David B. Stratton
Recognized since 2006
Wilmington, Delaware
Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
David has more than 40 years of experience representing debtors, creditors’ committees, secured and individual creditors, and parties-in-interest as both lead and co-counsel in bankruptcy courts in the Districts of Delaware and Maryland, the Southern District of New York and other U.S. bankruptcy courts. David also has significant experience representing clients in bankruptcy litigation.
He is a Fellow of the American College of Bankruptcy and serves as Regent for the Third Circuit. In 2014, he chaired the Third Circuit Merit Selection panel and served on the prior panel.
David has served as lead or co-lead counsel to a wide variety of clients across diverse industries, including: Debtors in Chapter 11 proceedings, including retail, technology, healthcare, manufacturing, transportation and production companies. Numerous creditors’ committees in bankruptcies involving banking, manufacturing, construction and retail concerns in the District of Delaware. Chairmen and members of creditors’ committees. Creditors, landlords and asset acquirers in Chapter 11 cases involving retail, manufacturing and service businesses. Indenture trustees in bankruptcies in the District of Delaware. Trustees in Chapter 11 and Chapter 7 cases, as well as serving as a trustee.
He also has experience representing secured creditors in bankruptcy proceedings, including the use of cash-collateral, post-petition secured lending, motions for relief from stay, motions for adequate protection for use of collateral, motions for the dismissal or conversion of Chapter 11 proceedings, and advice to secured creditors concerning treatment of their claims under plans of reorganization.
David is active in the community. He serves as chairman of the board of Christiana Home Health Care Services and as a member of the board of Christiana Health Care Systems. He also has long been active in firm management, including serving on the Executive Committee of the firm for several years.
- 600 North King Street, Suite 300
Wilmington, DE 19801-3700
- Gettysburg College, B.A. History, graduated 1975
Whiteford Taylor Preston LLP
79 The Best Lawyers in America® awards
10 Best Lawyers: Ones to Watch® in America awards
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- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
"Mr. Stratton is one of the Deans of the Delaware Bankruptcy Bar and one of the finest attorneys I have worked with. He understands what is expected of him and consistently delivers for his clients. Mr. Stratton regularly offers the voice of reason in contentious situation but is not afraid to fight if that is the direction the matter is heading."
- Brett Miller (Otterbourg, Steindler, Houston & Rosen, P.C.), New York, NY
"Dave has been retained by Vedder Price and our clients for 15 years in Chapter 11 cases filed in the Bankruptcy Court for the District of Delaware. Dave is consistently responsive (even on very short notice), practical, and knowledgeable with the law and local practices. Further, he is knowledgeable about, and well known by the Delaware Bankruptcy Judges, as well as the local bankruptcy bar. He and his colleagues are a pleasure to work with."
- Douglas Lipke (Vedder Price), Chicago, IL
"Mr. Stratton has a high level of expertise in the area of bankruptcy, restructuring, and dispute resolution. He knows the law in these areas well and is proficient representing debtors, creditors, and interest holders. Mr. Stratton's strengths also include good client communication and ability to problem solve to acceptable commercial resolutions that save clients time and money. He is a pragmatic, thoughtful, and ethical lawyer who is held in high regard by colleagues and clients alike. It is a pleasure to work with Mr. Stratton because he is responsive and knows what he is doing."
- Karol Denniston (DLA Piper US LLP), Los Angeles, CA
"David Stratton has represented the Hechinger Liquidation Trust and the Creditors of Hechinger since 1999. During this time, he has been provided excellent service to all of his constituencies, and always on a timely basis. He has always offered the best and most practical legal advice; he has an excellent courtroom presence, and he is respected and sought-out by everyone knowing him. Because of this, I consider him to be one of the Trust's most important assets."
- Conrad Hocking (Hechinger Liquidation Trust), Rockville, MD
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