Capital acquires MMGY GlobalJones Day advised EagleTree Capital in the acquisition and financing of MMGY Global, a leading integrated marketing firm specializing in travel, tourism and hospitality, from Peninsula Partners and other shareholders.
  • WEG acquires industrial electric motors and generators business from Regal Rexnord CorporationJones Day is advising WEG S.A. in the $400 million acquisition of the industrial electric motors and generators business of Regal Rexnord Corporation.
  • J.F. Lehman & Company portfolio company acquires White Lake Dock & DredgeJones Day advised J.F. Lehman & Company in the acquisition and financing by portfolio company, ENTACT, LLC, of White Lake Dock & Dredge, Inc.
  • Roper Technologies subsidiary acquires business of RepliconJones Day advised Roper Technologies, Inc. in the acquisition by subsidiary Deltek, the leading global provider of software and solutions for project-based businesses, of the business of Replicon, Inc., a provider of unified time tracking solutions that bring together Project Delivery, Finance, and HR on a single platform, purpose-built for project and services-centric organizations.
  • VSE Corporation partners with The Loar Group to acquire Desser AerospaceJones Day advised VSE Corporation (NASDAQ: VSEC) ("VSE") in its acquisition (the "Acquisition") of Desser Aerospace ("Desser") for a purchase price of $124 million.
  • ABS sells technical inspection service line to ApaveJones Day advised ABS Group of Companies, Inc. in the sale by one of its subsidiaries, ABSG Consulting, Inc., of its technical inspection service line to Apave Group, an international inspection group.
  • DIC acquires photoresist polymers manufacturer PCAS CanadaJones Day advised DIC Corporation, a Japanese chemicals group operating globally in over 60 countries, in connection with its acquisition of Quebec-based PCAS Canada Inc., a company that manufactures and sells polymers used in photoresists for semiconductor photolithography, from PCAS S.A., a French company.
  • CoLift, Traxys Management and Optiver acquire Traxys GroupJones Day represented CoLift LLC, which sponsored the management buy-out of the Traxys Group, a leading global physical trader and merchant in metals and natural resources, together with Optiver, a global market maker and an investor group active in mining and natural resources led by Regent Mercantile Holdings Limited and The LOM Financial Group.
  • The following represents experience acquired prior to joining Jones Day.

    Successfully litigated an appeal to a New York State appellate court on behalf of a famed New York City hotel and obtained a landmark victory for policyholders in Hotel des Artistes v. General Accident Insurance Company of America, 9 A.D.3d 181 (1st Dep't 2004), which recognized that a general liability policy provides a duty to defend against claims involving breach of contract and that allocated the burden of proof to the insurance company to demonstrate those portions of the settlement that are not covered by the policy.

    Represented PricewaterhouseCoopers LLP seeking errors and omissions coverage for a $182 million verdict resulting from a claim brought by the receiver for Ambassador Insurance Company.

    Represented a global financial services firm in a dispute with its fidelity bond insurance companies relating to a claim involving an elaborate fraud perpetrated by a financial advisor who sold fake securities and used the funds to invest in risky trading schemes that benefitted himself and reached a settlement with the insurance companies that involved offsets, assignments, and contingency clauses that took into account the amounts received in restitution proceedings brought against the individual advisor and his family; the amounts of settlements/judgments ultimately paid to those clients who refused to settle their claims; and the legal fees and costs required to pursue and/or defend such actions.

    Represented Rank Group Plc. (Hard Rock Cafe) in international litigation regarding its business interruption claims for the New York and Washington, D.C. Hard Rock Cafe restaurants for business losses sustained as a result of the September 11, 2001 terrorist attacks.

    Represented Paxson Communications Corporation in multistate litigation regarding its property damage, business interruption, and extra expense losses incurred as a result of the September 11, 2001 terrorist attacks.

    Represented WellCare Health Plans, an HMO, with respect to errors and omissions liability claims arising out of a dispute with one of WellCare's sales/marketing agents.

    Represented Hartz Mountain Industries in litigation regarding a competitor's wrongful act claims under a directors and officers liability insurance policy and in litigation regarding construction defect/property damage claims under a CGL insurance policy.

    Represented Warnaco Group in directors and officers liability insurance claims involving a competitor's claims, multiple shareholder securities class actions, and an SEC investigation.

    Represented a brewing company's claims for coverage under D&O and fiduciary liability policies for international securities class actions and ERISA actions.

    Represented a major steel manufacturer in litigation involving first-party and business interruption claims resulting from an explosion at one of the steel manufacturer's facilities.

    • April 29, 2015
      RIMS 2015 Annual Conference and Exhibition, The Fourth Industrial Revolution: Managing The Many Dimensions of 3D Printing
    • October 3, 2012
      The New Jersey Association for Food Protection: An Introduction to Insurance for Food and Beverage Claims, Rutgers University
    • April 17, 2012
      Your D&O Roadmap - How to Avoid Pitfalls, Potholes and Pileups, Risk and Insurance Management Society's 2012 Annual Conference
    • March 29, 2012
      Insurance for Alternative Asset Managers: Not All Policies Are Created Equal, The Westchester/Southern Connecticut Chapter of The Association of Corporate Counsel
    • June 28, 2011
      2011 Speaker Series
      Labor and Employment: The EEOC's Renewed Focus on Systemic Discrimination
    • March 6, 2010
      Now You See It, Now You Don't - Demystifying Exclusions and the Illusion of No Coverage, ABA Insurance Coverage Litigation Committee CLE Seminar
    • December 3, 2009
      Emerging Coverage Disputes, HB Litigation Conference's Fidelity Bond and Crime Coverage Conference
    • August 2, 2009
      The Changing Climate of Insurance, American Bar Association Annual Conference
    • June 11, 2009
      Current Issues in D&O Liability & Insurance - Madoff Liability, The Association of the Bar of the City of New York
    • May 5, 2009
      The Basics of Municipal Insurance Contracts, The County Attorneys' Association of the State of New York's Annual Meeting
    • February 27, 2009
      Climate Change and Its Challenges for Policyholders and Insurers, ABA Tort Trial & Insurance Practice Section's Annual Insurance Coverage Litigation Committee Program
    • April 28, 2008
      Green by Design - Insurance Coverage for Building Green, Risk and Insurance Management Society's 2008 Annual Conference
    • February 29, 2008
      Coverage for an Inconvenient Truth? D&O Coverage for Global Climate Change, ABA Insurance Coverage Litigation Committee CLE Seminar