Stephen Schwab
DLA Piper LLP (US)DLA Piper LLP (US), led by Aidan McCormack in New York, encompasses a multidisciplinary team proficient in all facets of transactions involving insurers, reinsurers, MGAs, brokers, and insurtech companies. In addition to transactional work, the practice aids fund managers and insurance companies in establishing insurance-focused funds and investments. Leveraging their global reach, the team is adept at supporting clients in intricate cross-border engagements, often advising on global M&A, private equity/venture capital, corporate, and finance attorneys to offer comprehensive advice. In Chicago, Stephen Schwab focuses on international trade, particularly in insurance and reinsurance regulation, compliance, transactions, dispute resolution, and receiverships, while David Mendelsohn brings extensive experience representing insurers, reinsurers, brokers, and other clients in various transactions, including complex regulatory matters and mergers and acquisitions. Furthermore, key figures such as Matthew Gorra, based in Baltimore, offer transactional expertise across a broad range of industries, advising both private and public clients from both seller and buyer perspectives.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Generally, potential clients should be interested in the following about DLA Piper: very good consulting skills throughout the phases of an engagement, ability to assess and position a case if it is likely to go to the next phase (e.g., depositions and trial), and full-team trial experience. DLA Piper always is a top tier firm and performer (at all staffing levels).’
'The group is hard-working, professional, and organized all while maintaining a pleasant demeanor.’
Key clients
- Trustmark Companies
- The Horton Group
- Delaware Life Insurance Company
- Clear Springs Life Assurance Company
- HUB International, Ltd.
- American Family Insurance Group
- Capital & Co. Insurance Services LLC
- EquiTrust Life Insurance Company
- SCOR Reinsurance Company
- USQRISK, LLC
- Tokio Marine Kiln
Work highlights
- Achieved a settlement of an offset plan on behalf of 50+ reinsurance counterparties in the Scottish Re U.S., Inc. rehabilitation in the Delaware Chancery Court and closed on a settlement of COVID-19 grace period extensions, resolved disputes over the standard for review of a proposed rehab plan, and are actively engaged in the development of an amended rehabilitation plan.
- Representing and advising Israeli, Bermudan, and US debtors in Delaware bankruptcy arising out of multi-billion-dollar reinsurance security and investment transactions, most of which were fraudulent.
- Advised Sydney-based public company, Steadfast Group in their first US acquisition and first entry into the US market.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Aidan M. McCormack