David Folds represents financial institutions, commercial and retail landlords, franchisors, trade creditors, asset purchasers and other entities in all aspects of bankruptcy proceedings. Mr. Folds also represents receivers, trustees, and examiners in conducting investigations and pursuing claims regarding financial transactions.
He appears in state and federal courts across the Delaware, Maryland and Washington, D.C. area, as well as multiple other jurisdictions. Mr. Folds served as a law clerk to the Honorable William L. Stocks, Chief Judge of the United States Bankruptcy Court for the Middle District of North Carolina.
- University of North Carolina at Chapel Hill, J.D., 1993
- London School of Economics and Political Science, M.S., 1991
- Sewanee: The University of the South, B.A., 1989
- District of Columbia, 1996
- Virginia, 1999
- U.S. Court of Appeals for the District of Columbia Circuit
- U.S. Court of Appeals for the Fourth Circuit
- Represented national office developer in connection with headquarters lease in chapter 11 proceedings of multinational telecommunications company in United States Bankruptcy Court for the Southern District of New York.
- Representing magazine publisher in connection with reorganization of national magazine distributor in United States Bankruptcy Court for the District of Delaware.
- Representing retail landlord in bankruptcy proceedings of national electronics retailer in the United States Bankruptcy Court for the Northern District of Illinois.
- Represented mortgagee in all phases of chapter 11 reorganization, including multi-day contested confirmation hearing in Virginia.
- Represented landlord for flagship store in chapter 11 reorganization of national retailer in Delaware.
- Represented family partnership in purchasing real property from Chapter 11 estate.
- Represented national financial institution in action asserting recourse liability against multi-family borrower and guarantor in United States District Court in Virginia; obtained summary judgment.
- Represented Sarbanes-Oxley consultant in claims for professional negligence and breach of fiduciary duty in Virginia state court.
- Represented receiver appointed in Federal Trade Commission action to investigate, locate, and liquidate assets of principals of fraudulent debt counseling company.
- Defended major agricultural distributor in multi-million dollar contract claim brought by producer; obtained summary judgment on all claims.
- Defended national law firm in claims for professional liability, breach of fiduciary duty and deepening insolvency; obtained summary judgment.
Professional Honors & Activities :
- Board of Directors – Washington Lawyers’ Committee for Civil Rights and Urban Affairs
- Board Member, Idjwi Island Education Fund
- D.C. Bar Pro Bono Honors (2017)
- Capital Pro Bono High Honor Roll (2012, 2013); Honor Roll (2011, 2014, 2015, 2016)
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