Douglas
R.
Davis
Partner
A partner in the Bankruptcy and Corporate Reorganization Department, Douglas R. Davis is also a founding member of the firm's Finance Group. His practice focuses on bankruptcies, specialized financings, securitizations, asset acquisitions, corporate restructurings and workouts.
For over 30 years, Mr. Davis has represented borrowers, commercial banks, equipment lessors, investment banks, insurance companies, bondholder groups and distressed debt investors in workout and bankruptcy matters. His work has encompassed out-of-court restructurings, "prepackaged" and contested bankruptcies and bankruptcy-related litigations. He has extensive experience with the acquisition of companies out of bankruptcy.
Matters with which he has had a significant involvement include Lehman Brothers, Ambac, Mervyn's, Enron, NRG Energy, GST Telecom, Rhythms Net Connections, Contifinancial Corporation, Western Pacific Airlines, El Paso Electric Company, Anacomp, Reading & Bates, Garden Way Incorporated and International Harvester.
Mr. Davis has also worked on the bankruptcy aspects of a significant number of securitizations. These deals have covered such assets as hotels, casinos, franchises, copyrights, trademarks and patents, as well as more traditional retail and trade receivables. He has led the firm's practice of issuing bankruptcy opinions to support these deals, and is also a member of the Opinion Committee of the firm's Corporate Department. Finally, Mr. Davis has also provided extensive consultations in the areas of loan documentation, deal structuring, indenture interpretation, secured transactions and general bankruptcy advice.
Mr. Davis is a member of the American Bar Association, where he served for several years as Chair of the Subcommittee on Developments in Business Financing—Lease Financings and Secured Transactions, as well as a member of the Association of the Bar of the City of New York. Since 2010 he has been a member of the TriBar Legal Opinion Committee and the Law Firm Advisory Board of the Working Group on Legal Opinions.