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Peter A. Scarpato

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Peter A. Scarpato

GENERAL OVERVIEW

Peter A. Scarpato, President of Conflict Resolved, LLC, is an arbitrator, mediator and attorney with over 25 years of experience in the adjudication, negotiation, arbitration and mediation of business and legal disputes. He has arbitrated and mediated over 150 cases, including numerous disputes between large, medium and small-sized contractors and public and private owners involving complex business and commercial construction projects, million dollar “dream” homes, restorations of historic buildings, and normal residential construction projects. From 2002 until 2005, he served as the COO and later Profit Center Manager of the Global Surety Division of a large, Fortune 500 domestic and international insurance company whose combined worldwide contract and commercial book of surety business totaled in the billions of dollars. His primary duties in these related positions included: (a) working directly with the in-house and outside accounting, claims, construction, engineering, legal and underwriting specialists to analyze, adjust, negotiate, site visit and settle several multimillion dollar claims and other disputes involving the largest US contractors and well-known public and privately owned construction projects; (b) analyze the history, management, reputation, creditworthiness, operations and financial experience of the largest, most successful US and international contractors and commercial businesses to recommend, issue, track and adjust hundreds of millions of dollars in lines of credit for surety bonds used in residential, commercial, road, bridge, highway, rail, hard rock and coal mining, and other types of projects; and (c) manage the run off of hundreds of millions of dollars in surety bonds issued to large and medium sized contractors experiencing job-related and account related financial difficulties due in part from their inability to maintain operations at jobsites and obtain bonds

He is a certified arbitrator/umpire and/or mediator with ARIAS-US, Federal Eastern District Court of New York, New York State Supreme Court - Commercial Division, New Jersey State Superior Court, FINRA Dispute Resolution (formerly the National Association of Securities Dealers [NASD]), New York Stock Exchange (NYSE), Case Closure, LLC, National Arbitration and Mediation (NAM), National Arbitration Forum, The Jansen Group, Inc., Reinsurance Association of America (RAA), and Volunteer Lawyers for the Arts. He has been appointed to serve as arbitrator, mediator or umpire in dozens of civil, insurance, reinsurance, securities and commercial cases, ranging in value from $25,000 to multi-millions of dollars. He also managed the efficient and successful collection, commutation and settlement of billions of dollars in assumed/ceded reinsurance and direct property & casualty excess, surety and warranty run-off business for major insurance and reinsurance companies.

His many years as outside litigation counsel, in-house counsel, senior executive for domestic and international insurance and reinsurance companies, chief negotiator and ADR specialist have given him a unique foundation of strategic and substantive experience and skills - tools that allow him to provide a balanced and effective analysis to handle the simplest and most complex disputes.

EDUCATION

RUTGERS SCHOOL OF LAW, RUTGERS UNIVERSITY, CAMDEN, NJ
Juris Doctor, 1981; Dean's List

RUTGERS COLLEGE, RUTGERS UNIVERSITY, NEW BRUNSWICK, NJ
BA in Slavic Languages and Literature, 1978 Graduated with High Honors, Phi Beta Kappa, National Slavic Honor Society

BAR ADMISSIONS AND PROFESSIONAL AFFILIATIONS

NJ Supreme Court and U.S. District Courts 1981; Appellate Division of NY 1985; Supreme Court of the United States of America 1985; New Jersey Association of Professional Mediators; Editor-in-Chief of AIRROC Matters, newsletter of the Association of Insurance and Reinsurance Run-Off Companies (AIRROC); American Bar Association; New Jersey and New York State, and City of New York Bar Associations.