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About Mr. David E Leta

Mr. David E Leta is a lawyer practicing bankruptcy and reorganization, commercial litigation, europe and 7 other areas of law. David received a B.A. degree from State University of New York at Binghamton, Harpur College in 1973, and has been licensed for 50 years. David practices in Salt Lake City, UT.

Awards

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Services

Areas of Law

  • Commercial Litigation
  • Health Care
  • Other 8
    • Bankruptcy and Reorganization
    • Europe
    • Foreclosure and Collection
    • Franchise Services
    • International
    • Non-Profit Law
    • Receiverships
    • Corporate / Incorporation

Practice Details

  • Representative Cases & Transactions
    Cases
    Representative Experience: Major Engagements: Lead counsel for largest senior secured creditor (claims exceeding $100M) in Chapter 11 bankruptcy of debtor company involved in media advertising.
    Lead local bankruptcy counsel in the successful asset sale
    reorganization of a large open pit copper mine in southern Utah that resulted in a significant dividend to general unsecured creditors.
    Lead counsel for Utah sports equipment vendors with reclamation
    unsecured claims in large, national Chapter 11 bankruptcy of sporting goods retail company.
    Lead counsel to the Committee of Unsecured Creditors in the reorganization of the largest dairy operation in Utah
    Lead bankruptcy counsel to a consortium of senior secured creditors with liens against one of the largest tar s
    s processing facilities in Eastern Utah
    Lead counsel in prosecuting
    defending $100M+ preference, fraudulent transfer
    equitable subordination claims
    Lead counsel in complex claims litigation involving multi-million dollar intellectual property rights as assets of the bankruptcy estate
    Lead counsel to Unsecured Creditors' Committee in connection with multi-state real estate sales agent franchise business
    Lead counsel to creditors in connection with prosecution
    defense of their claims, as well as purchase by them of business from the estate
    Lead counsel to senior secured creditors in prosecuting
    defending $60M+ claims secured with debtor's assets, as well as negotiation, drafting
    consummating settlement
    sale of the claims to third-party buyer
    Lead counsel to largest unsecured creditor in prosecuting non-dischargeability complaint against individual debtor,
    assisting the Chapter 7 Trustee to investigate, prosecute
    recover possible fraudulent transfers from third parties
    Lead counsel to senior secured lender in pursuing remedies against debtor
    its assets,
    in negotiating plan terms
    Lead counsel to lender in judicial foreclosure action involving complicated SWAP litigation
    Lead counsel to largest supplier of inventory in large, multi-state residential security system bankruptcy case
    related proceedings
    Lead counsel to debtor's largest secured creditor in obtaining appointment of receiver
    collection of amounts due under defaulted loan secured with over $250M in distressed credit card receivables
    Lead counsel to largest secured creditor of fabrication business in obtaining appointment of a receiver, in selling assets
    in collecting collateral
    Lead counsel to largest secured creditor in pending judicial foreclosure action involving complicated title issues on unfinished commercial real estate development
    Counsel to largest, senior secured creditors to advance
    prosecute senior secured claims,
    to recover collateral in the pending Chapter 11 bankruptcy cases, including resolution of complicated plan terms involving development of large tar s
    s resources project
    Lead counsel to largest secured creditor in connection with post-nonjudicial foreclosure deficiency action, with complicated issues involving water shares separate from real property assets
    Lead counsel to largest senior secured creditor in complicated tiered lending arrangement involving multiple loans
    real estate assets
    Lead counsel to lender in judicial foreclosure
    collection of multi-million dollar claim secured with real property assets in Southern Utah
    Counsel to senior secured lender in large, multi-affiliate bankruptcy proceeding involving secured
    unsecured claims against one of the debtor's affiliates
    Lead counsel to senior secured creditor in bankruptcy
    post-bankruptcy foreclosure in connection with incomplete casino project in Las Vegas
    Lead counsel to senior creditors
    shareholders in bankruptcy
    post-bankruptcy proceedings to enforce claims
    acquire data center business
    Lead counsel to senior secured creditors in multi-state rental car business bankruptcy proceeding, including defense of lender liability claims
    Special counsel to Chapter 7 Trustee to prosecute multi-million dollar fraudulent transfer claims arising out of the pre-petition purchase of debtor's life settlement contracts
    General bankruptcy counsel to large developer of golf
    residential properties
    Lead counsel to governmental agency in bankruptcy action involving over 1400 acres of environmentally sensitive development property
    Lead counsel to owners in connection with resolution of actual
    contingent liabilities arising out of failed casino businesses, including negotiation of complicated plan terms that were largely based on tax considerations
    Lead counsel to senior secured creditor in connection with bankruptcy case of large regional tractor
    trailer dealership
    Lead counsel to largest senior secured creditor in connection with Chapter 11 bankruptcy case of large regional construction equipment rental business
    Lead counsel to largest senior secured creditor in connection with bankruptcy case of large Southern California construction equipment rental business
    Counsel to Unsecured Creditors' Committee in Chapter 11 bankruptcy case involving large failed real estate development
    Counsel to individual business debtor in a Chapter 7 bankruptcy case involving complicated dischargeability issues under DOMA
    the definition of 'spouse' in the bankruptcy code
    Counsel to individual debtor in complicated bankruptcy case involving tax, trust
    fraudulent transfer issues
    Counsel to buyer in connection with matters related to the acquisition of large copper processing
    mineral assets
    Counsel to licensor in connection with complicated, multi-state license dispute, including dispute with bankruptcy estate of prior licensor
    Lead counsel to credit card processing company in connection with security interest, reserve account
    chargeback claims under merchant agreement of a bankrupt credit card merchant
    Counsel to senior secured lender in connection with failure to three separate hotel properties on public l
    leases
    Lead counsel to lender in pursuit of a multi-million dollar deficiency judgment related to mega-home in Alpine, Utah,
    defense of various claims asserted against lender arising out of the transaction
    Lead counsel to large secured
    unsecured creditor in pursuing
    collecting claims against individual debtor entrepreneur with over $70M in liabilities,
    involving complicated jurisdictional issues of exemptions, absolute priority rule, nondischargeability
    plan terms

