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Michael Zierhut

Associate, Munich

Michael advises national and international clients on insurance law, as well as on disputes in and out of court.
Michael Zierhut 768x510

Experience


He is particularly active in the field of D&O insurance and advises insurance companies as well as managing directors, board members and other executives on all issues of internal and external liability as well as on questions regarding coverage by the insurer.

While completing his legal clerkship at the Higher Regional Court Munich, he worked primarily in the area of litigation and insurance law.

Recent Cases 


  • Monitoring Counsel for various national and international D&O insurers
    • Claim against two directors of a recycling company for EUR 2.3 million accused of having entered into uneconomical contracts
    • Claim against a managing director of an asset management company for EUR 2.2 million for alleged breach of duty in connection with the acquisition of a company
    • Claim against two managing directors of an e-commerce company for EUR 2.7 million for alleged delay in filing for bankruptcy
    • Claims against three managing directors of a medium-sized German company for EUR 4 million due to alleged delay in filing for bankruptcy
  • Defence Counsel for board members and managing directors in liability proceedings
    • Defending a board member of a health insurance company against claims totalling EUR 9.2 million for alleged breach of compliance regulations (failure to monitor sales staff for unlawful conduct)
    • Defending a board member of a health insurance company against a claim for EUR 1.6 million for alleged improper investment of the company's reserves
    • Defending the directors of a dental technology company against a claim for over EUR 200,000 brought by the liquidator for delay in filing for bankruptcy
  • Monitoring Counsel for insurer in the context of a POSI insurance policy following a claim by investors against a public limited company for breach of ad hoc obligations in excess of EUR 3 billion
  • Monitoring Counsel for insurer on 18 lawsuits from various jurisdictions across Germany and 34 demand letters for a total of 52 proceedings following a cyber-breach of the insured, a major social media company headquartered in Canada, affecting people worldwide.
  • Monitoring Counsel for insurer in handling a portfolio of 15 claims under a hospital liability insurance policy
  • Other general advice to insurers on coverage issues, advice on the drafting and optimisation of policy conditions and other issues in all possible lines of insurance (private health insurance, holiday home insurance, product liability insurance, general liability insurance, etc.)

 

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