Edward E. Wallace is a trial lawyer and member of BILL DANIELS | LAW OFFICES, where his practice focuses on complex litigation, disability insurance and qui tam.
Mr. Wallace began his legal career in San Francisco working for several small firms. He moved to Los Angeles to join the firm of Grace, Neumeyer & Otto where he specialized in products liability actions representing Nissan and General Motors, as well as other product manufacturers. Mr. Wallace joined Sedgwick, Detert & Arnold in Los Angeles and continued his work representing major corporations and insurance carriers in complicated products liability and personal injury actions, as well as insurance coverage matters.
Mr. Wallace joined the firm of Wilner Klein & Siegel (now Wilner Klein) in 1987 and became a shareholder in 1990. Mr. Wallace handled business litigation, insurance bad faith, personal injury, products liability; environmental contamination, attorney malpractice,ÃÂ ÃÂ and professional liability involving real estate agents and insurance agents. Mr. Wallace left Wilner Klein and April 2005 to become a partner in Bereny & Wallace.ÃÂ He joined BILL DANIELS | LAW OFFICES in April 2009.
Selected Verdicts and Settlements:
Represented Tosco Corporation against New Hampshire Ins. Company in a bad faith action for failure to provide defense or indemnity for Tosco as an additional insured. The court granted summary adjudication holding that the insurance company had a duty to defend and indemnify Tosco in the underlying action. In the subsequent bad faith trial the jury awarded $450,000 in compensatory damages and $18,200,000 in punitive damages. (The punitive damage award was subsequently reduced by the trial judge to $4,550,000.)
Represented a vendor in a fraud and breach of contract action against a major oil company which exercised an option to terminate a multi-year contract after only nine months. Settlement was $2,500,000.
Represented an attorney in a legal malpractice action seeking over $1,000,000 in carnages. Alter a three week jury trial defendant's motion for a directed verdict was granted at the conclusion of the evidence.
Represented a plaintiff in an action arising from the puncture of an underground storage tank at a service station, resulting in extensive soil contamination. Settlement was $800,000.
Represented multiple individual plaintiffs asserting fraud in the sale of Universal Life Insurance policies. Settlements were over $1,000,000 in total.