Based in Dallas, David Wallace, General Counsel, oversees Trigild’s entire legal team, handling court-ordered receiverships for commercial, multi-family, convenience and gas, hospitality and other asset classes across the nation. He also resolves distressed loans and preserves assets as a court-appointed fiduciary – leading the legal team in fiduciary assignments in bankruptcy, state, and federal courts.
With experience in workouts related to both CMBS and balance sheet loans, as well as transactions involving private equity, REITs, and sovereign wealth funds, Wallace also leads a team of real estate asset managers, property managers, property accountant and accounting and law firms in the bankruptcy liquidation of a $1.6 billion real estate portfolio. That portfolio includes more than 100 companies with equity and/or management interests in 45 commercial and multi-family properties located throughout the country.
Additionally, he has overseen and served as lead counsel in a number of fraudulent transfer actions with ultimate recoveries in the tens of millions of dollars. His experience in bankruptcy courts includes trying a number of adversary proceedings and arguing many contested hearings throughout various jurisdictions across the country. With extensive trial experience, Wallace also prosecuted more than 20 cases to guilty verdicts in jury trials on behalf of the City of Plano, Texas.
Prior to joining Trigild, Wallace worked as a financial analyst and was also an attorney with Fulbright & Jaworski, LLP – representing a broad range of clients in both litigation and transactional matters, as well as a number of master and special servicers in connection with CMBS loan transactions and workouts.
He holds a bachelor’s degree in finance from Texas Christian University and a J.D. from Southern Methodist University.