Gustave Lipman, as Executor for the Estate of Ira Lipman v. Arthur J. Gallagher Risk Management Services, LLC

CourtDistrict Court, S.D. New York
DecidedSeptember 25, 2025
Docket1:24-cv-08656
StatusUnknown

This text of Gustave Lipman, as Executor for the Estate of Ira Lipman v. Arthur J. Gallagher Risk Management Services, LLC (Gustave Lipman, as Executor for the Estate of Ira Lipman v. Arthur J. Gallagher Risk Management Services, LLC) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Gustave Lipman, as Executor for the Estate of Ira Lipman v. Arthur J. Gallagher Risk Management Services, LLC, (S.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK 9/25/2025 GUSTAVE LIPMAN, as Executor for the Estate of Ira Lipman, 24-cv-8656 (MKV) Plaintiff, OPINION AND ORDER -against- DENYING IN PART AND ARTHUR J. GALLAGHER RISK GRANTING IN PART MANAGEMENT SERVICES, LLC, MOTION TO DISMISS Defendant. MARY KAY VYSKOCIL, United States District Judge: Plaintiff Gustave Lipman as Executor of the Estate of Ira Lipman (the “Estate”) brings this action against its longtime insurance broker Arthur J. Gallagher Risk Management Services, LLC (“Gallagher”), asserting multiple claims arising out of Gallagher’s alleged failure to secure an extension of insurance coverage requested by the Estate [ECF No. 14 (“AC”)]. Gallagher moves to dismiss all of the Estate’s claims [ECF No. 15]. For the reasons set forth below, the motion to dismiss is DENIED in part and GRANTED in part. I. BACKGROUND1 0F A. Facts Plaintiff Gustave Lipman as Executor of the Estate of Ira Lipman (the “Estate”) “owns a set of interconnected apartments on the 17th Floor of [t]he Sherry-Netherland building in New York City” (the “17th Floor” or the “Lipman Apartments”). AC ¶ 2; see id. ¶ 17. “On March 15, 2023, the 18th floor of the Sherry-Netherland exploded into flames.” AC ¶ 5. “The resulting fire 1 The facts are taken from the Amended Complaint [ECF No. 14 (“AC”)]. See Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009) (“[F]or the purposes of a motion to dismiss we must take all of the factual allegations in the complaint as true.”). and the attempts to contain it led to the collapse of the 17th floor ceiling, which meant that a flood of water, ash, and smoke flowed into the Lipman [Apartments], leading to significant damage.” AC ¶ 6. According to the Estate, there was no “active insurance on the Lipman Apartments” at the time because Defendant Arthur J. Gallagher Risk Management Services, LLC (“Gallagher”) had

“failed to arrange for [a] coverage extension” after the Estate had expressly instructed Gallagher to arrange for such coverage extension. AC ¶¶ 3, 4, 6. 1. The Parties’ Relationship As alleged in the Amended Complaint, prior to 2013, Ira Lipman, the Lipman family, and “affiliated entities” had “relied for many years on Andrew Marks of Bollinger Inc. for insurance brokerage services.” AC ¶ 20. In 2013, Gallagher acquired Bollinger Inc. and “absorbed [its] clients, including the Lipman family.” AC ¶ 20. “After this acquisition, Mr. Marks became the contact person at Gallagher,” Plaintiff’s “only” insurance broker. AC ¶¶ 19, 20. The Amended Complaint alleges that, “for more than a decade” since the acquisition, both before and after Ira Lipman’s death, “Gallagher has routinely acted on Plaintiff’s behalf to provide

its professional services in securing (and/or renewing) many kinds of insurance policies.” AC ¶ 21 & n.1. The Amended Complaint further alleges that “Gallagher’s services” have “included not just rote execution of a request for a specific policy, but also the provision of advice and guidance . . . as to what insurance policies were available, what policies would best suit the Lipman family’s (sometimes novel) circumstances, and how to best protect the Lipman family (and Plaintiff) with the available/possible insurance policies.” AC ¶ 22. The Amended Complaint specifically alleges, for example, that “Plaintiff has sought out Gallagher’s expertise to help find and acquire tens of millions of dollars in homeowners’ liability coverage for millions of dollars in high-end real estate in New York (including the Lipman Apartments), insurance coverage for a rare art collection,” and insurance in connection with “the Lipman family’s businesses.” AC ¶ 21. The Estate alleges that a “professional services agreement between the parties . . . formed at the start of [the] relationship” between Ira Lipman and Gallagher and has “renewed with every

