Pashman Stein Walder Hayden P.C. Named New Jersey Law Journal’s Law Firm of the Year 2023*

Dennis T. Smith, Pashman Stein Walder Hayden P.C. Photo

Dennis T. Smith

Co-Chair, Insurance Law


Dennis Smith, a founding member of the firm, co-chairs the firm's Insurance Law practice. Pashman Stein Walder Hayden has obtained coverage for its clients in construction, environmental, toxic tort, class action, and D&O liability cases, as well as in a number of other areas, including the related area of entitlement to indemnification for officers, directors, and employees pursuant to Corporate By-laws, Articles of Incorporation and Business Corporation Acts.

Dennis also has extensive experience in litigation, including construction, commercial, estate, personal injury, insurance defense, and workers' compensation defense. He has tried cases in both state and federal courts.

Dennis represents owners, general contractors, prime subcontractors, and suppliers in construction defect matters in connection with commercial projects and residential condominium projects.

Dennis is proud of the results he has achieved for clients, some of which are noted here and under the “Experience” section of this biography.  Of course, each legal matter is unique on many levels, and past successes are not a guarantee of results in any other pending or future matters.


Representative Matters

Our firm is proud of the results it has achieved for clients, some of which are noted here.  Of course, each legal matter is unique on many levels, and past successes are not a guarantee of results in any other pending or future matters.

  • Representing the plaintiff in an oppressed minority shareholder suit concerning issues of oppression in a closely held corporation. This case resulted in the New Jersey Supreme Court issuing a precedential decision clarifying the State's oppressed shareholders jurisprudence and provided needed guidance on the question of the proofs necessary to trigger the availability of remedies under the oppressed shareholder statute. The case was remanded and appealed following the entry of a $25 million judgment in our client’s favor on remand. In a second Supreme Court decision, which also created new law on the applicability of a marketability discount in the context of a court ordered buy out of interests in closely held corporations, the Court reinstated in full the judgment of $25 million (an $18 million buyout and plus more than $7 million in pre- and post-judgment interest). In post-judgment enforcement proceedings, assisted in collecting more than $23.9 million through various execution avenues from both individual and corporate judgment debtors. Successfully tried a fraudulent transfer claim, resulting in an opinion and order requiring the return of $18 million in funds secreted overseas.
  • Represents governmental agency in connection with the recovery of over $2 million dollars from an excess workers' compensation carrier of benefits paid above a self-insured retention. The issue is whether the excess carrier, in the absence of an underlying defense obligation, is obligated to pay without having advised the insured of its policy defenses by way of a coverage position letter. The claim, based on estoppel and waiver, presents a novel issue of whether, in these circumstances, an excess carrier may avoid coverage without issuing its coverage position
  • Represented life partner of decedent on issue of whether it was the decedent's probable intent to devise real property to his life partner free of mortgage debt although the issue was not addressed in decedent's will. The case was decided against the life partner at trial and on appeal. In a published opinion, the New Jersey Supreme Court granted certification and held that the decedent's probable intent was to transfer the property to the life partner free of debt and thus estate was required to pay off significant mortgage amount.
  • Represents owners, general contractors, prime subcontractors, and suppliers in construction defect matters in connection with commercial projects and residential condominium projects.
  • Represented New Jersey Turnpike in construction litigation involving the expansion of the Driscoll Bridge arising out of errors in original steel design and resultant increased costs to the Turnpike. Favorably resolved against contractor and project insurer resulting in several million dollars being paid to the Turnpike.
  • Together with co-counsel, obtained a settlement of up to $25 million in favor of a statewide class of inmates and their families in a class action lawsuit against Global Tel Link Corp. (GTL), a prison technology company, and its subsidiaries, regarding overcharged inmate calling services.

Reported Decisions

  • LCG Investments v. Merchants Mutual Ins. Co., 2006 N.J. Super. Unpub. LEXIS 2976 (App. Div. June 2, 2006) (first New Jersey decision to address scope of debris removal provision in comprehensive Business Owner’s Policy.)
  • Myron Corporation v. Atlantic Mutual/Insurance Company, 2007 WL432624 (N.J. Super. Law Div. Jan. 22, 2007) (first New Jersey decision to address duty to defend Telephone Consumer Protection Act class action claims.)
  • Bridge Metal Industries v. Travelers Indemnity Company, 812 F. Supp. 2d 527 (S.D.N.Y. 2011) (involving coverage for Lanham Act and Unfair Competition claims in both federal and state courts.)
  • Mortgage, Inc. v. Ward & Olivio, LLP, 439 N.J. Super 202 (App. Div. 2014) (addressed issue of first impression as to whether limited liability partnership that fails to maintain malpractice insurance as required by court rule is converted into a general partnership in which all partners are jointly and severally liable for the malpractice of one partner.)
  • Parker v. Poole, 440 N.J. Super. 7 (App. Div. 2015) (addressing evidentiary issue of first impression concerning admissibility of speculative testimony by party-opponent.)
  • Kiken v. Kiken, 149 N.J. 441 (1997)(involving issue of whether decedent’s estate was obligated to pay for son’s ivy league education as provided in Judgment of Divorce.)
  • IMO Theodore M. Payne, 186 N.J. 324 (2006)(involving doctrine of probable intent as applied to interpretation of decedent’s will.)
  • Vergopia v. Shaker, 383 N.J. Super. 256 (App. Div. 2006) aff’d., 191 N.J. 217 (2007) (involving issue of whether attorney was entitled to indemnification from corporation client for costs of his defense against a wrongful discharge lawsuit.)
  • Myron Corporation v. Atlantic Mutual Insurance Company, 407 N.J. Super. 302 (App. Div.) aff’d., 203 N.J. 537 (2010 )(involving issue of whether Myron as the prevailing party in a New Jersey coverage litigation was entitled to extraterritorial counsel fees incurred in Illinois pursuant to New Jersey R. 4:42-9(a)(6).)
  • Sipko v. Koger, Inc., 214 N.J. 364 (2013) (holding that minority shareholder who is victim of illegal/fraudulent actions can seek statutory remedies in absence of finding of oppression.)
  • Occhifinto v. Olivo, 221 N.J. 443 (2015) (involving issue of whether third-party beneficiary under liability policy was entitled to recover its attorney fees as a successful claimant under N.J. Ct. R. 4:42 – 9(a)(6)

News & Insights


Speaking Engagements




Community & Professional

  • Member, New Jersey Bar Association
  • Member, Bergen County Bar Association
  • Past Chair, District II-A Fee Arbitration Committee


  • Hon. Arthur C. Dwyer, J.S.C. General Equity Division, Passaic County 1988-1989
  • Hon. John J. Gibbons Chief Judge, Third Circuit Court of Appeals 1987

Bar Admissions

  • New Jersey

Court Admissions

  • U.S. District Court, District of New Jersey
  • U.S. Court of Appeals, Third Circuit
  • U.S. District Court, Southern District of New York


B.A., Fairfield University, 1985

J.D., Seton Hall University School of Law, 1988

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