David P. Simonds
Partner Corporate & Finance
Los Angeles
New York
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Overview
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Experience
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Credentials
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Insights and events
Clients quoted in Chambers USA 2022'David is a go-to attorney with strong commercial and legal skills.' 'He is instrumental in coming up with creative solutions.'
When distressed debt investors, financially troubled companies, and acquirers of businesses and assets need an experienced lawyer to guide them through a Chapter 11 case or an out-of-court restructuring, they turn to David Simonds.
For more than 30 years, David has been advising on financial restructuring matters across several industries. He has been involved in first-of-their-kind, complex restructurings both in the United States and internationally, including cross-border transactions and insolvencies.
Clients have praised David as a "very pragmatic, deal-centered lawyer who focuses on results" and Chambers notes that, "He knows the ins and outs of bankruptcy very well, his advice is always on point, and he is easy to work with and very responsive."
Prior to joining Hogan Lovells, David was most recently with a prominent international law firm for 19 years, 15 of which as a partner in the financial restructuring group. David also previously served as Director of Operations for a leading apparel company. He is also a certified public accountant, registered in South Dakota (inactive).
Clients quoted in Chambers USA 2022'David is a go-to attorney with strong commercial and legal skills.' 'He is instrumental in coming up with creative solutions.'
Representative experience
Represented an ad hoc group of noteholders of a global business services company whose principal operations span Latin America in connection with its comprehensive restructuring.
Represented a DIP lender in the chapter 11 case of LATAM Airlines.
Represented an ad hoc group of secured noteholders of a Chilean transportation/bus company in connection with its prepackaged chapter 11 case in the United States.*
Represent the Official Committee of Unsecured Creditors in the chapter 11 case of premium baby products company Hello Bello.
Represented a group of noteholders and investors in a Mexican homebuilder that restructured US$2bn in debt and other claims.*
Represented the Official Committee of Unsecured Creditors in the chapter 11 case of plastics recycling company CarbonLite Holdings.
Represented the Official Committee of Unsecured Creditors in the chapter 11 case of Wave Computing.
Represented the Official Committee of Unsecured Creditors of Speedcast, a global satellite service provider with over 80 satellites and local support in over 40 countries, in its chapter 11 case.
Represented the Official Committee of Unsecured Creditors in the chapter 11 case of Virgin Orbit, a commercial satellite launch company founded by billionaire Sir Richard Branson.
Represented a holder of a majority in principal amount of notes issued by mortgage origination company Stearns Holdings in connection with its chapter 11 case.
Represented the official committee of unsecured creditors in the chapter 11 case of Washington Mutual Inc., a bank holding company in largest U.S. commercial bank failure.*
Represented the official committee of unsecured creditors in the chapter 11 case of Delta Air Lines.*
Advised an ad hoc group of noteholders of oil and gas producer Atlas Resource Partners in connection with its restructuring, effected through a prepackaged chapter 11 case.*
Represented a global asset manager as term lender in restructuring a specialty agriculture company in its restructuring, leading the client through acquisition of majority ownership in the company.*
Lead U.S. counsel representing a global asset manager’s rights as noteholder of a Canadian lumber products company in proceedings under the Canadian Business Corporations Act (CBCA).*
Represented an ad hoc group in the acquisition of ownership of a U.S. and Canadian thrift retailer through a debt-for-equity exchange and new money investment.*
Represent an ad hoc group of secured noteholders of Brazilian airline GOL Linhas Aereas Inteligentes in its chapter 11 case.
*Matter handled prior to joining Hogan Lovells.
Credentials
- J.D., New York University School of Law, 1992
- B.S., State University of New York at Albany, summa cum laude, 1989
- California
- New York
- Certified Public Accountant, South Dakota (inactive)
- U.S. District Court, Southern District of California
- U.S. District Court, Central District of California
- U.S. District Court, Northern District of California
- U.S. District Court, Eastern District of California
- U.S. Bankruptcy Court, Southern District of New York
- U.S. Bankruptcy Court, Eastern District of New York
- U.S. Court of Appeals, Sixth Circuit
- U.S. Court of Appeals, Ninth Circuit
- Fellow, American College of Investment Counsel (ACIC), 2012-present
- Member, Communications Committee and Development Committee, ACIC
- Member, ABI
- Member, Association of Business Trial Lawyers