Robert B. Budelman, Jr.'s practice emphasizes insurance litigation related to banking and securities. He counsels insurers on drafting policies covering fidelity matters, errors and omissions, commercial and computer crime, international telecommunications, electronic securities and unauthorized trading.
Robert B. Budelman, Jr.'s practice emphasizes insurance litigation related to banking and securities. He counsels insurers on drafting policies covering fidelity matters, errors and omissions, commercial and computer crime, international telecommunications, electronic securities and unauthorized trading.
Litigation Matters
Throughout the course of his career, Mr. Budelman has represented clients on many noteworthy national and international matters. Among these have been the Pinkus accounts receivable fraud in Switzerland; the sewer safe-deposit break-ins in Nice and Paris, France; the Republic of Columbia telecommunications fraud; and the Kidder Peabody/Siegel/Boesky securities fraud. He obtained the dismissal of all claims against insurers arising out of a loss of over $400 million in the Drexel/Milken/Levine security fraud cases. He administered a nationwide program for handling claims made by the Federal Deposit Insurance Corporation and the Resolution Trust Corporation against insurers in connection with the savings and loan crisis.
Memberships & Honors
Mr. Budelman is a member of the New York and New Jersey State Bar Associations, the English Law Society and the Tort and Insurance Practice Section of the Fidelity and Surety Law Committee of the American Bar Association. He has served as Deputy Mayor and Police Commissioner of Washington Township, Bergen County, New Jersey, and was a trustee of Fairleigh Dickinson University in New Jersey. Mr. Budelman is a founding member and the president of the International Catholic Lawyers Society, an association of Catholic judges, lawyers and law professors worldwide established in Washington, D.C.
While attending law school, Mr. Budelman was a member of U.S. Senator Clifford P. Case's staff, and following graduation he served as law secretary to the Honorable Alexander P. Waugh, Assignment Judge for the Superior Court of New Jersey, Essex County, New Jersey.