Thomas L. Woodman

Thomas L. Woodman: Attorney with Greenberg Traurig, LLP AV stamp icon
Attorney Awards

Biography

Tom works with directors and officers, general counsels, risk managers and fiduciaries to develop management and fiduciary liability insurance programs to best protect corporate and personal assets. In the event of claims, Tom works with clients and defense counsel to maximize the protections those policies provide.

In addition, Tom advises clients in the use of transaction insurance products such as representations and warranties, tax indemnity and contingent liability insurance in corporate mergers and acquisitions, private equity transactions, and other deal risk transfers. He has broad experience working through insolvency issues, and fiduciary risks associated with employee stock option programs ( ESOP's ).

Tom's insurance advice is based on 30 years of trial work litigating insurance issues for insurance companies as well as underwriters at Lloyd's of London. His experience representing insurers and later policyholders has led him to develop insurance policies for Lloyd's underwriters as well as niche insurance products to cover risks his clients faced where the market had no ready-made solution.

Concentrations

•Insurance Coverage Placement and Resolution of Insurance Disputes Involving:
•Directors & Officers Liability Insurance
•Representations & Warranties Insurance
•Tax Indemnity Insurance
•Contingent Liability Insurance
•Fiduciary Liability Insurance
•Fidelity Insurance; Crime Policies
•Professional Liability; Errors & Omissions Insurance
•Financial Institution Bonds and Insurance
•Employment practices Liability Insurance Commercial General Liability, Excess and Umbrella Insurance
• Wraps, Wrap-ups, Owner-Controlled Insurance Programs ( OCIP's ); Contractor-Controlled Insurance Programs ( CCIP's )
•Property/Business Interruption Insurance
•General Partner Liability Insurance
•Employer's Liability Insurance (coverage for Texas employers opting out of worker's compensation)
•Catastrophe Planning and Response

Recognition & Leadership

Awards & Accolades

•Listed, The Best Lawyers in America, Insurance Law, 2006-2019
•Listed, D Magazine, Best Lawyers in Dallas - Insurance Law, 2016-2019
•Team Member, BTI Power Rankings, “The 16 Strongest Firms for ‘Go-To Outside Counsel’ Insurance Work,” 2016
•Listed, Super Lawyers magazine, Texas Super Lawyers, 2012-2013
•Listed, Texas' Best Lawyers, 2010
•Rated, AV Preeminent 5.0 out of 5

Dallas Bar Foundation

•Adjunct Professor of Law, University of Houston, 1988-1989

Areas of Practice (3)

  • Insurance
  • American Indian Law
  • Insurance Defense Litigation

Education & Credentials

Contact Information:
214.665.3608  Phone
214.665.5908  Fax
www.gtlaw.com/People/TomWoodman
University Attended:
Bowling Green State University, B.S.B.A., cum laude, Reddin Law Scholarship, 1979, BGSU Academic Scholarship, 1975-1979, Omicron Delta Kappa. Beta Gamma Sigma, Phi Eta Sigma, Deans List, 1979
Law School Attended:
Notre Dame Law Centre, London, England, Concannon Programme of International Law, 1981; University of Notre Dame Law School, J.D., 1982
Year of First Admission:
1982
Admission:
U.S. District Court for the Northern District of Ohio; U.S. District Court for the Southern District of Texas; U.S. District Court for the Eastern District of Texas; U.S. District Court for the Southern District of Ohio; U.S. Court of Appeals for the Fifth Circuit; U.S. District Court for the Northern District of Texas; U.S. District Court for the Western District of Texas; 1985, Texas; 1982, Ohio
Memberships:

Professional & Community Involvement

•Member, American Bar Association
•Vice Chair, Professionals, Directors & Officers Liability Committee, 2005 - 2010
•Vice Chair, Insurance Coverage Committee, 2005-2007
•Member, ABA Corporate Governance Institute Steering Committee, 2007
•Member, Appellate Advocacy Committee
•Member, State Bar of Texas
•Member, Professional Liability Underwriting Society (PLUS)
•Sustaining Life fellow, Texas Bar Foundation
•Life fellow, Dallas Bar Foundation
•Adjunct Professor of Law, University of Houston, 1988-1989

Birth Information:
Fostoria, Ohio, 1956
Reported Cases:
Experience: Representative Matters: Defended insurer in bad faith coverage litigation brought by energy trader for damages in excess of $10 million E&O policy limits.; Defended insurer in coverage litigation involving $50 million fiduciary insurance liability claim arising out of the failure of Enron Corp.; Defended multiple insurers' interest in over 300 claims made against national insurance broker exceeding $100 million in E&O claims arising out of the failure to place coverage as represented.; Defended insurer in extra-contractual claims in excess of $20 million policy limits brought by non-profit charitable foundation.; Represented insurer in defense of extra-contractual claims in excess of $25 million policy limits arising out of professional liability policy issued to law firm defending claims brought by government contractor.; Negotiated cost of defense settlement for insurer that ignored obligations under $5 million D&O policy following major settlement between non-profit corporation and the State of Texas.; Defended major insurers regarding other insurance clauses.; Negotiated and resolved numerous property and business interruption claims arising out of Hurricanes Katrina and Rita.; Counseled and assisted a wide range of corporations, officers, directors and board members in the procurement of directors and officers coverage.; Negotiated terms and policy wording, and evaluated effectiveness and sufficiency of multi-tiered D&O insurance program for Fortune 1000 companies.; Drafted and implemented risk management and insurance programs for community banks.; Represented underwriters at Lloyd's of London on the evaluation and settlement of over 2500 claims made on state-wide employers primary and excess liability insurance programs.; Drafted general partner liability policy for underwriters at Lloyd's of London.; The above representations were handled by Mr. Woodman prior to his joining Greenberg Traurig, LLP.
ISLN:
902632712

Peer Reviews

5.0/5.0
A Martindale-Hubbell Peer Rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability numerical rating.

*Peer Reviews provided before April 15, 2008 are not displayed.

Dallas, Texas

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