David Parker chairs the firm's Litigation, Risk Management and Arbitration practice and has a broad range of litigation experience in commercial matters, including contract disputes, securities, tax, executive employment, covenants not-to-compete and intellectual property issues, with a specialty in complex financial instruments. David handles many diverse and complex issues on behalf of hedge funds, both at the litigation and pre-litigation stages. He has significant experience in representing clients with respect to regulatory investigations, including responding to subpoenas and preparing clients for testimony.
David's services to hedge fund clients have included:
- Enforcing investors' rights when issuers refuse to convert debentures or preferred stock into common stock, to redeem those securities or otherwise to comply with their obligations.
- Maximizing a creditor's, bondholder's, or preferred stockholder's claims in bankruptcy proceedings.
- Pursuing and defending claims arising in the context of corporate control contests.
- Defending against actions on behalf of issuers seeking to recover from hedge funds claimed "short swing" profits in connection with Private Investment in Public Entity (PIPE) transactions.
- Responding to SEC or other regulatory subpoenas and investigations and preparing our clients for their testimony.
David also handles general commercial matters (as well as some personal matters, such as estates, tax and real estate litigation).
David's Bankruptcy and Workout experience includes:
- Representing investment funds, including with respect to transactions in which these entities invest in distressed securities and other special situations.
- Representing investment funds which took sizable positions in the debt of companies such as Marvel, Trans World Airlines, Eurotunnel, Southmark, Continental Airlines, Worldcom, Owens Corning and Enron.
- Acting as court-appointed receiver for a commercial Manhattan office building.
David was named a New York Super Lawyer in 2007, 2008 and 2009, and in the 2010 Corporate Counsel national edition of Super Lawyers as one of the top attorneys in business litigation.
BAR ADMISSION:
1974, New York
1974, U.S. District Court, Southern and Eastern Districts of NY
1975, U.S. Court of Appeals, Second Circuit
1985, U.S. Tax Court
1991, U.S. Claims Court and U.S. Court of Appeals, Federal Circuit
EDUCATION:
Yale University (J.D., 1973)
Brown University (A.B., cum laude, 1969) Phi Beta Kappa
CHARITABLE WORK:
Legal Services NYC, Director, 1983-
Park Avenue Synagogue, Trustee and Officer, 1991-2003, Honorary Trustee and Honorary Vice President, 2003-
Horace Mann School, Trustee, 2001– 2010
The New York City Justice Project, Director, 2006–
Brown/RISD Hillel Foundation, Trustee, 2008-
MEMBER:
New York City Bar Association
VISITING LECTURER:
Hedge Fund Litigation, Northwestern University School of Law and University of Chicago Law School
Law and Finance, William E. Simon School of Business, University of Rochester
