“David adds great expertise and depth to our bankruptcy practice, particularly in the South Florida market,” said Donald R. Kirk, chair of the firm’s Bankruptcy and Creditors’ Rights practice. “His experience in creditors’ representation and insolvency-related litigation makes him a vital part of our team.”
Steven J. Brodie, Carlton Fields’ Miami office co-managing shareholder, added, “By adding David, Carlton Fields continues its strategic growth in key markets and industries. It’s great to have David join our roster of recent quality laterals in Miami.”
Gay focuses his practice on bankruptcy and creditors' rights, corporate reorganizations and restructurings, and commercial litigation. He represents debtors, creditors, financial institutions, trustees, and creditor committees in Chapter 11 reorganizations and Chapter 7 liquidations, as well as in fraudulent transfer actions, preference actions, and litigation against directors and officers. As an experienced litigator in federal and state courts, Gay is known for his strategic approach throughout all phases of commercial litigation, from pre-litigation consulting to post-judgment collection to appeals. He also has significant experience in business planning and advisory matters, insolvency and restructuring matters, shareholder and partnership disputes, real property disputes, and collection matters.
Gay served as general counsel to the trustee in the Rothstein, Rosenfeldt & Adler law firm Ponzi scheme case, reported to be the largest in Florida history. The case involved more than 100 adversary proceedings and related litigation and resulted in recoveries sufficient to pay all general unsecured claims in full. Gay also was counsel for a large grocery chain and 23 affiliated companies in the successful restructuring of more than $2 billion in liabilities.
“I am excited to join Carlton Fields and its exceptional litigation and bankruptcy and creditors’ rights practice,” said Gay. “I look forward to furthering the firm’s renowned client service and national platform.”
Gay is an active member of the Business Law Section of The Florida Bar, serving on a number of committees, including The Florida Bar Committee studying revisions to Florida’s Uniform Fraudulent Transfer Act.
Prior to attending law school, Gay served as a Military Intelligence Officer in the United States Army. He earned his J.D., cum laude, from the University of Florida Levin College of Law and his B.S.B.A. in Finance from the University of Florida.
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