Elizabeth B. Sandza Partner

     

Contact

   

Elizabeth Sandza counsels boards of directors of for-profit and non-profit corporations. A former Delaware Deputy Attorney General, she also has extensive experience representing corporate clients in government investigations and in complex business litigation. Betsy has defended her clients in class actions, fraud and RICO cases, and injunctive actions, as well as in high-value disputes with their business partners. She appears regularly in state and federal trial courts and before federal multidistrict panels, as well as in bankruptcy, liquidation and appellate courts. She is co-chair of the firm’s Class Action practice.

Betsy is appreciated for her calm and practical approach to clients' problems, and even their alleged wrongdoing. With a career’s worth of experience defending clients against a wide variety of serious charges under the most complicated circumstances, she has the ability to see the big picture and learn the details, while allowing her clients to focus on their business.

International Involvement
Betsy is corporate secretary and counsel to the board of directors of the Southern Africa Enterprise Development Fund, a $100 million equity fund created by the U.S. government that invests in small and medium-sized companies in eleven Sub-Saharan countries. In addition, she serves on the Advisory Board of the South Africa Washington Internship Program. 

Areas of Focus

Internal Investigations
Betsy has assisted clients in designing and implementing compliance and governance programs, conducting internal investigations and preparing comprehensive defense strategies in response to investigations by government regulators, state and federal prosecutors, and civil litigants.

International Business
Betsy counsels U.S. corporations on exposure under the Foreign Corrupt Practices Act, regulations of the Office of Foreign Assets Control (OFAC) and international banking anti-terrorism and money laundering regulations. She also has served as counsel to U.S. advocates for foreign governments under the U.S. Foreign Agents Registration Act (FARA). In addition, Betsy advises U.S. companies doing business in Africa on U.S. regulations applicable to foreign trade and transacting business abroad.

Insurance-Reinsurance
For 20 years, Betsy has represented excess insurers in bad faith and major complex insurance coverage cases involving liabilities for mass product failures, toxic torts, environmental cleanup and asbestos injuries. In addition, she has represented reinsurers and cedents in reinsurance arbitrations before industry tribunals. Betsy frequently counsels insurance companies on market conduct and regulatory compliance, and she has defended insurance companies in investigations by state insurance regulators and attorneys general. She was commissioned to write the current insurance code for the country of Uganda.

 

Representative Matters

Obtained dismissal of two consumer class actions against an automobile financing company for sending thousands of allegedly noncompliant repossession notices to customers.

Defended a class action brought by video copyright infringers against a law firm using Internet crawlers to protect the artist.

Assisted insurance and other companies in creating and implementing enhanced compliance and ethics programs in light of the amended U.S. sentencing guidelines and increased regulatory and legislative activity.

Succeeded in convincing a foreign bank to not close the account of a politically exposed person (PEP) due to international “Know Thy Customer” treaty standards

Represented a major insurer defendant in an Insurance Brokerage Antitrust Litigation case, a class action, and in parallel proceedings brought by 13 attorneys general against several insurers and major insurance brokers for price fixing.

Counseled insurance companies through internal investigations and in responding to subpoenas and government inquiries of finite risk insurance and reinsurance, contingent commission agreements, bid rigging, tying arrangements and other areas.

Litigated a corporate indemnity claim through the Delaware Chancery Court and twice up to the Delaware Supreme Court that established the three-year statute of limitations on officer and director indemnity claims and when the statute begins to run in the context of an abandoned SEC investigation.

Defended an excess insurance company in all of its coverage litigation with its policyholders over the past 20 years, in state and federal courts around the country, involving coverage for failed products, asbestos liabilities and environmental contamination.

Represented three Japanese reinsurance companies against their longtime managing general underwriter in a $2 billion accounting fraud case, in triple parallel proceedings in U.S. District Court, before a reinsurance arbitration tribunal and in U.S. Bankruptcy Court.

Represented a fiduciary trustee liability insurer against its managing general agent in injunctive proceedings in U.S. District Court to preserve a book of business that its agent was attempting to skim off to a competitor.