Experience

  • Bar Admission & Memberships
    Admissions
    1976, Utah
    1976, Supreme Court of Utah
    United States Supreme Court
    United States Tax Court
    United States District Court, District of Colorado
    United States Court of Appeals, Ninth Circuit
    United States Court of Appeals, Tenth Circuit
    United States District Court, District of Utah
    Memberships

    Professional Memberships and Activities

    •American College of Bankruptcy, fellow (2003-present)
    •Former Director, American College of Bankruptcy Foundation
    •Former Member, Pro Bono Committee of the Foundation
    •Member, Senior Fellows Committee
    •American Bankruptcy Institute
    •Rocky Mountain Bankruptcy Conference
    •Advisory Board (2008-2015)
    •Chair (2004-2008)
    •American Bar Association
    •Litigation Counsel of America, fellow (2014-present)
    •Salt Lake Chamber of Commerce, Leader Utah Program Member (2018)
    •State Bar of Utah
    •Fund for Client Protection Committee
    •Bankruptcy Section, Organizer and First Chairman
    •Bar Exam Grader - UCC questions
    •Utah Licensed Paralegal Practitioners - Examination and Testing Standards Committee for Debtor-Creditor specialization
    •New Lawyer Mentor Program, Mentor
    •Utah Bankruptcy Lawyers Forum, Organizer and Initial Trustee
    •University of Utah College of Law, Adjunct Professor of Commercial Law (1978-1982, 2012-2017)
    •University of Miskolc Law Department, Visiting Professor, Miskolc, Hungary (Fall 2006)

    Bar Fellowship
    (2003-present)

    •American Bankruptcy Institute

    •Rocky Mountain Bankruptcy Conference

    •Advisory Board (2008-present)

    •Chair (2004-2008)

    •American Bar Association

    •State Bar of Utah

    •Bankruptcy Section, Organizer and First Chairman

    •Utah Bankruptcy Lawyers Forum, Organizer and Initial Trustee

    •University of Utah College of Law, Adjunct Professor of Commercial Law (1978-1982; 2012-present)

    •University of Miskolc Law Department, Visiting Professor, Miskolc, Hungary (Fall 2006)

  • Education & Certifications
    Law School
    University of Utah College of Law, nka S.J. Quinney College of Law
    J.D.
    1976 Editorial Board

    University of Utah College of Law, nka S.J. Quinney College of Law
    J.D.
    Law Review

    University of Utah College of Law, nka S.J. Quinney College of Law
    J.D.
    Order of the Coif

    University of Utah College of Law, nka S.J. Quinney College of Law
    J.D.
    Phi Beta Kappa
    Other Education
    State University of New York at Binghamton, Harpur College
    Class of 1973
    B.A.
    with highest honors
  • Personal Details & History
    Age
    Born in 1951
    Rochester, New York, June 9, 1951
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