Lilit Asadourian leads high-stakes financial services and insurance recovery cases for major institutions and Fortune 500 companies nationwide. Her unique blend of private practice and in-house experience equips her to navigate complex disputes with exactitude, combining her client’s business objectives with strategic legal tactics that frequently achieve optimal results.
Drawing on her experience in insurance coverage and commercial litigation, Lilit offers expertise that translates into tangible benefits for her clients. She fights for their interests in court and provides risk management and insurance counseling that can be invaluable. She helps corporations maximize their insurance assets and navigate the potential pitfalls of today's commercial landscape.
I approach each case holistically, combining legal strategy with business insight to deliver solutions that truly serve each client's needs."
Experience
- Represented a construction company in litigation seeking insurance coverage under fiduciary liability and employee benefits policies, for claim arising out of controller's mishandling of employee benefit enrollments; obtained 9th Circuit reversal in favor of the insured, finding that policies broad enough to trigger coverage
- Represented various mortgage lenders in RMBS loan repurchase and indemnification claims in the ResCap and Lehman Bros. bankruptcies, and obtained summary judgment capping the bankruptcy estates' damages claims
Credentials
Education
- University of California, B.A., political science, 1996, cum laude
- UCLA School of Law, J.D., 2000
Bar Admissions
- California
Court Admissions
- U.S. District Court for the Central District of California
- U.S. District Court for the Southern District of California
- U.S. Court of Appeals for the Ninth Circuit
- U.S. District Court for the Northern District of California
- U.S. Court of Appeals for the Second Circuit