David E. Weiss

Among David’s extensive experience is his work representing clients regarding insurance issues arising from securities and shareholder lawsuits. This includes leveraging insurance assets to assist clients in settling underlying disputes. For example, David was instrumental in helping to resolve complex claims against a corporation and its officers alleging losses arising from a stock option backdating scandal, convincing the insurers to contribute substantial coverage limits to resolve shareholder derivative and class action lawsuits, including coverage under Side A policies. In addition, David assisted another client in obtaining coverage for claims arising from alleged malfeasance by the company’s executive officers, including the CEO, who was convicted of fraud.

David also represents clients with regard to claims under cyberliability and data breach insurance coverages. As an example, he assisted technology companies victimized by a complex fraud scheme originating in Russia where perpetrators accessed customer accounts, stole funds, and made other unauthorized transactions.

David also handles claims under fidelity bonds; claims involving first-party property damage and business interruption losses (including losses arising from the COVID-19 pandemic and natural disasters such as wildfires and major storms); claims under mortgage insurance policies; and claims involving breaches of fiduciary duty, interference with contract and prospective economic advantage, products liability, environmental liability, employee theft, computer crime, mortgage fraud, and wrongful termination, among other things.

Most recently, David handled several large insurance coverage cases for aircraft leasing companies whose aircraft have been stranded in Russia since Russia’s invasion of Ukraine in 2022.

David also handles complex litigation outside the insurance recovery area, including commercial contract disputes and disputes regarding indemnification issues. In addition, he has a very active pro bono practice, specializing in matters related to criminal justice.