William "Bill" Goddard concentrates on insurance, reinsurance and insurance insolvency matters. His practice includes representing creditors, regulators and insurance companies in solving complex problems of financial distress; statutory interpretation; and coverage. Bill is also experienced in insurance mergers and acquisitions as well as Native American gaming.
Prior to attending law school, Bill was an investment banker at JP Morgan & Co. and at Marsh & McLennan Securities Corporation, focusing on mergers and acquisitions within the insurance industry. He also provided financial advice to companies experiencing financial distress. His representative transactions included the conservation of a national workers' compensation carrier, the sale of a specialty casualty insurance company in runoff, the restructuring of a specialty workers' compensation carrier and the purchase of a minority interest in an Internet employee benefits platform. Bill also co-founded, developed and sold a broadcasting company consisting of 19 radio stations located in New York and New England.
Bill is the author of several law journal articles on insurance regulation and insolvency. He co-teaches Insurance Litigation each year at the University of Connecticut School of Law.
Prior to entering practice, Bill served as a law clerk to the Hon. Jon O. Newman, United States Court of Appeals for the Second Circuit.
Represented ad hoc creditors' committees in the FGIC and Ambac insolvencies
Represented regulators in the ACA Financial Guaranty insolvency
Represented financial guarantor creditors in a very large Connecticut Native American gaming insolvency
Represented U.S. insurance company in simultaneous U.S. federal and state proceedings and a Bermuda insolvency proceeding involving reinsurance collateral
Regularly assist creditors in interpreting professional liability policies in bankruptcy situations
Advised a large life insurance company on the regulatory aspects of its acquisition of a California dental insurer
Assisted multiple clients with multi-state producer licensing matters
Assisted various clients with fidelity bond/crime insurance issues
Advised a major insurance carrier in a cross-border bankruptcy/insolvency proceeding
Recognized by IFLR1000 as a Rising Star in Restructuring and Insolvency, 2014
Recipient of the American Bankruptcy Institute Medal of Excellence, 2003
Recognized in law school with the William F. Starr Fellowship Award for obtaining the highest grade point average in his graduating class, 2004
Recipient of the Burton Award for Legal Achievement, 2004