successive invoice sent by Gallagher and paid by the Estate.” AC ¶ 23. The Estate alleges that, pursuant to this alleged agreement, “once Plaintiff indicated to Gallagher what insurance needs it had, Gallagher would act on Plaintiff’s behalf as an insurance broker, assess [Plaintiff’s] needs for insurance (including through direct instructions from Plaintiff),” and “work diligently to acquire the necessary and appropriate insurance coverage.” AC ¶ 23. The Estate further alleges that, pursuant to the parties’ alleged agreement, Gallagher would “earn a professional services fee (a broker’s fee) for [such] work.” AC ¶ 23. Indeed, the Estate expressly alleges that it “[t]ypically” pays Gallagher “invoice payment[s]” for “both the price of the desired insurance and Gallagher’s professional services/broker fee.” AC ¶ 24. 2. Prior Coverage for the Lipman Apartments

As alleged in the Amended Complaint, “Plaintiff began seeking Gallagher’s help in acquiring and maintaining appropriate insurance coverage” for the Lipman Apartments “starting around 2016.” AC ¶ 26. The Estate alleges that “[f]rom that point forward, Gallagher worked on Plaintiff’s behalf to maintain a set of annual insurance policies for the Lipman Apartments, with the goal of ensuring that coverage did not lapse.” AC ¶ 26. According to the Amend Complaint, every year from 2018 through 2022, “Gallagher extended coverage of the Lipman Apartments on behalf of the Estate” for one year and “sent the Estate four invoices” over the course of that year. AC ¶ 27. All such invoices “were paid in full.” AC ¶ 27. 3. Gallagher’s Alleged Failure To Obtain Requested Coverage As alleged in the Amended Complaint, “insurance policies that Gallagher [previously had] procured for the Lipman Apartments with AIG were set to expire on February 28, 2023.” AC ¶

30. Further, according to the Amended Complaint, “[a]cting on Plaintiff’s behalf, Gallagher was able to negotiate and secure a full one-year policy extension from AIG to begin on March 28, 2023.” AC ¶ 30. As such, the Estate alleges, it “realized that it needed to seek interim coverage for the one-month period between the expiration of the old AIG policy, and the beginning of the new AIG policy.” AC ¶ 31. According to the Amended Complaint, Gallagher “suggested—and began work to secure— a 30-day extension of the existing AIG policy” to “cover the time frame of February 28, 2023, until March 28, 2023,” (a “Desk Binder”). AC ¶ 32. The Estate alleges that “Gallagher negotiated the term” of the Desk Binder “directly with the insurer on Plaintiff’s behalf.” AC ¶ 32. The Estate further alleges that it “did not speak directly with AIG and instead relied entirely on Gallagher’s

abilities and professional expertise.” AC ¶ 32. As alleged in the Amended Complaint, “[o]n February 24, 2023, Mellecia McDonald (Area Vice President, Client Service Manager, Private Client Services for Gallagher) sent an email to” an agent of the Estate. AC ¶ 33. McDonald’s email is attached to the Amended Complaint [ECF No. 14-1 at 2–3 (“McDonald Email”). It states, in pertinent part: Here is your desk binder approval outlined as follows—this is a weekly desk binder and we can go up to 30 days on this but let me know if extensions are needed . . . . If this is acceptable to you and the client please indicate your acceptance of these terms by return email.

McDonald Email; AC ¶ 34. The McDonald Email “set out the specific coverage terms.” AC ¶ 35. It noted that “[t]here is no charge for this binder.” McDonald Email. The same day, February 24, 2023, the Estate responded via email: “This is acceptable so please proceed with extension of coverage for 30 days.” AC ¶ 36. That email from the Estate is also attached to the Amended Complaint [ECF No. 14-1 at 2 (“Estate Email”)].

According to the Amended Complaint, the Estate “never heard back from Gallagher” in response to the Estate Email directing Gallagher to “proceed with extension of coverage for 30 days.” AC ¶¶ 36, 37.

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Gustave Lipman, as Executor for the Estate of Ira Lipman v. Arthur J. Gallagher Risk Management Services, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/gustave-lipman-as-executor-for-the-estate-of-ira-lipman-v-arthur-j-nysd-2025.