Presenting with experts from three states suffering from natural and unnatural disasters, Adam Leitman Bailey lectured to a full audience at the American College of Real Estate Lawyers’ Fall Annual Meeting in New Orleans on preventing casualties when catastrophic events and natural disasters occur. The talk, “Surviving the Apocalypse: Tales from Lawyers on the Front Lines of Catastrophic Losses,” looked at real experiences from lawyers who worked closely with clients faced with the aftermaths of such events. The panelists discussed best practices and lessons learned, practical tips about preparations and documents, and valuable advice on insurance coverage and claims.
Mr. Bailey discussed how New York has progressed building to withstand the next casualty as well as discussing the state of the law from building requirements to a duty to protect against a potential attack as well as the proper insurances to order including newer national insurances and the necessary requirements for replacement cash policies, private flood insurance, preparing for the attack and other critical issues ever practitioner must know to protect its clients.
Mr. Bailey also co-authored a 25-page paper on the topic, addressing what building developers and lawyers can do to prepare their buildings and towns so when a disaster occurs, there can be better preparations, fewer damages and deaths, and stronger rebuilding after such devastating loss.