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David S. Schaffer

Principal

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+1.312.460.4248
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+1.312.460.4200
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+1.312.460.4201
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Education

Harvard Law School, J.D. 1987

The University of Chicago, A.B. 1983

Bar Admissions

Court Admissions

U.S. District Court

  • Northern District of Illinois

U.S. Court of Appeals

  • Federal Circuit

Languages

Dave Schaffer has negotiated and documented a wide variety of complex transactions: mergers, acquisitions, joint ventures, dispositions, securities offerings, financings and workouts.

His varied experience includes:

Acquisitions, Dispositions, Joint Ventures and Mergers

Structuring acquisitions, dispositions and investments in U.S. and international businesses via tender offer, merger, exchange or by purchase of stock and/or assets

Banking and Financial Services

Representing lenders and borrowers in loan and related credit transactions, secured and unsecured, on a term or revolving basis

Representing indenture trustees and collateral agents in registered public offerings and private placements of debt on a worldwide basis

Bankruptcy and Workouts

Advising debtors, creditors, indenture trustees, committees and purchasers in bankruptcy filings and related transactions

Corporate and Securities

Representing issuers, underwriters and institutional purchasers (including pension funds) of corporate debt and equity of all types, in initial, exchange and follow-on offerings, as well as handling periodic and annual SEC filings

Forming and capitalizing private equity funds and joint ventures

Cross-Border Financing

Representing US-based and international banks and private equity funds as conduit issuers in domestic and international securitization transactions and as sponsors of off-shore hedge funds

Health Care

Advising hospitals, medical centers, managed care organizations and physician groups in corporate, employment and regulatory matters

Real Estate

Representing investment funds and investors in the purchase, sale, exchange, leasing and development of real estate assets

Tax Exempt Financing

Representing issuers, underwriters, borrowers and trustees in bond offerings for municipalities, school districts, counties and state authorities 

Representative Matters

Honors

Judicial Law Clerk to Honorable Jack B. Jacobs, Delaware Court of Chancery, 1987-1988

Leading Lawyer in Illinois, Bankruptcy and Workout Law, Commercial Debtor/Creditor, 2004-2009

The University of Chicago, President’s Advisory Conference on the College, 2005

German Marshall Fund of the United States, Marshall Fellowship, 2002

24th American-German Young Leaders Conference, Member, 2002

The Chicago Daily Law Bulletin, 40 Leading Lawyers in Illinois under age 40, 2001

Professional Activities

American Bar Association, Member, Task Force on Mergers and Acquisitions Dictionary, 2003-2005

Lawyers Trust Fund of Illinois, Inc., appointed by The Supreme Court of the State of Illinois, Director, Secretary and Treasurer, 2000-2006

Illinois Department of Financial and Professional Regulation, Hearing Officer, 2003-2006

Civic, Cultural & Social Activities

Dollars and Sense, Inc., Secretary, 2011-2015

The Father Close Fund, Inc., Founder, President and Director, 2011-2013

Mercy Home for Boys and Girls, Member/Secretary, Board of Regents, 1990-2007

The Mission of Our Lady of Mercy, Inc., Director and Secretary, 1991-2006

The Christian Brothers Fund, Inc., Director, Secretary and Assistant Treasurer, 1991-2006

German Marshall Fund of the United States, Fellowship Selection Committee, 2002-2007

Nazareth Academy, Trustee, 2000-2002

Chicago Chapter of The American Refugee Committee, Host Committee, 1999-2002

The University of Chicago, Library Society and Alumni Schools Committee

National Multiple Sclerosis Society, Leadership Council, 2001

Law School of Harvard University, Leadership Conference

Cook County (Illinois) President's Delegation to Egypt and Israel, 1998

Governor's Conference on Housing, State of Illinois, 1991

Speeches

“Navigating Tender Offers and the Regulatory Approval Process in Public, and Private, M&A Deals," 4th Annual Thomson Reuters Midwestern M&A and Private Equity Forum, Chicago, Illinois, May, 2016

"Understanding The Legal Aspects of International Business,"12th Annual Silk Road Conference, sponsored by Central Asian Productivity Research Center, Chicago, Illinois, April, 2016

”Fraudulent Transfer Claims in Bankruptcy Proceedings,” Primerus Symposium, Chicago, Illinois, June, 2012

"Recent SEC Developments in Municipal Finance," Chicago, Illinois, December, 1999

"Tender Offer Financing," Chicago, Illinois, March, 1999

"Initial Public Offerings and Related Matters," Medinah, Illinois, February, 1998.

“How to Acquire and Finance a Business in the United States,” Access North America, Legal Studies and Services Limited Seminar, London, England, July 1993

"Plan for Change" seminar, sponsored by Tucker, Anthony & Co., 1993

“Estate Planning and Charitable Gifts” seminar, sponsored by The Christian Brothers Fund, Inc., 1993

“Legal Issues and Charitable Gifts” seminar, sponsored by The National Conference of Roman Catholic Religious Treasurers, Lewis University, Summer 1991 and 1992 

Publications

“Acquisitions by Foreign Companies: Export Controls and Compliance with Anti-Trust Laws,” published in Navigating Tender Offers and the Regulatory Approval Process in Public, and Private, M&A Deals, 4th Annual Thomson Reuters Midwestern M&A and Private Equity Forum, Chicago, Illinois, May, 2016

“Understanding The Legal Aspects of International Business” course materials, 12th Annual Silk Road Conference, sponsored by Central Asian Productivity Research Center, Chicago, Illinois, April, 2016

Stop, Look and Listen: How to Avoid Getting Hit by the Bankruptcy Train" (Co-author), International Society of Primerus Law Firms, Electronic Newsletter, January/February 2013

Doing Business with Financially Troubled Companies,” American Corporate Counsel Association, Annual Meeting, October 2011

The Benefits of Using Loans to Help an ESOP Buy Shares” (Co-author), The American Banker, October, 2002

Scandals May Prompt Suits from Bondholder Trustees” (Co-author), The American Banker, July, 2002

"United States Tender Offer Financing," Proceedings of the Amsterdam Institute of Finance,  June, 1999

“Emerging Disclosure Issues for Municipal Securities” (Co-author), The Securities Regulation Law Journal, Winter 1997; and Insights: The Corporate & Securities Law Advisor, May, 1996

“Legal Issues in Representing Business Organizations,” Access North America, Legal Studies and Services Limited, London, England, July 1993

“Delaware’s Limit on Director Liability: How the Market for Incorporation Shapes Corporate Law,” Harvard Journal of Law and Public Policy, Summer 1987 

Articles