H. Neal Conolly
Of CounselDownload VCard Print This Profile
Phone: (518) 447-3301
Fax: (518) 426-4260
677 Broadway, P.O. Box 459
Albany, New York 12201-0459
Henry "Neal" Conolly joined the firm in 2007. Mr. Conolly's areas of concentration are corporate litigation and insurance transactions and insolvency, reinsurance, insurance carrier runoff, litigation and insurance management organization issues, and insurance company rehabilitation.
Mr. Conolly's experience includes being General Counsel for 17 years for Sofco-Mead, Inc. and being involved with the insurance industry. He was an AAA Commercial Arbitrator, an administrator for Frontier Insurance Company in Rehabilitation, and was CEO and executive director over the New York State Insurance Fund. He was retained to study and report regarding the California State Insurance Compensation Fund and the North Dakota WSI state insurance fund. He also served as an insurance company rehabilitation manager and counsel.
Mr. Conolly is admitted to practice law in Maryland (1978), New York (1979), and Florida (1980).
Education
J.D., Albany Law School of Union University, 1978
B.A., Colby College, 1974
Jurisdictions Admitted to Practice
State of Maryland, 1978State of New York, 1979
State of Florida, 1980
Professional Associations and Community Involvement
American Compensation Insurance Professionals (AmComp)
Charter board member, 2000 to present
Berkshire Telephone Company
Member of the Board of Directors, 1992 to 2005
Columbia County New York Historical Society
President, 1995 to 1997
International Association of Insurance Receivers (IAIR)
International Reinsurance Arbitration Society (ARIAS)
Significant Cases
- Mills v Everest, 410 F.Supp.2d 243, No. 05 Civ.8928 CM. [SDNY White Plains, Hon. Colleen McMahon] Jan. 23, 2006. Mr. Conolly, as special counsel, successfully argued that the Court should sustain fraudulent conveyance allegations made under state law in the US District Court in a $35 million complaint. The action had been filed by the Court appointed Rehabilitator of an insolvent insurance carrier. The case involves issues of solvency and accounting treatment under FASB for a finite reinsurance contract.
- Galli v. Metz, 973 F.2d 145 (2d Cir. 1992).
Mr. Conolly as trial and appeals counsel obtained the affirmance of a sellers' trial judgment for more than $2.2 million in the US Court of Appeals, Second Circuit. The decision is often cited with respect to the issue of post contract waiver of contractual indemnities made by a seller, in this case in the sale of a petroleum distribution business, under NY contract common law.
Lecturer/Panelist
- Speaker, New York State Bar Association
- Discovery Issues in Complex Litigation
- Issues in Rehabilitation and Liquidation
- Relationship of Insurance Entities to Outside Counsel
- Speaker and panelist, AMCOMP
- Workers' Compensation in Rehabilitation and Liquidation
- National Issues in Workers' Compensation
- Changes in Attorney Compensation
- Speaker, National Counsel of Insurance Guaranty Funds
- Recent Developments in Case Law Regarding Rehabilitation
- Speaker and panelist, South Carolina Captive Association
- Issues Facing Captives and RRGs re Insolvency
- Commutation Basics and Issues
Awards
- AmComp Workers' Compensation Professionals Outstanding Professional Award, 2007
- Honoree, New York Claims Association for Service to New York Insurance Industry, 2005
- Martindale Hubble's "AV" rating, 1988