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John R. Riddle

Member
Office

Dallas

901 Main Street
Suite 6000
Dallas, TX 75202
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Fax: 214.659.4038
Education
J.D., cum laude, Baylor Law School, Baylor University, Waco, Texas, 1981
B.A., magna cum laude, Louisiana State University-Shreveport, Shreveport, Louisiana, 1978
State Bar Licenses
Texas
Court Admissions
U.S. District Ct., E.D. of Texas
U.S. District Ct., N.D. of Texas
U.S. District Ct., S.D. of Texas
U.S. District Ct., W.D. of Texas
U.S. Court of Appeals, 3rd Circuit
U.S. Court of Appeals, 5th Circuit
U.S. Court of Appeals, 6th Circuit
U.S. Court of Federal Claims

John R. Riddle

Member

John R. Riddle represents insurers in complex coverage matters, including those involving financial institution bonds, commercial crime policies, D&O policies, and commercial general liability policies, during both the claim assessment stage and in coverage litigation that may arise from the claim.

John represents insurance agents and stockbrokers in lawsuits and in FINRA arbitrations. He also represents parties in commercial litigation matters. John has extensive trial experience in state and federal courts.

EXPERIENCE

  • Represented an insurer on claims brought by financial services firm under a Blanket Fidelity Bond for Securities Dealers; obtained summary judgment for the insurer: Wilbanks Secs., Inc. v. National Union Fire Ins. Co., 2018 U.S. Dist. LEXIS 19278 (W.D. Okla., Feb. 2, 2018).
  • Represented an insurer on claims and in related coverage litigation in New York involving claims by victims of the Bernie Madoff Ponzi scheme; obtained judgment for the insurer on coverage issues and bad faith claim: United States Fire Ins. Co. v Nine Thirty FEF Invs., LLC, 132 A.D.3d 413 (N.Y. App. Div. 2015).
  • Represented an insurer on claim and in related coverage litigation by Taylor, Bean & Whitaker Mortgage Corp. in Florida for alleged losses arising out of fraudulent scheme involving Lee Farkas; obtained summary judgment against the policyholder: Certain Underwriters at Lloyd’s v. Taylor, Bean & Whitaker Mortg. Corp. (In re Taylor, Bean & Whitaker Mortg. Corp.), 2015 Bankr. LEXIS 624 (M.D. Fla. Feb. 19, 2015).
  • Represented insurers on claim and in related coverage litigation in Minnesota involving multi-million dollar Louis Pearlman bank fraud scheme; obtained summary judgment against numerous banks, which was affirmed by the Minnesota Court of Appeals: Alerus Financial N.A. v. St. Paul Mercury Ins. Co., No. A11-680, 2012 Minn. App. Unpub. LEXIS 100 (Minn. App. Jan. 30, 2012), review denied, 2012 Minn. LEXIS 157 (Minn. April 17, 2012).
  • Represented insurers in several coverage lawsuits involving claims for computer fraud, forgery, and funds transfer fraud coverage.
  • Represented an excess insurer on claim and in related coverage litigation by Enron Corp. in Texas for alleged losses relating to transactions with former Enron CFO Andrew Fastow.
  • Represented insurers in several coverage lawsuits involving claims for employee dishonesty or for employee theft.
  • Represented an excess insurer on claim and in related coverage lawsuits in federal and state courts in Tennessee involving a massive Ponzi scheme using fraudulent mortgage loans; obtained summary judgments which were affirmed by Sixth Circuit and by Tennessee Court of Appeals: Union Planters Bank, N.A. v. Continental Cas. Co., 478 F.3d 759 (6th Cir. 2007); Regions Fin. Corp. v. Marsh USA, Inc., 310 S.W.3d 382 (Tenn. Ct. App. 2008).
  • Represented an insurer in coverage litigation in California involving commercial general liability policy involving identity theft and Ponzi scheme; obtained summary judgment on both duty to defend and duty to indemnify, which was affirmed by the court of appeals. Relief granted included judgment in favor of the insurer for several million dollars of defense costs previously advanced under a reservation of rights. Affirmed by California Court of Appeals: Chicago Title Ins. Co. v. St. Paul Mercury Ins. Co., No. B221489 (Cal. App. 2011).
  • Represented an insurance agent in litigation in Texas involving entitlement to life insurance proceeds and claim for damages; obtained summary judgment which was affirmed by the Fort Worth Court of Appeals: Allen v. United of Omaha Life Ins. Co., 236 S.W.3d 315 (Tex. App. Forth Worth 2007, pet. denied).
  • Represented an insurer on claim and in subsequent coverage litigation involving technology errors and omissions policy; obtained summary judgment which was affirmed by Fifth Circuit: SingleEntry.com, Inc. v. St. Paul Fire & Marine Ins. Co., 330 F. Supp. 2d 827 (W.D. Tex. 2003), aff'd, 117 Fed. Appx. 933 (5th Cir. 2004).
  • Represented a D&O insurer in connection with claims by the FDIC, by ERISA claimants, and by the Department of Justice arising out of the failure of a large bank in Florida.
  • Represented a D&O insurer in connection with claims arising out of the failure of a charitable organization in Texas.
  • Represented an insurer on claims arising out of major mortgage fraud scheme in Virginia.
  • Represented insurers on claims and in related coverage litigation arising out of numerous fraudulent loans by officers at two different banks in Georgia.
  • Represented an insurer on claims arising out of major bond fraud scheme in Arkansas.
  • Represented an insurer on claim and in related coverage litigation arising out of numerous fraudulent loans by loan officer in New York at a major international bank.
  • Represented numerous life insurance companies and agents in several lawsuits in Texas involving sale of life insurance related to alleged abusive tax shelter schemes.
  • Represented a former president of a privately-owned corporation in lawsuit in Texas by shareholders alleging fraud in connection with a promised tender offer.

