David Hall is a Member in the firm’s business section.  Mr. Hall’s practice centers on commercial lending and corporate restructuring and turnaround.

Mr. Hall’s finance practice focuses on representing financial institutions and borrowers in various types of financing transactions, providing clients with key strategic advice, structuring financial transactions, and negotiating and documenting transaction agreements.

In the turnaround context, David works with clients to develop and implement restructuring strategies, both in and out of court, analyze financial and operational performance data, cash flow forecasts and capital structures, develop strategies to improve business operations, monetize business assets and reduce debt leverage.

Representative Transactions – Bankruptcy

  • Represented the City of Detroit in its historic chapter 9 bankruptcy proceedings, including negotiation and documentation of a first of its kind $120 million post-petition bond financing and the City’s successful tender offer of approximately $1.47 billion of Detroit Water and Sewerage Department revenue bonds
  • Represented RadioShack Corporation in connection with its $285 million debtor-in-possession credit facility
  • Represented American Apparel, Inc. in the negotiation and documentation of $90 million debtor-in-possession credit facility and $120 million exit facility in the company’s chapter 11 bankruptcy proceedings
  • Represented Jefferies & Company as administrative agent and lender in connection with New LightSquared LLC, $3.1 billion junior lien bankruptcy exit facility
  • Represented ad hoc committee of secured term loan lenders in connection with the chapter 11 cases of Southcross Holdings LP and its affiliated debtors, which resulted in the restructuring of approximately $566 million of secured term loan debt
  • Represented Alpha Natural Resources, Inc. in connection with a $692 million debtor-in-possession financing package to finance the company’s chapter 11 bankruptcy proceedings
  • Chrysler LLC, represented company in its chapter 11 proceedings as lead bankruptcy counsel
  • Penton Business Media Holdings, Inc., represented company in its chapter 11 bankruptcy proceedings
  • Represented Arabella Exploration, LLC and Arabella Operating, LLC in their chapter 11 proceedings, resulting in a successful sale of substantially all of the companies’ assets
  • Represented multi-location grocery store chain in connection with debt restructuring and asset liquidation
  • Multiple representations of strategic purchaser of substantially all assets of distress tool and die companies
  • Represented Swift Energy Company in its chapter 11 restructuring proceedings in negotiation and documentation of $75 million debtor-in-possession credit facility
  • Represented senior secured lender in the negotiation of $4 million exit facility in the chapter 11 case of NewZoom, Inc.
  • Represented Bank of America in connection with Allen’s, Inc., $119 million debtor-in-possession credit facility
  • Georgia Gulf Corporation, debt-for-equity exchange of 92% of the aggregate outstanding principal amount of $736 million owing in respect of senior notes
  • Boscov’s Department Stores, represented company in its chapter 11 bankruptcy proceedings
  • Advised Wachovia Bank, N.A. in connection with the $35 million revolving credit facility with a $1 million sublimit for letters of credit for a construction equipment distributor
  • Meridian Automotive Systems, represented company in its chapter 11 proceedings as lead bankruptcy counsel
  • Federal-Mogul Corporation, represented company in its chapter 11 proceedings as lead bankruptcy counsel

Mr. Hall Mr. regularly speaks and publishes on commercial lending and corporate restructuring and turnaround.

Publications

  • Marking the Boundaries of Secured and Undersecured in Multi-Debtor Chapter 11 Cases: Collecting Postpetition Interest Under 506(b) of the Bankruptcy Code, Pratt’s Journal of Bankruptcy Law, June 2014
  • Unitranche Financing Facilities: Simpler or More Confused? Pratt’s Journal of Bankruptcy Law, September 2013
  • Illinois Institute for Continuing Legal Education, 2013 Bankruptcy Handbook — Chapter 11 Plan, Confirmation, and Cramdown, April 2013
  • Fourth Circuit Takes a Stance: Applying the Absolute Priority Rule in Individual Chapter 11 Cases, Pratt’s Journal of Bankruptcy Law, January 2013
  • Illinois Institute for Continuing Legal Education, 2011 Bankruptcy Handbook — Chapter 11 Plan, Confirmation, and Cramdown, April 2011
  • Secured Lender Rights in 363 Sales and Related Issues of Lender Consent, American Bankruptcy Institute Law Review, 2010
  • Delaware Bankruptcy Court Overrules Objection of Lone Dissenting Syndicate Lender to Collateral Agent’s Credit Bid, April 2009

Speaking Engagements

  • 29th Annual Federal Bar Association Bankruptcy Seminar 2017 – Advanced Issues in Chapter 11 (panel including Hon. Phillip J. Shefferly, Patrick M. O’Keefe, Paul R. Hage)
  • NAFER 2018 International Conference – Introduction of US Receivership to BVI Professionals with a Focus on Comparison to Bankruptcy (panel including Greg Hays, Warren E. Gluck, Sean Fitzgerald)
  • NAFER 2018 Offshore Insolvency and Asset Recovery Conference – Comparison of Offshore Insolvency and Restructuring Options to Chapter 11 (panel including Joe Grekin, Jennifer Colegate, Allen Wilen)

David is a member of the Economic Club of Grand Rapids, the West Michigan chapters of the Turnaround Management Association and Association for Corporate Growth, the American Bankruptcy Institute, the National Association of Bond Lawyers, NAFER (International Committee), the Turnaround Management Association, and the Chicago Bar Association.

Mr. Hall is also an adjunct faculty member at The John Marshall Law School and enjoys volunteering with the East Grand Rapids Schools Foundation,   West Michigan Trails & Greenways Coalition, and the West Michigan Land Conservancy (Land Protection Committee).