X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Why has Gary Dixon been so busy for the last few years? Because early in his career he chose to specialize in directors’ and officers’ insurance. The accounting scandals that have inspired so many news stories have also kept the Ross, Dixon & Bell partner on his toes. When directors and officers are sued for their role in business disasters, they look to their corporation’s D&O insurance policies for protection. Dixon, 56, has been counseling issuers of D&O policies involved in some of the most notorious creative-accounting cases, including Adelphia, Enron, Tyco, and WorldCom. Dixon has also represented an insurance company in the securities litigation and derivative suits related to accounting fraud at HealthSouth. He has worked on settlement negotiations in the HealthSouth case for the last three years, and he says they’re close to a conclusion. Over the years, Dixon has handled some rather unusual coverage disputes, including claims involving John Lennon, Joe Theismann, and the New York Yankees. But it has been some of the less eye-catching cases that have proved the most memorable. In 1984, he was brought into a D&O liability case involving Beverly Hills Savings & Loan Association. At the time, it was the biggest savings-and-loan collapse in the country, he says. Dixon represented the insurer that had provided the D&O policy. The case settled after seven long years of litigation. It was through that case that he met San Diego-based litigator Roy Bell, who 15 years later would merge his firm with Dixon’s. Clients say that Dixon has an ability to make them feel as if each one of them is his only concern. “Gary is very good at servicing exactly what you want, where other lawyers fall on their face in that regard,” says Richard Ruffee, senior vice president of claims at HCC Global Financial Products, which provides D&O insurance to public and private companies. “We’ll send him a new claim or case, and he can give us a distilled, precise analysis of where it’s likely to go.” Back in the early 1980s, Dixon took a chance on where his whole field was likely to go. Like many others, he could see that a flood of insurance cases was building. But unlike many others, he decided to ride the wave. So he, Stuart Ross, Harold “Skip” Masback III, and four other colleagues left D.C.’s Hogan & Hartson in 1983 to launch what was then Ross, Dixon & Masback. Masback later left the firm to attend Yale Divinity School, and Bell merged his 14-attorney firm with Dixon’s in 1999. Those first clients were generated in large part through Stuart Ross’ contacts. Today, Ross, Dixon & Bell boasts 120 lawyers in four offices, the majority of whom handle insurance cases, commercial litigation, and other corporate matters. “We were kind of thinking long term about our career plans, and it just seemed like an exciting thing to do,” Dixon recalls. “We thought it would be fun to grow it.”

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.