Nixon Peabody LLP
Karl Belgum is an experienced business litigator with a track record of successfully representing clients in complex, high-stakes lawsuits.
What do you focus on?
As a litigation veteran with over 30 years of experience, I have enjoyed working with business clients on a wide variety of matters including securities, corporate governance, false claims, antitrust and intellectual property, as plaintiff and defendant. More recently I have been involved in matters involving privacy and data security, including the Telephone Consumer Protection Act (TCPA).
For corporate entities and their boards, I focus on fiduciary duty issues as well as defending or prosecuting claims against corporate advisors. Recent matters include representing a shareholder in a dispute with the corporate issuer over share transfer restrictions and an ERISA claim brought by a retired executive who challenged the ESOP trustees’ valuation of the company.
I have also had extensive experience in matters relating to the insurance industry. I have represented conservators and funding entities in litigation arising from insurer insolvency. Representative matters include prosecuting litigation on behalf of self-insurance guarantee organizations against members who fail to pay their claims, and actions for breach of fiduciary duty and professional negligence against directors, officers, attorneys and actuaries who advise insurers or self-insurers. Clients have included the California Insurance Commissioner and the California Self-Insurers’ Security Fund. Another example in the insurance industry involved pursuing claims for restitution and unjust enrichment in connection with the sale of corporate bonds based on misrepresentations made to the Insurance Commissioner as conservator of an insolvent insurer. My work with the insurance industry has exposed me to legal and professional issues involving the management of insurers and self-insurers, regulatory issues, claims handling, underwriting, actuarial science and reinsurance.
I have also participated in patent litigation, focusing on the issue of patent damages and the issues that arise from multi-level patent licensing schemes.