Legatis, with capital backing from Obra Capital, acquires corporate legacy assets and risks (usually non-core or discontinued operations) and manages the claims, litigation and associated insurance asset recovery, delivering finality for our transaction partners.
The Legatis team has over 50 years’ experience resolving toxic tort and environmental claims, insurance coverage disputes and forecasting future legacy liabilities. The team uses their expertise to design and execute solutions for private and public companies seeking to permanently remove toxic tort and legacy liabilities from their balance sheets without the hassle, cost and uncertainty of bankruptcy.
Led by a former investment banker and legacy insurance leaders and partnering with Obra Capital’s investment management team, Legatis is uniquely qualified to acquire and manage corporate legacy tort liabilities and secure insurance recoveries, providing acquisition partners with finality and relief from legacy liability burdens.
With decades of experience working at premier legacy liability insurance claims handling entities and with an institutional grade investor, Legatis is a partner that can deliver you finality. We believe we have the transactional and operational expertise to customize a solution for various scenarios, including complicated ones.
· Resolved over $1B insurance coverage disputes
· Over 20 years of actuarial and claims projection experience
· 100,000+ claims managed across the US and Canada
Asbestos, silica, and talc liabilities
Coal dust, PFAS and other toxic tort claims
Environmental liabilities
Insurance coverage disputes and litigation – especially under pre-1986 policies
Insurance run-off and claims administration
Actuarial and insurance recovery modeling
To team up with Legatis and learn more about how we can help propel you forward without legacy liabilities, please get in touch with us.