Presentations

  • Whose Law Is It Anyway? Choice of Law Issues in Insurance Coverage Litigation, Gulfcoast Fidelity & Surety Institute Annual Program (June 2016)
  • If It's A Tie, You Lose - The Limits of the Contra Proferentem Doctrine in Construing Insurance Policies, Gulfcoast Fidelity & Surety Institute Annual Program (June 2015)
  • Mock Trial Participant, ABA Fidelity & Surety Law Committee Mid-Winter Meeting (January 2014)
  • Coverage Issues Presented by Loan Participations and Sales of Loans, Gulfcoast Fidelity & Surety Institute Annual Program (May 2013)
  • Defense Cost Coverage Under Financial Institution Bonds and the Interplay between Fidelity Bonds and D&O and E&O Policies, Surety & Fidelity Claims Institute Annual Meeting (June 2011)
  • It's Not Supposed to Be That Way: Use of Reformation or Rules of Construction to Correct Mistakes in an Insurance Policy, Surety & Fidelity Claims Institute Annual Meeting (June 2010)
  • It's Not Supposed to Be That Way: Use of Reformation or Rules of Construction to Correct Mistakes in an Insurance Policy, Gulfcoast Fidelity & Surety Institute Annual Program (June 2010)
  • Corporate Governance: The Board of Directors and Fidelity Claims, ABA Fidelity & Surety Law Committee Fall Meeting (October 2009)

Publications

  • Dishonest Acts of the Insured as a Defense to Coverage Under a Commercial Crime Policy, Fidelity & Surety Law Committee
  • The Role of the Director in a Fidelity Claim, Fidelity & Surety Law Committee 
Memberships
American Bar Association, Tort Trial & Insurance Practice Section - Fidelity & Surety Law Committee, Vice-Chair, Tort Trial & Insurance Practice Section - Excess, Surplus Lines
Reinsurance Committee
Practice Areas
Fidelity & SuretyLitigation
Industries
Insurance