James J. Black, III concentrates his practice in complex litigation and transactional matters involving insurance, reinsurance, finance, and regulatory relationships. His decades of diverse trial experience include the representation of state regulators, insurance and reinsurance companies, receivers, corporations, directors and officers, banks, and individuals. Jim presently acts as Special Outside Counsel to several state insurance departments and is an appointed Special Deputy Receiver charged with the oversight of insurers in Rehabilitation and Liquidation. As Special Deputy Receiver, Jim’s responsibilities include marshalling and preserving the insurer’s assets, investigating the cause(s) of the insurer’s financial distress and developing plans to remedy the cause(s), interacting with individual state guaranty funds and their national organizations, policyholders, and other creditors.
As Special Outside Counsel, Jim focuses on solvency, captives and alternative risk vehicles, holding company transactions, and related financial and regulatory issues. He is experienced in investigations involving complex frauds and the resulting coordination with international, federal, and state law enforcement.
Jim holds an “AV” peer reviewed rating by Martindale-Hubbell, the highest rating in legal ability and professional ethics that a lawyer can achieve. Jim is a designated “SuperLawyer” based on a vote of his peers. He is the recipient of several Pennsylvania and New Jersey recognitions afforded to the most accomplished attorneys including Best Lawyers in Pennsylvania and Best Lawyers in New Jersey. Jim is known in the litigation community for bringing exceptional strategic judgment and expertise to complex disputes to achieve superior client results while delivering uncommon value. He has achieved successful verdicts and settlements in dozens of state and federal jurisdictions.
In the non-litigation area, Jim frequently represents clients, both nationally and internationally, in strategic negotiations and transactions. He also serves as an arbitrator of complex commercial and coverage disputes including on behalf of the International Chamber of Commerce. He has served as an expert witness in the fields of insurance regulation, insurance policy disputes and contract interpretation including in multinational disputes.
Jim is frequently asked to lecture on his litigation activities and has made presentations to The National Association of Insurance Commissioners, The National Organization of Life & Health Guaranty Associations, ARIAS-US, The Society of Financial Examiners, The Insurance Regulatory Examiners Society, The Delaware Insurance Department, The Florida Bar Association, The New Jersey Bar Association and the International Association of Insurance Receivers. He has also served as a lecturer at the New Jersey Institute for Continuing Legal Education and as lecturer to state insurance examiners and analysts. Jim has previously served as counsel to the Pennsylvania Insurance Department Transition Team. He regularly serves as a Judge Pro Tempore for the Philadelphia County Court of Common Pleas. In 2009, the Pennsylvania Senate confirmed the Governor of Pennsylvania’s appointment of Jim as a member of the Board of the Pennsylvania Industrial Development Authority where he has continued to serve at the behest of four successive governors.
Jim serves on the Board of Directors of several business entities. He is a member of the Audit Committee of the International Association of Insurance Receivers.
Jim is an active participant in community affairs which have included as coach of youth sports for over twenty-years, coach of a high school mock trial team and as a regular presenter in the Free Library of Philadelphia Speaker Series for Senior Adults. He volunteers in several parish and charitable organizations. A life-long golfer, Jim serves on the Executive Committee of the Golf Association of Philadelphia.
Distinctions
- Holds an “AV” peer reviewed rating by Martindale-Hubbell
- A designated “SuperLawyer” peer rating from Thompson Reuters
- Recipient of multiple recognitions including Best Lawyers in Pennsylvania and Best Lawyers in New Jersey.
Bar Admissions
- Admitted to practice in the Supreme Court of the United States, Supreme Court of Pennsylvania, Supreme Court of New Jersey, United States Court of Appeals for the Third Circuit, United States District Court for the Eastern District of Pennsylvania, United States District Court for the District of New Jersey, United States District Court for the District of Colorado, and United States Court of Federal Claims
- Admitted pro hac vice to the Delaware Supreme Court, the Delaware Chancery Court, the Delaware Superior Court, United States District Court for the District of Delaware, United States District Court for the Southern District of New York, the United States District Court for the Middle District of Florida, the State of New York Court of Appeals, the State of New York Supreme Court, Appellate Division Third Judicial Department, the State of New York Supreme Court, Ninth Judicial District Rockland County, the Ninth Judicial and the Circuit Court, Orange County, Florida
Education
- Villanova University, J.D., 1984
Moot Court Board - St. Joseph’s University, B.S., 1981 cum laude