Firm News & Legal Alerts

Tuesday, October 22, 2019

October 3, 2019 - Seth A. Nadel, Esq. gave a presentation at the monthly meeting of the Nassau County Bar Association, Hospital & Health Law Committee

On October 3, 2019, Seth A. Nadel, Esq. gave a presentation at the monthly meeting of the Nassau County Bar Association, Hospital & Health Law Committee, regarding ongoing disputes between physicians and their former employers over funds generated in connection with the sale and demutualization of Medical Liability Mutual Insurance Company (“MLMIC”). At the presentation, Seth A. Nadel, Esq. along with Leonard Rosenberg, Esq. of Garfunkel Wild, discussed ongoing cases, relevant decisions, the laws pertaining to the demutualization and sale of MLMIC, and the possible future of the dispute as it winds its way through the New York court system. As Weiss Zarett has represented numerous physicians in MLMIC disputes, Seth A. Nadel, Esq. provided the legal arguments from the policyholder-physician’s perspective, while Mr. Rosenberg provided the arguments from the perspective of an employer. Ultimately, it is anticipated that this issue will end up in the Court of Appeals before either side can receive a definitive statement as to which party is entitled to the money: the physicians who owned the policies or the employers who paid for and/or managed the policies.


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