David Madden is a seasoned business attorney with significant litigation, transactional, and bankruptcy/restructuring experience and a passion for technology. Known as a problem-solver, clients and colleagues come to him with projects that don’t fit neatly into a box.
David focuses his practice on enforcement of judgments, complex commercial disputes, forming and managing business entities, drafting and negotiating commercial agreements, and representing trustees, debtors and creditors in Chapter 7 and Chapter 11 bankruptcy proceedings.
Significant Engagements
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Successfully obtained sanctions and favorable settlement against publicly-traded national retailer, arising from demolition of building that retailer leased from commercial property developer client.
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Intervened in collection action against judgment debtor to block improper garnishment of business interests belonging to client.
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Successfully resolved suit by county government alleging dozens of ordinance violations against client.
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Drafted and negotiated stock subscription agreement, shareholder agreement and related documents for sale of 49% interest in lead generation business.
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Obtained license for operation of industrial loan company in California.
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Represented client before City Council of Chicago suburb to successfully obtain major zoning variance for commercial property.
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Represented individual debtors in Chapter 11 bankruptcy case, successfully staving off imminent foreclosure and saving the family business and commercial real estate.
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Obtained extraordinary order dismissing Chapter 7 bankruptcy case and barring debtor from re-filing for 2-years; and in subsequent state court case, successfully obtained turnover of securities owned by the debtor.
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Represented trustee of assignment for the benefit of creditors of defunct law firm in successful mediation of fee suit against former client.
Professional Affiliations
- Publication Board, DCBA Brief, the Journal of the DuPage County Bar Association (2009-2011)
- Board of Directors, Chamber of Commerce of Woodridge, Illinois (2009-2010)
- United States Marine Corps Reserve, Corporal, Honorably Discharged (1995-2001)
Publications & Speaking Engagements
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Author, 9 Reasons the Corporate Transparency Act Should Be On Your Radar NOW, LinkedIn.com (July 24, 2023).
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Co-Author, You Sued and Won. Now What? How to Enforce a Judgment in Illinois and Turn It Into Cash, DailyDAC.com (Apr. 28, 2022).
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Co-Presenter, Newbie Litigator School 2021, Part 2, “Enforcement: Post-Judgment Proceedings & Collections 2021”, FinancialPoise.com (Nov. 2, 2021).
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Co-Author, Advertising Section 363 Sales in the Digital Age, The Bankruptcy Strategist (June 2020).
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Author, Corporate Attorney-Client Privilege is in the Hands of the Bankruptcy Trustee, DailyDAC.com (May 28, 2020).
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Author, Acknowledged Estate Planning Documents Are Self-Authenticating Evidence, Illinois Bar Journal (Nov. 2017).
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Author, The Limits of Limited Liability for Corporate Officers, Directors, and Shareholders: Eleven Things You Need To Know, DCBA Brief (Jan. 2009).