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DLA Piper LLP (US)

1251 AVENUE OF THE AMERICAS, NEW YORK, NY 10020-1104, USA
Tel:
Work +1 212 335 4500
Fax:
Fax +1 212 335 4501
Web:
www.dlapiper.com

Megan Shea

Tel:
Work +1 212 335 4564
Email:
Web:
www.dlapiper.com/en/us/people/s/shea-megan/
DLA Piper LLP (US)

Work Department

Litigation, Arbitration and Investigations; Insurance and Reinsurance Disputes; Insurance

Position

Partner

Career

Megan concentrates her commercial litigation practice on counselling and dispute resolution for leading insurance companies worldwide in connection with financial institutions liability, directors and officers liability, professional liability and M&A insurance (including representations and warranty insurance). Megan also regularly litigates non-insurance M&A, fiduciary duty, fraud and securities law claims for public and private companies and their management.

Education

J.D., Fordham University; B.A., Boston College


United States: Industry focus

Insurance: advice to insurers

Within: Insurance: advice to insurers

The 'deeply knowledgeable and business-conscious' New York insurance department at DLA Piper LLP (US) is 'one of the few practice groups that can provide outstanding legal advice with legitimate courtroom skills'. It focuses on claims relating to securities, asbestos, environmental issues, product liability, D&O, fraud, tort and transaction liability, as well as international disputes in the London and Hong Kong markets. Aidan McCormack advised Brit Insurance on a $64m professional liability insurance coverage and bad faith claim against Lloyd's and London Market insurers regarding an underlying legal malpractice claim. International business litigator Michael Murphy serves as global chair for insurance and reinsurance. Clients also recommend the 'unflappable and incredibly creativeJoseph Finnerty III, who counts Beazley among his clients, and 'consistently high performerMegan Shea. The firm's New York office was also boosted by the relocation of global insurance sector co-chair PK Paran from London in early 2019.

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Legal Developments by:
DLA Piper LLP (US)

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.

    - DLA Piper UK LLP

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