Greenspoon Marder Assists Client To Avoid $6.18M Assessment by State of Connecticut

Uncategorized Dec 14, 2020 Fort Lauderdale, FL

Fort Lauderdale, Fla., December 14, 2020 – Starting with just three days to preserve the client’s court challenge, Greenspoon Marder’s Litigation team was able to convince the state of Connecticut’s Department of Insurance to withdraw a $6.18M assessment against our client, a multinational corporation that provides information technology, consulting and business process services. The state of Connecticut assesses most companies that provide health insurance or services to health insurance companies to Connecticut residents for the costs of a state vaccination program. The company provided their services to a major health insurer, and so was obligated to report to the state.

By reporting the number of individuals it served, the client duplicated the reporting of the health insurer, so that when the state assessed the client, it duplicated the assessment already made to the health insurer. With the assistance of a forensic accountant, the Greenspoon Marder team was able to demonstrate that the only health services the client provided were to the health insurer’s customers and validate that the same numbers had unintentionally been reported by both companies. The agency agreed with the examiner’s findings detailing the correlation between the numbers reported, and entered into a settlement agreement setting aside the assessment and crediting the $6.18M invoice received, a favorable result for the client.

The Greenspoon Marder team was spearheaded by partners Richard Epstein and Robby Birnbaum with assistance of Julia Stepanova, David Schnobrick, and Matthew Rapkowski.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 225 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has maintained a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

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This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

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Greenspoon Marder Assists Client To Avoid $6.18M Assessment by State of Connecticut

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