Ewing, NJ – Today, after years of claims, counterclaims, motions, depositions and cross-continent traveling, Borden Perlman settled the longstanding, unsubstantiated business disputes with Orchestrate HR Inc.
“Today, we chose to make a business decision in the best interest of our employees, our clients and our organization, which is to settle a frivolous lawsuit that has been active for nearly four years,” said Jeff Perlman, Managing Partner of Borden Perlman. “This lawsuit was an attempt to distract our organization from providing high-quality service to our clients and we are thankful to have it behind us,” said Perlman. “It’s unfortunate that Borden Perlman was targeted and attacked for attracting the best and brightest minds in the insurance industry, but we will continue to do so to be able to provide the expertise and service our clients deserve.”
The lawsuit arose from allegations that a former Orchestrate employee violated their non-compete agreement by going to work for Borden Perlman. Prior to the settlement, in 2016, Borden Perlman won a lawsuit against their insurance provider, Utica, who originally denied coverage for the lawsuit. The New Jersey Appellate Division concluded that Utica had a duty to defend Borden Perlman. As a result, Borden Perlman received over $500,000 in reimbursed costs from Utica.
“After our employees suffered from gratuitous ‘bullying tactics’ of opposing counsel, we felt the right decision was to end this case once and for all,” said Doug Borden, President of Borden Perlman. “It’s a harsh reality that the world we live in results in lawsuits being filed first and questions being asked later. Borden Perlman did not do anything wrong and allegations to the contrary are wholly inaccurate,” said Borden. “We want to thank our clients for their continued support through this process and with our decision to move on from this lawsuit.”
Further information regarding the lawsuit and it’s many precedential changes on the law can be found here and here.
Founded in 1915, Borden Perlman is a fourth-generation risk management and insurance advisory firm with regional focus and national reach. Their risk advisors create security for clients by identifying potential vulnerabilities to loss, providing a comprehensive plan to protect clients’ assets, and acting as tireless advocates for recovery if loss occurs. Forward thinking and proactive, Borden Perlman employs a personal approach with each client, providing expert guidance based on extensive industry knowledge and as trusted partners in a changing market place.