LEGAL UPDATES

New York Law Journal Highlights Recent Q&S Court Decision

NEW YORK, April 8, 2005 – Quadrino Schwartz obtained an important decision in one of the three class actions spearheaded by Quadrino Schwartz. The decision was recently featured on the front page of the New York Law Journal (3/28/2005).

The article highlights the recent decision as a “Decision of Interest” and includes the full text version of the decision.

In this class action, Quadrino Schwartz is pursuing a reassessment of all claims denied or terminated by UnumProvident under insurance policies issued by any of the following: New York Life, John Hancock Life, The Equitable, National Life of Vermont, General American Life, and others. These other companies hired UnumProvident to administer their entire book of disability claims and, subsequently, make those claims decisions.

 UnumProvident used the same illegal claims practices in denying and terminating these claims as they did with their own claims as issued by Paul Revere, UnumProvident, and Unum.