Insurance MVP: O'Melveny's Tancred Schiavoni

Law360, New York (December 11, 2012, 4:44 PM EST) -- O'Melveny & Myers LLP's Tancred Schiavoni persuaded the Ninth Circuit to allow insurers to challenge bankruptcy plans made without their input that subject them to huge potential losses, one of several accomplishments that earned him a spot as one of Law360's Insurance MVPs.

Schiavoni, a partner in O'Melveny's New York office, represented Century Indemnity Co. and other insurers in connection with the bankruptcy of Thorpe Insulation Co., a company that faced substantial asbestos-related claims. A bankruptcy court had determined that Schiavoni's clients lacked standing to challenge...
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