Jonathan L. Bing

Special Deputy Superintendent

Jonathan L. Bing is the Special Deputy Superintendent for the New York Liquidation Bureau and serves as the chief executive officer of the Bureau.

Prior to joining the NYLB, Mr. Bing represented the Upper East Side and East Midtown Manhattan in the New York State Assembly from January 2003 through June 2011.   During his tenure, Mr. Bing authored 85 bills that passed the Assembly, over 35 of which also passed the Senate and were signed into law.   His most notable legislative achievements include the 2006 law which expanded the statute of limitations for workers’  compensation claims made by 9/11 rescue, recovery and clean-up workers; the 2010 no-fault divorce law;  the 2010 adoption of the UPMIFA statute which allowed cultural and higher education institutions more flexibility with their endowments;  and, the 2008 law inspired by the tragic East Side crane collapses which enhanced criminal and civil penalties against those who would falsify construction records or illegally assist people with government licensing examinations.   Mr. Bing also authored several laws to reduce administrative burdens in the insurance and real estate industries to allow these businesses to be more successful during difficult economic times.

Prior to his 2002 election to the Assembly, Mr. Bing was a practicing attorney in Manhattan.   After serving as law clerk to U.S. District Court Judge Bruce M. Van Sickle, Jonathan joined the law firm of Torys LLP in 1996 as an attorney in its litigation and labor and employment practice groups.   After the tragic events of September 11th, Jonathan was chosen to organize over 250 attorneys as the New York Coordinator of the Federal Emergency Management Agency/American Bar Association’s Disaster Legal Services program which provided free, comprehensive legal assistance to nearly 1,000 New Yorkers affected by the terrorist attacks.

Mr. Bing received his J.D. from the New York University School of Law, a B.A. from the University of Pennsylvania and a 2009 Honorary Doctor of Laws degree from LIM College.

Mary Jo Marchisello

First Assistant Special Deputy Superintendent and Chief of Staff

Mary Jo Marchisello is the First Assistant Special Deputy Superintendent and Chief of Staff for the New York Liquidation Bureau.  Ms. Marchisello is responsible for handling the daily operations of the Bureau.

During Ms. Marchisello’s 23-year tenure at the Bureau, she has primarily worked in its Legal Division where she has held several positions including Managing Attorney, Attorney of Record and Director of the Legal Division.

Before joining the Bureau, Ms. Marchisello practiced law at Wilson, Elser, Edelman and Dicker where she specialized in handling disputes involving the professional liability of architects and engineers.   Thereafter, Ms. Marchisello served as Vice President and General Counsel for IDBI Managers, Inc. an entity that helped small companies and entrepreneurial enterprises insure industrial development bond funding.   Also, as an American Arbitration Association trained arbitrator, she presided over disputes for the New York Stock Exchange and the National Association of Security Dealers.

Ms. Marchisello’s significant public service includes serving as a Mediator for the New York State Supreme Court, Commercial Division Alternative Resolution Program, a Small Claims Arbitrator for the Civil Court of the City of New York and a volunteer training coach for mediators.  Ms. Marchisello also serves on the New York State Commission on Quality Care.

Ms. Marchisello received her bachelor’s degree in Chemistry from Trinity College in Washington, D.C. and her law degree from St. John’s University School of Law.

John Pearson Kelly

Assistant Special Deputy Superintendent and General Counsel

John Pearson Kelly is an Assistant Special Deputy Superintendent and the General Counsel for the New York Liquidation Bureau (“NYLB”).  He previously served as Chief Compliance Officer.  As Assistant Special Deputy Superintendent and General Counsel, Mr. Kelly will provide legal advice to the Special Deputy Superintendent and oversee the functions of the Bureau’s Legal Division.

