Representation of stakeholders in bankruptcy, reorganization and liquidations, shareholder disputes and complex distressed corporate transactions
Out-of-court workouts, creditors’ rights disputes, and financial restructuring and insolvency matters including Chapter 11 and Chapter 7 proceedings
Approved mediator for the U.S. Bankruptcy Court, District of New Jersey
David leads the firm’s bankruptcy practice, representing debtors, creditors, landlords asset purchasers, court-appointed fiduciaries, plan sponsors, and other stakeholders in the areas of bankruptcy, reorganization, liquidation, shareholder disputes and complex distressed corporate transactions.
With many years of experience and expertise in areas of the law that include bankruptcies, insolvency proceedings, commercial foreclosures, receiverships, distressed real estate and commercial transactions, David brings a broad understanding of the dynamics between debtors, borrowers, guarantors, landlords, tenants and lenders to his representation of clients in the commercial world including Chapter 11 reorganizations in the United States Bankruptcy Courts, and matters in the Superior and District Courts of New Jersey. He represents stakeholders in out of court arrangements, restructurings, state court receiverships and Chapter 7 and 11 bankruptcy proceedings.
David is an approved mediator for the U.S. Bankruptcy Court, District of New Jersey.
Results may vary depending on your particular facts and legal circumstances.
Rutgers University School of Law - Newark, J.D., 1968
Tufts University, B.A., 1965
Recognition
Listed in The Best Lawyers in America (a trademark of Woodward/White, Inc.) for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation - Bankruptcy practice areas (2007 – present)
Selected by Best Lawyers (a trademark of Woodward/White, Inc.) as 2022 Woodbridge "Lawyer of the Year" in Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law; as 2020 Woodbridge "Lawyer of the Year" in Litigation-Bankruptcy; and as 2017 Woodbridge "Lawyer of the Year" in Litigation-Bankruptcy
Listed in New Jersey Super Lawyers (a Thomson Reuters business) in the Bankruptcy: Business, Business Litigation, Real Estate: Business, Creditor Debtor Rights: Business and Real Estate: Business practice areas (2012 – present)
Martindale-Hubbell Peer Review Rated AVPreeminent (a trademark of Internet Brands, Inc.)
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Advised a medical practice in a Chapter 11 bankruptcy proceeding involving competing claims from a private equity sponsor, an acquisition lender, and the practice’s physician owners. The matter addressed disputes arising from the dissolution of the practice, restrictive covenant issues, and claims exceeding $35 million. The firm guided the parties to a global settlement and confirmation of a Chapter 11 plan of liquidation, resolving all claims.
The firm’s bankruptcy and real estate teams advised on the sale of the Woodbridge Hilton to WBCMT, a securitized lender. The sale was part of the Chapter 11 bankruptcy proceeding of Inn at Woodbridge Inc. in which the firm represented the debtor.
In the Chapter 11 Plan of Reorganization for Branchburg Commerce Park LLC, the firm represented the debtor, who emerged from Chapter 11 with a modified mortgage loan and an agreement to pay creditors approximately 15% over a number of years. The debtor owns and manages a commercial condominium consisting of office and warehouse space.
Represented debtor Munire Furniture Company Inc., a manufacturer and distributor of children’s furniture, in a Chapter 11 proceeding in the U.S. Bankruptcy Court for the District of New Jersey, Trenton Vicinage, resulting in the sale of the company’s assets to Heritage Baby Products LLC.