Shannon W. Conway

Shannon W. Conway

Founding Partner

214.709.6180

sconway@fsc.legal

SWC Narrative Biography

SWC Curriculum Vitae

Shannon W. Conway is the Firm’s Managing Partner. Shannon attended Catholic University’s Columbus School of Law while working with Patton Boggs LLP as a secretary and, later, a law clerk. Upon earning her J.D. in 1999, Shannon remained with Patton Boggs and began her steady rise to Litigation Partner in Patton Boggs’ Washington, D.C. and Dallas, TX Offices.

As an Associate and Partner with Patton Boggs’ litigation department, Shannon committed her practice primarily to insurance coverage litigation, securities litigation, commercial business disputes, white collar crimes and internal and government investigations, while also devoting a substantial part of her time representing individuals and non-profits in a pro bono capacity.

In 2014, Shannon joined Talcott Franklin P.C., a boutique law firm with an international client base, which grew to over 20 senior attorneys licensed in twelve states, and ultimately became the Managing Shareholder of the firm. Talcott Franklin P.C. and its principal have been featured on television, radio, and print media, including CNBC, NPR, the Wall Street Journal, Bloomberg, HousingWire, and numerous other outlets.

Shannon is also a Professor at UNT Dallas College of Law, a new public law school founded in 2014 and located in the old Municipal Building in downtown Dallas. Shannon sought to join UNT Dallas College of Law because she so strongly believes in its mission to widen access to legal education for those who could be superb legal professionals but lack realistic access to legal education.

Representative Matters

Insurance Recovery

  • Achieved $10m settlement for subprime lender in connection with claims against its E&O insurer to obtain millions of dollars of coverage for a claim of “unfair” lending practices
  • Obtained judgment on behalf of insured in broker malpractice litigation involving marine inland and commercial general liability policies
  • Obtained ruling requiring insurer to advance defense expenses under D&O policy for both covered and excluded claims against the insured
  • In the wake of Hurricane Katrina, Hurricane Harvey and other natural disasters, prepared coverage analyses for businesses seeking to recover business interruption and property damage losses, and worked directly with insurers to assist in clients’ recovery efforts
  • Achieved favorable settlement for homeowners’ association board of directors in connection with claims against its management liability insurer to obtain coverage for claims against the board alleging breaches of fiduciary duty
  • Negotiated pre-suit reversal of coverage position by liability insurer for defamation and breach of contract claims against its insured in complex underlying litigation

Financial Services / General & Complex Commercial Litigation

  • Achieved favorable settlements on behalf of institutional investors in action against servicer of residential mortgage-backed securities (RMBS) trust for claims arising out of illegal servicing practices
  • Represented student loan borrower in putative class action against student loan servicer for wrongful delay of crediting borrowers’ payments
  • Represented objectors in the class action settlement of claims against Bank of America, as successor to Countrywide Home Loans, relating to the mortgage crisis
  • Assisted in the representation of Deutsche Bank as trustee of nearly 100 Trusts claiming over $6 billion in damages against the FDIC and JPMorgan Chase involving nearly 500,000 loans originated by Washington Mutual and its affiliates.  Settlement resulted in allowed claim of $3,006,929,660.00 against the Washington Mutual Bank receivership
  • Represented Knights of Columbus, SBLI, NCMIC, and Cedar Hill pursuing fraud claims against various sellers of mortgage-backed securities related to the financial crisis. Rather than go the traditional route of filing a lawsuit in state or federal court, the firm instead sued the brokers in FINRA arbitrations, resulting in confidential resolutions. 
  • Represented Supreme Lending requesting a permanent injunction and damages for servicing violations on 6000 loans sold to CitiMortgage.  Case resolved after Court denied Defendant’s motion to dismiss.
  • Representing Huntington, Charleston, Kenova, and Ceredo, West Virginia in action against The Joint Commission and Joint Commission Resources involving the nationwide opioid crisis, seeking damages and injunctive relief to change the Pain Management Standard

Prior results do not guarantee a similar outcome.