Education

University of California - Hastings College of the Law, J.D., cum laude, 1986

  • Editor-in-Chief, Hastings Constitutional Law Quarterly, Volume 13, 1985-1986

University of Washington, B.A., with distinction, 1972

Admitted

California, 1986

Memberships

San Francisco Bar Association

State Bar of California

Clerkships

Judicial Extern to Senior Associate Justice, Stanley Mosk, California Supreme Court, 1985

David Thill is a partner in the Banking and Financial Services Department and the Asset Securitization Department and a member of the Lease Finance Group.

David concentrates on complex commercial transactions, including structured finance, lease financing, personal property and real estate secured lending, and problem credit restructurings. His clients include lenders and lessors in middle market financings and issuers and other market participants in structured finance transactions, as well as corporate borrowers. David possesses significant experience in the commercial law aspects of intellectual property, including licensing and secured transactions involving intellectual property collateral. He served for six years on the Uniform Commercial Code Committee of the Business Law Section of the California State Bar. He has received many awards, including being recommended in banking and finance by PLC Which Lawyer? and listed as a “Super Lawyer” in Banking by Northern California Super Lawyers for the years 2005–2012.

Before joining the firm, David was a shareholder of the law firm of Gnazzo Thill, P.C., which combined with Chapman and Cutler LLP in June 2003.

Representative Transactions

  • Representation of lead lender and agent in $400,000,000 syndicated working capital financing transaction with public utility company
  • Representation of lead lender and agent in $500,000,000 syndicated acquisition financing transaction with large high technology borrower
  • Representation of lead lender and agent in $100,000,000 syndicated working capital and acquisition financing transaction with public auto recovery and auction borrower
  • Representation of lead lender and agent in $225,000,000 syndicated credit transaction with large computer hardware manufacturer
  • Representation of lead lender and agent in syndicated take-out credit transaction with multinational construction company and its subsidiaries secured by receivables, equipment and other assets
  • Representation of leasing company as portfolio lender and lessor in $600,000,000 debt restructuring, including portfolio reacquisition, forbearance negotiations, complex intercreditor documentation and subsequent bankruptcy liquidation
  • Representation of lenders in solo and agented middle market secured facilities
  • Representation of lessor in various middle market lease restructurings
  • Representation of world-wide marine and bunker fuel supplier in inventory-secured financing and of its special-purpose subsidiary in revolving commercial paper program backed by bunker and cargo receivables
  • Representation of borrowers structured to be "bankruptcy remote" in commercial real estate and other secured loan and structured finance transactions
  • Representation of bank in seller-financed sale of troubled loans
  • Representation of licensee of intellectual property in negotiations with bankrupt licensor and shareholder
  • Representation of nationally recognized statistical ratings organization in connection with its rating of securitizations of tobacco litigation settlement proceeds by eligible counties in California and in conjunction with the securitization of delinquent tax lien receivables by certain California school districts
  • Representation of several leasing and finance companies in their periodic warehouse and term securitizations in Rule 144A, Regulation D, and other privately placed transactions
  • Special California counsel in music royalty securitization
  • Special counsel to multinational telecommunications company in connection with public offering of senior secured original issue discount notes

Presentations

  • Strategic Research Institute, 2nd Annual Forum on Commercial Finance & Asset Based Lending, 2003
  • San Francisco Barristers Club, "IP in BK: The ABC's of Intellectual Property In Bankruptcy", 2003