Mr David Sheeren > Gibbs & Bruns LLP > Houston, United States > Lawyer Profile

Gibbs & Bruns LLP
1100 LOUISIANA
SUITE 5300
HOUSTON, TEXAS 77002
TEXAS
United States

Position

Partner, Gibbs & Bruns LLP

Career

 

David Sheeren focuses his practice on complex commercial litigation, with an emphasis on securities, structured finance, and energy disputes.

 

David is a member of the Gibbs & Bruns team that has recovered over $16 billion for investors in Residential Mortgage-Backed Securities (RMBS).

David Sheeren is a joy to work with.

David Sheeren has excellent industry knowledge of securitization litigation issues.

            Legal 500, 2022/2023

David is knowledgeable and accessible.

David Sheeren knows his stuff and I rate him very highly.

Chambers USA, 2022/2023

Prior to law school, David worked in the securities and finance practice of NERA Economic Consulting.

Lawyer Rankings

United States > Dispute resolution > General commercial disputes

Houston-based law firm Gibbs & Bruns LLP specializes in handling commercial disputes, with a focus on the banking, energy, technology, and financial services sectors. The firm’s experienced team is capable of representing both plaintiffs and defendants across a broad range of subjects. Robin Gibbs is highly regarded for his extensive experience as a trial attorney, while Kathy Patrick has regularly returned successes for longstanding high value clients. Barrett Reasoner is an expert in handling energy-related disputes and co-leads the practice alongside Gibbs and Patrick. Brian Ross  is particularly knowledgeable in the oil and gas industry and has expertise in market defining cases. Other notable members of the team include securities specialist Sam Cruse , energy and construction advisor Ayesha Najam , and David Sheeren . Denise Lambert Drake and Jorge M. Gutierrez Gutierrez Jr. were promoted to partner in October 2022.

United States > Dispute resolution > Securities litigation: plaintiff

(Leading lawyers)

David SheerenGibbs & Bruns LLP

Gibbs & Bruns LLP in Houston became a prominent player in the securities litigation having brought many successful claims relating to mortgage-backed securities, and the firm continues to handle some long-running matters arising from the global financial crisis. Key partner David Sheeren, who has ‘excellent industry knowledge of securitization litigation issues’, worked with newly promoted partner Denise Lambert Drake to bring a case for PIMCO and BlackRock concerning 156 Countrywide RMBS trusts, ultimately securing a $266m settlement. Sheeren and highly regarded Kathy Patrick, who together lead the practice, acted for PIMCO and TCW as investment managers for funds and accounts holding over $200m of certificates issued by a legacy RMBS deal sponsored by First Franklin / Merrill Lynch., which were pursued for selling loans into the Trust that breached a variety of representations and warranties, leading to significant losses. Approval of a $242m settlement is currently pending. Partner Sam Cruse also plays a key role in the practice, notably for clients in the financial services and energy sectors.