Shipman, Shaiken & Schwefel LLC

2 Best Lawyers awards

Shipman, Shaiken & Schwefel LLC logo

Awarded Practice Areas

Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Commercial Litigation

Biography

David M. S. Shaiken focuses his practice on commercial litigation in state and federal courts, probate and inheritance disputes, and bankruptcy litigation.

For over 36 years, David has provided lean, highly strategic advocacy for businesses, fiduciaries, professionals, and heirs facing critical financial and legal turning points. By deliberately avoiding the administrative bloat and multi-lawyer overhead of massive firms, he ensures his clients receive direct, partner-level representation tailored to right-sized, high-leverage disputes.

Primary Areas of Focus

Commercial & Business Litigation

The core of David’s practice is representing closely held businesses, co-owners, partners, LLC members, professionals, and commercial borrowers in high-stakes state court disputes. His work spans ownership breakups, critical contract disputes, and business liability matters.

  • Partnership Breakups and Business Divorces
  • Shareholder Oppression and Freeze-Outs
  • Fraud, Breach of Contract, and Unfair Trade Practices (CUTPA)
  • Breach of Fiduciary Duty and Business Torts
  • Asset-Based Loan Transactions (representing commercial borrowers)
  • Bankruptcy Litigation, Insolvency Fraud, and Successor Liability

David maintains an active practice representing commercial parties, fiduciaries, creditors, and affected individuals in sophisticated insolvency disputes and adversary proceedings in bankruptcy court.

  • Fraud Litigation in Corporate and Large Individual Bankruptcy Cases
  • Fraudulent Transfer Defense and Preference Defense
  • Defense of Objections to Proofs of Claims
  • Please note: This practice is focused on litigation within the insolvency context; David does not file bankruptcy petitions for consumer debtors.

Probate, Will & Inheritance Litigation

David represents heirs, beneficiaries, and fiduciaries in substantial estate disputes where the individual financial stake in controversy justifies the dedication of hourly litigation resources.

  • Fiduciary Litigation (Prosecuting and defending claims against executors, trustees, and estate administrators)
  • Will Contests (Undue Influence and Lack of Capacity)
  • Targeted Trust Disputes
  • Please note: This practice is focused on probate and trust litigation. David does not administer probate estates.

Professional License Defense & Regulatory Hearings

David represents licensed professionals facing high-stakes disciplinary actions and enforcement proceedings before state administrative and regulatory bodies.

  • Defense of professional license discipline cases before the Connecticut Department of Consumer Protection (DCP) and other state regulatory agencies.
  • Please note: This administrative practice is tailored to licensed professionals and does not include routine consumer or home-improvement contractor disputes.

Commercial Arbitration Experience

In addition to his work as a courtroom advocate, David brings deep adjudicative insight to his practice, having served for more than 20 years as a commercial arbitrator. He utilizes his extensive experience evaluating evidence and contract disputes from the finder-of-fact perspective to build sharper, more effective trial strategies for his litigation clients.

  • American Arbitration Association (AAA) – Member of the National Panel of Arbitrators, presiding over dozens of complex commercial and consumer disputes.
  • American Dispute Resolution Center (ADRC) & NAM (National Arbitration and Mediation) – Serving as a designated neutral panelist for private commercial disputes.

Practice Model & Case Fitting

To deliver the highest level of personal attention and cost-efficiency, David’s practice is structured around targeted, focused disputes rather than document-massed, multi-volume litigations.

Engagement Criteria & Firm Referrals

To ensure the right fit for our firm's resources, please note our intake guidelines for specific matters:

  • Personal Injury: While David does not personally handle personal injury claims, these cases are actively reviewed and handled by one of his law partners within the firm.
  • Out-of-Scope Matters: Our firm does not handle civil rights litigation, criminal law, consumer disputes, or consumer/debtor bankruptcy filings.
  • Document Constraints: We do not accept mass-document litigations requiring extensive associate-level review (such as cases exceeding 100 boxes of discovery).

Peer Recognition & Credentials

David’s commitment to legal excellence and ethics has been consistently recognized by his peers and the premier legal directories in the United States:

  • Super Lawyers – Recognized for his work in Business Litigation.
  • Martindale-Hubbell – Holds the highest possible peer-review ratings (AV-Preeminent) for legal ability and ethical standards.
  • Best Lawyers in America – Peer-selected for inclusion in Commercial Litigation and Bankruptcy/Creditor Debtor Rights.
  • FindLaw – Listed as a premier business litigation resource in Connecticut.

Bar Admissions

  • State of Connecticut
  • U.S. District Court, District of Connecticut
  • U.S. Court of Appeals, Second Circuit

Education

  • University of Connecticut School of Law, J.D., with honors
  • Swarthmore College, B.A.

Shipman, Shaiken & Schwefel LLC

2 Best Lawyers awards

Shipman, Shaiken & Schwefel LLC logo

Overview

  • University of Connecticut, J.D., graduated 1987
  • Swarthmore College, BA, graduated 1982
  • University of Connecticut, J.D., graduated 1987
  • Swarthmore College, BA, graduated 1982

Client Testimonials

David Shaiken represented our firms and principals in a complicated, real estate workout. He quickly grasped the inter-relationship of the companies and principals, defined the legal issues, and achieved an outcome that exceeded our expectations. In our experience, David's knowledge of his practice area is encyclopedic and his ability to negotiate a favorable outcome for his client in difficult circumstances is astonishing. We recommended David to a number of our professional peers, and to other law firms with which we do business that do not possess David's skill set. I don't believe we could have found a better attorney or gotten a better result.

We engaged David Shaiken to represent us in a complicated land development/ financial matter involving a regional lender. Our firm, and I soon discovered of a number of our peers, were subjected to what David held were unfair commercial business practices. David quickly and effectively convinced that lender that it would be in its interest to avoid litigation and settle our matter. Within days, the matter was favorably resolved. In more than 25 years in the land development business, during which time we were continuously litigating to obtain entitlement rights, David Shaiken was the most competent and effective attorney with whom our firms ever worked.

Greg Pinto (Capstone Builders, Inc.)

Fort Meyers, FL

I've dealt with a good number of attorneys throughout my 30 year professional career and David Shaiken is one of the best. He was extremely responsive and gave good advice that was truly in my best interest. He represented me in a very complicated and at times bizarre case and navigated the complexities and oddities in an astute and economic manner. I strongly recommend David.

Awards & Focus

Recognized in The Best Lawyers in America® 2026 for work in:
  • Commercial Litigation
  • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
Additional Areas of Practice:
  • Closely Held Companies and Family Businesses Law
  • Litigation - Trusts and Estates
  • Litigation - Bankruptcy
  • Arbitration
  • Administrative / Regulatory Law

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