Professional Biography

Michael T. Sharkey Partner

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Overview

News

Insights

  • 07.2016
    Insurance and M&A Transactions
    Lawyer Publications

    A Few Things You Should Know

    This edition of A Few Things You Should Know concerns Insurance and M&A Transactions. It addresses some key issues in the way M&A transactions can impact the insurance coverage of the parties involved in the transaction.
  • 07.2016
    Representation & Warranty Insurance
    Lawyer Publications

    A Few Things You Should Know

    This edition of A Few Things You Should Know concerns Representation & Warranty Insurance. “Representation & Warranty Insurance” (R&W Insurance) is a type of insurance policy purchased in connection with corporate transactions, and covers the indemnification for certain breaches of the representations and warranties in the transaction agreements. It is designed to provide additional flexibility in addressing these obligations, for example, by reducing or eliminating the need for an escrow by the Seller.
  • 06.2016
    Properly Identifying Additional Insured
    Articles
    There are numerous ways that contract parties can shift the risk of certain types of losses between each other. One approach is to require one party to list the other, protected party as an additional insured on its own purchased insurance policies, thereby giving the protected party direct access to insurance coverage.
  • 03.29.2016
    What Methods of Allocation Will Prevail in New York?
    Updates
    Today, on March 29, 2016, the New York Court of Appeals, New York’s highest court, will hear oral argument on two significant allocation questions that could affect policyholders across the country.

    An extended version of this Update was published in Law360 on 04.06.2016.
  • 12.2015
    Additional Insured Status and Coverage for Misnamed Additional Insureds
    Lawyer Publications

    Perkins Coie 

  • 09.2015
    MT Court: Companies Must Show Prejudice to Avoid Coverage Based on Late Notice Part 2
    Articles

    Insurance Coverage Law Bulletin

  • 08.17.2015
    Baby Food Recall Covered Under Insurance Policy
    Lawyer Publications
    Insurance companies typically argue that a policyholder’s liabilities arising out of a product recall are only covered, if at all, under a specialized product recall policy, and not under more widely purchased standard-form general liability policies.
  • 08.2015
    MT Court: Companies Must Show Prejudice to Avoid Coverage Based on Late Notice Part 1
    Articles

    Insurance Coverage Law Bulletin

  • 03.2015
    New York's Insurance Notice Statute and Contractual Choice of Law: When Is a New York Law Not 'New York Law'?
    Articles

    Insurance Coverage Law Bulletin 

  • 02.2014
    Government Investigations Can Constitute Covered Claims – And Require Notice – Under Liability Insurance Policies
    Articles

    LexisNexis Emerging Issues Analysis

  • 11.2013
    “Settlements With Underlying Layers Satisfy Exhaustion Conditions in Excess Policies”
    Articles

    LexisNexis Emerging Issues Analysis

  • 08.2013
    Britt v. Twin City: Private Equity Firms Should Review the Scope of the Insurance Purchased to Cover Claims Against Them and the Individuals They Place as Directors
    Articles

    LexisNexis Emerging Issues Analysis

  • 10.2012
    Avoiding Gaps In Insurance Coverage for Private-Equity-Placed Directors at Portfolio Companies
    Articles

    LexisNexis Emerging Issues Analysis

  • 05.2012
    The Consequences of an Insurance Company's Breach
    Articles

    Insurance Coverage Law Bulletin

  • 12.05.2011
    Don't Let Employee Theft Impact Your Holiday Profits
    Articles

    Chain Store Age

  • 11.15.2011
    'Tis The Season of Employee Theft: Steps to Ensure Your Fidelity Insurance Will Cover Your Losses
    Updates
    Increased store traffic, the shift in management's attention to keeping stock available and the barrage of seasonal employees create an environment ripe for crimes of opportunity such as employee theft.
  • Spring 2011
    Policyholders Beware: Do Not Let An Insurance Company Unilaterally Reduce the Defense Cost Coverage You Purchased
    Articles

    ABA’s Professionals’, Officers’ and Directors’ Liability Committee News

  • 07.2010
    The New Patent Troll Litigation - Attacking Your Patent Marking: Defending Your Company and Obtaining Insurance Coverage
    Articles

    IPO.org

  • 11.2009
    Sauce for the Goose: Transfer of a Policyholder’s Insurance Coverage Rights by Subrogation
    Articles

