Akerman achieved victory for a Fortune 100 company, defeated six class actions opposing the merger of two biotech companies and even played sleuth to uncover insurance fraud in 2013.
For the big company, an Akerman litigation team all but eliminated damages a subsidiary of defense contractor Raytheon Corp. was facing in a breach of contract arbitration involving the delivery of navigational equipment to two Venezuelan navy submarines.
A Venezuelan company sued Raytheon Anschutz GmbH in Venezuela’s supreme court, seeking more than $155 million in damages because Raytheon did not deliver after the United States embargoed the sale of military equipment to the country.
Because the contract required arbitration, Raytheon began arbitration proceedings before the International Chamber of Commerce in Madrid, and the Venezuelan company filed a counterclaim.
After jurisdictional disputes were resolved, the ICC tribunal held last year that while Raytheon should have delivered the equipment despite the embargo, it owed less than $3 million in damages.
The tribunal also decided the Venezuelan company could not collect the damages unless it dismissed with prejudice its lawsuit in Venezuela. It imposed about 85 percent of the arbitration cost on the Venezuelan company, recognizing Raytheon as the prevailing party.
Lead attorneys on the case were Luis Perez, co-chair of the Latin America practice, Luis O’Naghten, chair of the international litigation and arbitration practice, and partner Francisco Rodriguez.
In another notable case, State Farm retained Akerman to investigate a possible scheme to defraud insurance companies. After a yearlong probe, the Akerman team filed suit in federal court against a Miami chiropractic clinic and those involved in its operation seeking to recover what State Farm paid on bogus claims.
In a twist on personal injury protection frauds, the clinic operators avoided state scrutiny by taking advantage of an exemption to state licensing requirements if a clinic is owned by a licensed medical professional. An unemployed chiropractor became such an “owner” even though he did not pay for or run the Miami clinic, which only treated people injured in car accidents.
At trial, the Akerman team demonstrated the non-doctor who actually ran the clinic divided millions in claims paid by State Farm and other insurers among himself and associates. The jury deliberated only 20 minutes before returning its verdict.
Team members were partner David Spector and of counsel Allison Bernstein, Samantha Feuer and Adam Hodges, and associate Ashleigh Bhole. Akerman has 86 general litigation attorneys in South Florida.