Charles Scibetta

For 25 years, Charlie Scibetta has represented sophisticated businesses in high stakes commercial litigation and arbitration. He practices across industries, and has represented banks, hedge funds, REITs, pharmaceutical companies, media companies, and other businesses in a wide variety of contract and business tort cases.

Charlie has a particular concentration in insurance and reinsurance litigation and arbitration. He handles high-severity coverage disputes across business lines. His recent cases include a two-week, nine-figure arbitration over business interruption coverage; a three-week, nine-figure arbitration over complex products liability coverage; and ongoing multi-party/multi-state litigations and arbitrations over various products, toxic tort, and environmental exposures. Several of Charlie’s cases involve Bermuda Form or similar policies governed by New York law with arbitration venued outside the US.

Charlie has extensive experience representing clients in both insurance and general commercial disputes arising out of financial crises including the Russian Financial Crisis, September 11, Lehman, Enron, Madoff, and Subprime. He has helped clients with the myriad issues that can arise in crises, including agency disputes between MGAs, MGUs, brokers, underwriters and their principals; securities disputes; complex valuation issues triggered in illiquid markets and declining economies (business interruption and lost profits, collateral disputes, etc.); and rescission based on fraud or misrepresentations revealed in downturns.

• Insurance/Arbitration. Following a 2-week arbitration, won an award in a $100 million-plus property damage and business interruption dispute.
• Insurance/Arbitration. Following a 1-day hearing, won a $20 million dispute over coverage for liability for malicious prosecution claims under a municipal liability policy.
• Insurance/Arbitration. Following a 3-week plenary hearing, successfully settled a 9-figure claim for products liability coverage prior to decision.
• Insurance/Litigation. Following multiple weeks of mediation, successfully settled 9-figure claim for products liability coverage arising out of allegations of failure of an industrial product.
• Insurance/Arbitration and Litigation. Currently handling multiple claim disputes in court and arbitration. Amounts in dispute range up to several hundred million USD.
• General Commercial/Litigation. Defended multi-national media company in claims alleging breach of contract, theft of trade secrets.
• Financial Services/Litigation. Defended Madoff feeder fund and one of its individual directors in state and federal contract, securities, and business tort litigation.
• Financial Services/Litigation. Helped hedge fund recover millions of dollars held up in Lehman estate.
• Financial Services/Litigation. Represented foreign regulator in connection with multi-million fraud claims in the US.
• General Commercial/Arbitration. Won $100 million dispute on behalf of pharmaceutical company in dispute over co-development agreement.

• Chaffetz Lindsey’s NY Commercial Litigation Report.
• Chaffetz Lindsey’s Insurance/Reinsurance Report.
• The Last Word: State High Court Decisions on Number of Occurrences (February 2018).

• International Association of Defense Counsel
• DRI – The Voice of the Defense Bar
• AIDA Reinsurance and Insurance Arbitration Society
• American Bar Association
• New York State Bar Association
• International Bar Association