    Insurance Coverage Law Bulletin

  • 04.2009
    Insurance Company Conduct Endorsing the Fairness of ‘All Sums’ Allocation
    Articles
    Insurance Coverage Law Bulletin
  • 03.2009
    Wisconsin Supreme Court Adopts ‘All Sums’ Allocation, Finds Asbestos Claims are Multiple Occurrences
    Articles
    Insurance Coverage Law Bulletin
  • 02.2008
    Misrepresentation: Insurance Company Efforts to Avoid Statutory Requirements
    Articles

    Insurance Coverage Law Bulletin

  • 06.2007
    Liability for Measures to Prevent Further Harm
    Articles

    Insurance Coverage Law Bulletin

  • 2007
    Protecting a Policyholder’s Rights on Receipt of a Rescission Letter
    Updates
  • 11.2006
    Waiver or Ratification of Alleged Misrepresentations By Subsequent Insurance Company Conduct
    Articles

    Insurance Coverage Law Bulletin

  • 10.2006
    Policy Clauses that Limit Lawsuits Create Pitfalls
    Articles
    Business Insurance
  • 06.2006
    Maryland High Court Holds Total Pollution Exclusion: Does Not Bar Coverage for Welding Fumes Claims
    Articles

    Insurance Coverage Law Bulletin

  • 03.2006
    Substitution of ‘The Sums’ or ‘Those Sums’ for ‘All Sums’ Does not Alter the Scope of Coverage
    Articles

    Insurance Coverage Law Bulletin

  • 09.2005
    Documentation Requirements: No Right for Carriers to Second-Guess Primary Carrier’s Settlement Payments
    Articles

    Insurance Coverage Law Bulletin

  • 05.2005
    Duties in Event of Occurrence: Many Insurance Policies Do Not Purport to Make Notice a Condition Precedent
    Articles

    Insurance Coverage Law Bulletin

  • 09.2004
    Intentional Waiver of Unintentional Misstatements: Contractual Limitations to Insurance Policy Rescission
    Articles

    Insurance Coverage Law Bulletin

  • Spring 2001
    Coverage Exists for Public Lawsuits Against Targeted Products: Damages Sought Are Because of Bodily Injury or Property Damage
    Articles
    Journal of Insurance Coverage
  • 04.26.2021
    Potential Pitfalls in Excess Coverage and How to Avoid Them
    Speaking Engagements
    RIMS LIVE 2021 Annual Conference / Virtual Session
  • 04.21.2021
    The Policyholder and Insurance Company Settlement: Reservation of Rights Letters, Rescission Letters and Claims Settlement
    Speaking Engagements
    RIMS LIVE 2021 Annual Conference / Virtual Session
  • 04.21.2021
    Transactional Insurance and Insurance Issues in Transactions
    Speaking Engagements
    RIMS British Columbia Chapter / Virtual Meeting
  • 04.15.2021
    Settlement of Underlying Claims: When the Policyholder and Insurance Company Disagree
    Speaking Engagements
    RIMS Oregon Chapter / Virtual Meeting
  • 10.11.2019
    Settlement of Underlying Claims: When the Policyholder and Insurance Company Disagree
    Speaking Engagements
  • 03.13.2018
    Transactional Insurance and Insurance Issues in Transactions
    Speaking Engagements
    RIMS Meeting / Cary, NC
  • 08.31.2017
    Representation & Warranty Insurance Coverage in Corporate Transactions
    Speaking Engagements
    In House Continuing Legal Education Seminar for Manufacturing Company
  • 03.30.2017
    Settlement of Underlying Claims: When the Policyholder and Insurance Company Disagree
    Speaking Engagements
    San Diego RIMS Chapter Meeting / San Diego, CA
  • 04.11.2016
    Reservation of Rights: Protecting the Policyholder
    Speaking Engagements
    RIMS 2016 Annual Conference and Exhibition / San Diego, CA

RELATED INFORMATION

Bar and Court Admissions

  • District of Columbia
  • Maryland
  • U.S. District Court for the District of Columbia
  • U.S. District Court for the District of Maryland
  • U.S. Court of Appeals for the Sixth Circuit

Education

  • Yale Law School, J.D., 1994
  • Yale University, B.A., summa cum laude, 1991