Prior to joining the Bureau, Mr. Kelly worked in the New York State Attorney General’s Office, initially as an Assistant Attorney General in the Criminal Prosecutions Bureau, then as Chief of the Auto Insurance Fraud Unit.  The Unit employed 50 attorneys, investigators and analysts to investigate and prosecute auto insurance fraud, especially no-fault insurance conspiracies, through wiretaps and undercover operations.  Among his many achievements, in May of 2006, Mr. Kelly tried and convicted the leader of a staged accident ring in Bronx Supreme Court.

Before joining the Attorney General’s Office, Mr. Kelly was in private civil practice and handled numerous trials, appeals, arbitrations and mediations in his focus areas of commercial and insurance law, trusts and estates, and architectural and engineering malpractice.  He also spent six years as an Assistant District Attorney in Kings County, where he tried more than 30 felony cases, nearly half of them homicides, and served as Trial Supervisor to the Sex Crimes and Special Victims Bureau.

Mr. Kelly earned his Bachelor of Arts degree from Harvard College with a specialization in English and American Literature and Language and his Master of Arts degree from the Department of Philosophy of Claremont Graduate School.  He received his Juris Doctor with Honors from The Ohio State University College of Law.

Administrative Services

"Customer Service" is the paramount objective of the Administrative Services Division. It provides administrative and operational support to the NYLB through timely and economical procurement of goods and services, as well as effective administration of facilities maintenance, records management and office services.

Claims

The Claims Division ensures the prompt and equitable disposition of claims that meet the criteria for coverage under the New York Security Fund, thereby contributing to the NYLB's efforts to close the proceedings of Estates in a timely manner.

Creditor & Ancillary Operations

The Division of Creditor & Ancillary Operations oversees the administration of liquidating and settling the affairs of insolvent insurers and assists the Superintendent in discharging his responsibilities as Receiver of New York Liquidations, Rehabilitations, Conservations and Ancillary Proceedings.  The Division ensures compliance with applicable statutes, regulations, and policies and adherence to established procedures and controls in the adjudication of all creditors’ claims, the distribution of domestic estates’ assets to creditors in accordance with §7434 of the Insurance Law and the expedited closure of the insolvency proceedings.

Finance

The Finance Division of the NYLB safeguards the assets within the Bureau’s jurisdiction by maintaining and exercising internal accounting, reporting and financial controls and procedures. State-of-the-art technology, systems and business practice enable the division to effectively administer the NYLB’s financial activities, in a cost-efficient manner, for the benefit of claimants and creditors.

Human Resources

The Human Resources Division protects the NYLB, minimizing risk to the estates' assets by ensuring compliance with the various laws regulating the workplace, and by promoting fair and equitable treatment of its employees. The division also codifies and implements policies and procedures to ensure the effective operation of the NYLB. The Human Resources Division's functions include administration and recordkeeping, employee benefits, compensation, employee and labor relations, employment, and training and development.

Information Technology Systems (ITS)

The Information Technology Systems (ITS) Division provides technical information, support and services to its clients, the NYLB's employees, as well as maintaining the Bureau's computers and telecommunication equipment.

Investigations

The Investigations Division conducts thorough investigations of potentially fraudulent claims and activities that could prevent the NYLB from efficiently and expeditiously performing the necessary proceedings to liquidate and rehabilitate estates in accordance with the policies, rules, regulations and statutes of the New York State Insurance Law.

Please submit a report if you are aware of any potentially fraudulent insurance activity or official misconduct by a Liquidation Bureau employee or vendor.

Legal

The Legal Division ensures that the NYLB properly fulfills the Superintendent's duties as Receiver and various duties as Administrator of the Security Fund. The Legal Division represents the Superintendent as Receiver and provides advice, drafts and reviews contracts and proposed legislation.

Reinsurance

The Reinsurance Division monitors and collects the reinsurance assets of the insolvent domestic insurers on behalf of the Superintendent as Receiver to assist in maximizing recovery by creditors and the timely closing of estates.  This is accomplished by adjudicating reinsurance proofs of claim, allowance of assumed claims, audits, billing reinsurance recoverables, pursuing collections, commutations and release agreements, filing proofs of claim in ancillary proceedings, applying letters of credit and processing assumed accounts.