Morris, Nichols, Arsht & Tunnell LLP

Alternative Entity Counseling Financings & Structured Transactions

David’s practice focuses on the fields of partnership, limited liability company and statutory trust law, with an emphasis on issues relating to the formation, operation and dissolution of private investment funds, mutual funds and other investment vehicles organized as Delaware entities.

His practice also includes state bank regulatory matters (including organization of Delaware limited purpose trust companies), mergers and acquisitions, financing transactions (including matters involving Article 9 of the Uniform Commercial Code (“UCC”)) and other general commercial law counseling.

He regularly delivers third-party legal opinions, including opinions with respect to private investment funds, special purpose entities, perfection of security interests and deal closings.

His clients range from large, multinational corporations to local startup ventures, and include private investment fund sponsors, mutual fund sponsors, and Fortune 500 companies. David is often called upon to provide counsel to other attorneys domestically and internationally on matters relating to Delaware law.

An active member of the Delaware State Bar Association (DSBA), David is the chair of the DSBA Limited Partnership and LLC Committee, which is responsible for reviewing and updating Delaware’s partnership and LLC statutes. He is a past-chair of the DSBA Commercial Law Section, which is responsible for reviewing and updating legislation involving commercial law matters, including laws relating to statutory trusts, the UCC and banking.

A frequent writer on alternative entities, he is the coauthor of the Bloomberg BNA Corporate Practice Series Portfolio Limited Liability Companies: Legal Aspects of Organization, Operation, and Dissolution.

American Bar Association (Business Law Section, Mergers & Acquisitions Committee)

American College of LLC and Partnership Attorneys (Founding Fellow)

Delaware State Bar Association (Corporate Law Section, Limited Partnership and LLC Committee (Chair, 2024-2026); Commercial Law Section (Chair, 2005-2007))

J.D., with honors, 1996, University of North Carolina School of Law

B.A., summa cum laude, 1993, Salisbury University