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Alec Covington Partner

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Charlotte T +1 704 343 2349 F fax +1 704 444 8831
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Alec is a partner in the firm’s Commercial Litigation practice and has broad experience in complex litigation, with emphasis on financial services litigation, insurance coverage, and business torts. He is part of the NC insurance recovery practice at the firm, which is ranked by Chambers USA, and has been recognized as a commercial litigator in several national and statewide publications.

Alec has handled disputes at the trial and appellate level, including class actions, and is also experienced in arbitration before the American Arbitration Association and JAMS. His broad experience in business litigation includes high-stakes disputes involving mergers and acquisitions, business torts, and a variety of contractual claims.  The clients he represents span a wide range of industries and have included Fortune 100 companies, small and midsize businesses, individuals, and nonprofit institutions.

With respect to insurance coverage, Alec represents policyholders, exclusively, in litigation seeking recovery under various lines of insurance, including RWI, CGL, D&O, E&O / professional liability, property damage / business interruption, environmental / pollution, and others. He also represents clients in contractual indemnity, additional insured, and other related commercial insurance disputes.

In the financial services space, Alec represents financial institutions, private equity funds, and other clients in commercial disputes, consumer actions, and shareholder actions. He also supervises teams of attorneys across the country to manage lending disputes related to solar energy financing and auto-lending.

Experience

  • Representation of global logistics company in pursuing recovery from four different insurers as additional insured under CGL/umbrella policies worth over $30 million as well as from subcontractors for indemnity claims. Obtained favorable settlement from all defendants.
  • Representation of lender pursuing $20 million in coverage under representation & warranty insurance coverage against insurer related to representations and warranties made in M&A deal. Obtained recovery for client following AAA evidentiary hearing.
  • Defense of anesthesiology practice for largest health care provider in Carolinas against non-compete, unfair trade practices, and anti-competition claims brought by public company related to $100 million anesthesiology contract. Obtained dismissal of action.
  • Part of trial team in multimillion dollar fraud case in the Southern District of New York arising out of challenges to representations and warranties in M&A deal. Obtained favorable ruling for client.
  • Represented one of the nation’s top condiment manufacturers in litigation over ownership of the company flagship brand in the Western District of North Carolina. On eve of trial achieved favorable settlement resulting in a consent judgement and permanent injunction entered against the other side.
  • Representation of multiple clients in connection with claims for insurance coverage in complex disputes with insurers. Experience includes handling all phases of complex litigation and trying cases in state and federal court and before arbitral panels.
  • Representation of real estate investment company in AAA arbitration related to contract dispute. Resolved entirely in client’s favor.
  • Representation of a large financial institution in UCC and tort litigation brought by former customer, alleging millions in damages. Settled favorably for client.
  • Representation of a large financial institution in lawsuit alleging millions in damages for credit reporting violations. Prevailed in several motions before obtaining favorable settlement.
  • Representation of a large financial institution in litigation arising from an insurance fraud scheme perpetrated by bank customers.
  • Served as first-chair lawyer in bench trial where borrower alleged origination fraud counterclaims in an attempt to block a foreclosure action filed by Fortune 20 financial institution and obtained verdict in favor of client.
  • Representation of a large financial institution in a nationwide audit and investigation related to third party service providers and consumer protection compliance.
  • Representation of a building materials and supply company in numerous litigations brought by subcontractors.
  • Representation of multiple small businesses in shareholder and fiduciary litigation.

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