As a young lawyer, Shafkat Rakib already has relevant insurance recovery experience representing leading clients as policyholders in several sectors: prescription drug distribution, financial, municipalities, media, amusement parks and luxury car rentals. His work with these companies spans coverage under various policies, from Directors and Officers, Commercial General Liability, All-Risk Property Policies, plus others.
Shafkat has been involved in important cases of the day, including representing a Fortune 50 company seeking insurance coverage for underlying opioid epidemic litigation under CGL policies, a large-scale electronic document review in a case for a private equity firm seeking coverage under D&O policies, research for a summary judgment motion seeking business interruption coverage for Coronavirus pandemic-related losses under an all-risk property policy, plus other legal issues including the statutes of limitation, a policyholder’s duty to cooperate, sale of property subject to coverage litigation, an insurance company’s right to seek contribution or subrogate against its insured, conflicts of law and attorney-client privilege.
He also served as a Legal Intern for the United States District Court, Southern District of New York, Judge Lorna G. Schofield, New York in the Spring of 2019. And in the Fall of 2018, he was a Legal Intern for The Legal Aid Society, Criminal Trial Division in Queens, NY.