New York Securities Fraud Lawyers
Law Firm Marketing
New York Securities Fraud Lawyers
With offices in Manhattan and Long Island, Conway & Conway has earned a long-standing reputation as a focused and highly-skilled law firm with deep roots in the financial services community. In fact, one of the firm's founders; Kevin P. Conway served as counsel to the New York Mercantile Exchange and as the Vice President of Compliance for regulatory oversight of exchange membership.
Successful Securities Arbitration Lawyers
This type of unique experience has enabled the firm to successfully advocate for investors and others in the resolution of investment-related disputes such as securities fraud.
Disputes Between Investors and Broker / Dealers
The lawyers at Conway & Conway concentrate on the arbitration and litigation of issues arising from the relationships between public investors and broker / dealers. Those disputes range from breach of the broker's fiduciary duties to trading beyond the customer's suitability standards.
Conway & Conway offers a team of committed legal professionals dedicated to ongoing research and education in order to stay on top of the current and ever changing legal and regulatory issues. The firm is responsive and large enough to handle numerous cases, yet small enough to provide personalized service.
Conway & Conway
1700 Broadway, Ste. 3100
New York, New York 10019
(212) 938-1080
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Workers’ Compensation Subrogation of Administrative Fees and Costs
When a worker covered by workers’ compensation makes a claim against a third party, the workers’ compensation insurance retains the right to subrogate against any recovery from that third party for all benefits paid to or on behalf of a claimant injured at work. When subrogating for more than basic medical and indemnity benefits, the Texas workers’ compensation subrogation statute provides that “the net amount recovered by a claimant in a third‑party action shall be used to reimburse the carrier for benefits, including medical benefits that have been paid for the compensable injury.” TX Labor Code § 417.002.
In fact, all 50 states provide for similar subrogation. However, none of them precisely outlines which payments or costs paid by a compensation carrier constitute “compensation” and can be recovered. The result is industry-wide confusion and an ongoing debate and argument with claimants’ attorneys over what can and can’t be included in a carrier’s lien for recovery purposes.
In addition to medical expenses, death benefits, funeral costs and/or indemnity benefits for lost wages and loss of earning capacity resulting from a compensable injury, workers’ compensation insurance carriers also expend considerable dollars for case management costs, medical bill audit fees, rehabilitation benefits, nurse case worker fees, and other similar fees. They also incur other expenses in conjunction with the handling and adjusting of workers’ compensation claims. Workers’ compensation carriers typically assert, of course, that, they are entitled to reimbursement for such expenditures when it recovers its workers’ compensation lien. Injured workers and their attorneys disagree.