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Davis Lee Wright
Wilmington Office

1105 North Market Street
15th floor
Wilmington, DE 19801

P: 302-504-7828
F: 302-504-7820

Biography

Davis Lee Wright focuses his practice on bankruptcy and litigation with experience in restructuring and workouts, creditors’ rights, and maritime bankruptcies. He has represented secured and unsecured creditors, creditors’ committees, committee members, trustees and debtors in numerous proceedings under Chapter 7, 11, and 15 of the Bankruptcy Code.

Davis has represented numerous public and private companies in all aspects of their reorganization efforts, including out-of-court restructurings, “prepackaged” bankruptcies and traditional Chapter 11 cases. Recently, he was lead counsel to one of the world’s largest marine fuel suppliers in connection with its bankruptcy proceedings and related litigation. He also routinely counsels clients on the potential impact another entity’s insolvency or bankruptcy may have on prospective and existing, contracts and settlements. Davis also represents clients in non-bankruptcy litigation, including: a yacht owner in a breach of maritime contract action and directors’ breach of fiduciary duty actions before the United States District Court for the District of Delaware and the Delaware Court of Chancery.

Prior to joining Montgomery McCracken, Davis was associated with Skadden, Arps, Slate, Meagher & Flom LLP, where his practice focused primarily on complex bankruptcy and commercial litigation matters. Davis previously served as a law clerk to the Honorable Peter J. Walsh, former Chief Judge of the United States Bankruptcy Court for the District of Delaware, and as a legal extern to the Honorable Joseph J. Farnan, Jr., former Judge of the United States District Court for the District of Delaware.

Selected Representations

  • Counsel to a foreign shipyard regarding duties, obligations, risks, and potential recovery scenarios for USD165,280,000 executory shipbuilding contract following vessel owner’s Chapter 11 bankruptcy filing.
  • Counsel to the Debtors in In re O.W. Bunker Holding North America Inc. in connection with confirmation of their Chapter 11 liquidation plan and counsel to the O.W. Bunker USA Inc. Liquidating Trust in various post-confirmation maritime litigation proceedings, turnover and collection actions, and claims allowance litigations.
  • Co-counsel and Special Counsel to the “E-side” Official Committee of Unsecured Creditors of Energy Future Holdings in its pending Chapter 11 case.
  • Counsel to a former executive of a maritime transportation company (In re TrailerBridge, Inc.), a private university (In re ConnectEdu, Inc.), a leading national CPA firm (In re MF Global Holdings Ltd.), a mechanics’ lien holder (In re Newbury Common Associates LLC), and a product supplier (In re SRC Liquidation, LLC), in connection with the claims allowance process or the defense of alleged preferential or fraudulent transfers.
  • Counsel to the Official Committee of Asbestos Personal Injury Claimants in In re Specialty Products Holding Corp.
  • Special litigation counsel to a large, U.S.-based semiconductor manufacturer in connection with a $450 million administrative expense proceeding involving complex cross-border financial issues relating to a manufacturing foundry agreement.
  • Counsel to a potential acquirer of an oil and natural gas transporter in connection with the development of a competing plan for reorganization and related litigation.
  • Counsel to the largest ethanol producer in the U.S. in connection with its chapter 11 proceeding and related claims allowance and administrative expense litigation.
  • Counsel to a private equity firm in a $5 million preference and fraudulent transfer which resulted in a directed verdict for the client.

Selected Publications

Community Involvement

Davis presently serves as a national officer and a member of the Board of Trustees and the Executive Committee of the National Society of the Sons of the American Revolution.  He is registered as a Unit Commissioner with the Del-Mar-Va Council, Boy Scouts of America and active with The American Legion, Department of Delaware.

Davis is active in pro bono matters, advising directors and officers of several Delaware nonprofit entities with regard to fiduciary obligations and corporate governance requirements and serving as a Child’s Attorney for dependent and neglected children in Delaware.

Honors & Awards

  • Winning Deal Team for Chapter 11 O.W. Bunker Debtors, “Restructuring Deal of the Year (Over $500MM to $1B)”, 11th Annual M&A Advisor Turnaround Awards, 2017
  • Winning Deal Team for Chapter 11 O.W. Bunker Debtors, “Energy Deal of the Year (Over $500MM to $1B)”, 11th Annual M&A Advisor Turnaround Awards, 2017
  • Winning Deal Team for Chapter 11 O.W. Bunker Debtors, “Restructuring Deal of the Year (Over $100MM)”, 15th Annual M&A Advisor Awards, 2016
  • Winning Deal Team for Restructuring of Specialty Products Holding Corp., “Restructuring Deal of the Year (Over $500MM to $1B)” 10th Annual M&A Advisor Turnaround Awards, 2016

        

Professional Activities & Achievements

  • American Bankruptcy Institute
  • Turnaround Management Association
  • INSOL International
  • Maritime Law Association of the United States
  • American Inns of Court, Delaware Bankruptcy Chapter
  • Delaware Bar Association
  • District of Columbia Bar Association

Academic Achievements

Davis received a J.D. degree, magna cum laude, from Villanova University School of Law. While at Villanova Law, he was a managing editor for the Villanova Law Review. Davis also holds a M.B.A. degree from Villanova University and a B.S. degree in Business Administration with a concentration in Accounting from Millersville University of Pennsylvania.