Oscar David is a partner and chair of Winston & Strawn’s mergers and acquisitions, securities, & corporate governance practice. Mr. David is ranked as a leading Chicago attorney in the Chambers Guide and the firm's practice is also ranked. In addition, the practice is ranked as a “Tier 1” firm in the area of middle market M&A by Legal 500 USA and in the top 20 among law firms for U.S. buyouts (based on volume of deals) by MergerMarket.
He concentrates his practice on public and private mergers and acquisitions, corporate governance, private equity and venture capital, and corporate finance matters. He regularly advises senior executives on sensitive challenges arising in these matters.
His representative clients include Motorola Solutions, Inc., Motorola Mobility, Sony Electronics Inc., Activision Blizzard, The Allstate Company, Fairfax Media Holdings (based in Sydney), CIVC Partners, BDT Capital Partners, Sterling Capital Partners, Waud Capital Partners, Pareto Capital Partners, Egeria (Dutch private equity company), Fulcrum Strategy Partners, Loop Capital Markets LLC, Hopewell Partners Venture Fund, and MBA IQ.
- Under his leadership, Winston & Strawn has represented Motorola Solutions in consummated transactions valued in excess of $60 billion, including the recent $1.1 billion divesture of its wireless network infrastructure business to Nokia Siemens Networks (and associated settlement agreement with Huawei Technologies), $1.1 billion purchase of its equity from Carl Ichan, $3.9 billion Symbol Technologies acquisition, its $300 million equity investment in Clearwire Corporation as part of an aggregate $1 billion investment by Intel Capital and investors, and the $1.6 billion divestiture of its semiconductor components chip group (now known as ON Semiconductor).
- He recently represented Fairfax Media Limited, a public company based in Sydney, Australia, and Farm Progress, a company based in Illinois, in connection with the sale of Farm Progress to Penton Media, a privately held company owned by MidOcean Partners and U.S. Equity Partners II (an investment fund sponsored by Wasserstein & Co., LP.)
- He recently represented CIVC Partners in connection with its significant equity investment in Equipment Transport LLC, a diversified ancillary well site services company, based in Carlisle, PA, that provides critical services supporting the Marcellus and Utica Shale drilling and hydraulic fracturing programs of major exploration and production companies.
- He recently represented Waud Capital Partners in the recapitalization of Maxum Petroleum, a national marketer and logistics company for petroleum products, and in connection with a controlling investment in Maxum by Pilot Flying J (an affiliate of Pilot Travel Centers).
- He recently provided M&A counseling to JPMorgan Chase Bank in connection with its role as administrative agent for a syndicate of banks in a $1.8 billion senior secured revolving credit facility for SXC Health Solutions Corp. used to finance in part SXC's $4.4 billion acquisition, by merger, of Catalyst Health Solutions, Inc.
- He represented Sony Electronics Inc. in its acquisition of Convergent Media Solutions.
- He also has represented venture capital firms and corporate venture investors in more than two dozen venture capital financings as well as various exit transactions.
Mr. David was named by Crain’s Chicago Business to its list of “40 Under 40” rising stars in business, government, and the arts. He is ranked as a leading Chicago attorney in the Chambers Guide. He also was recently selected as a leading attorney by Legal 500 and as one of 15 recommended attorneys in Chicago for corporate finance, mergers and acquisitions, and joint ventures by Global Counsel 3000, which is published by the Practical Law Company. He also is listed in Best Lawyers in Mergers & Acquisitions Law since 2010. In 2002, he was the recipient of the Chicago Project for Violence Prevention’s Annual Corporate Service Award.
Honors and Awards
Mr. David is a member of the Law360 Mergers and Acquisitions Editorial Advisory Board. He serves on the board of directors of Cure Violence (formerly known as the Chicago Project for Violence Prevention). He also has been a guest lecturer at the J.L. Kellogg Graduate School of Management, Northwestern University.
He received his J.D. from the University of Chicago Law School in 1987 and graduated Phi Beta Kappa from George Washington University in 1984.
Speeches and Publications
Mr. David has recently been active in professional speaking, as follows:
- In February, 2013, he served as Moderator for a panel in the Northwestern University Kellogg School of Management Private Equity and Venture Capital Conference. The panel was titled PE Business Development: Relationship Building and the Many Channels of Sourcing, and included 5 leading private equity fund professionals
- In June, 2012, he spoke on a Winston & Strawn panel for clients on the following topic: The JOBS Act: A Landmark Reform to U.S. Securities Laws
- In January, 2012, he spoke on a Winston & Strawn panel for clients on the following topic: An Early Peek at the 2012 Proxies (this was the fourth panel in a four part series with the first three being listed below)
- In November, 2011, he spoke on a Winston & Strawn panel for clients on the following topic: Hot Off the Press! Understanding ISS Policies for the 2012 Proxy Season (featured Patrick McGurn, Executive Director of Institutional Shareholder Services (ISS))”
- In October, 2011, he spoke on a Winston & Strawn panel for clients on the following topic: Shareholder Engagement Strategies for the 2012 Proxy Season
- In October 2011, he presented to a large group of M&A professionals through The Knowledge Congress on the following topic: Avoiding Oral Breach Claims Arising from M&A Discussions
- In September, 2011 he spoke on a Winston & Strawn panel for clients on the following topic: Preparing for the 2012 Proxy Season: Governance and Executive Compensation Strategies
- In June, 2011 he spoke before over 50 public company general counsel as a panelist on the following topic: Three The Hard Way: Managing the General Counsel’s Legal, Fiduciary and Ethical Responsibilities
- In May, 2011, he spoke before a CFO roundtable consisting of public company CFOs on the following topic: Advance Preparation: Unsolicited Acquisition Proposals
- In December 2010, he spoke before a CFO roundtable consisting of public company CFOs on the following 2 topics: Dodd-Frank’s Impact On Non-Financial Institutions; Recent M & A Trends
- In October, 2010 he spoke in Beijing before a group of Chinese companies and M&A professionals on the following topic: M&A in the United States for Chinese Companies
- In October, 2010, he spoke before a group of public and private company senior legal professionals on the following two topics: Is a Special Committee Appropriate when Responding to a Takeover Proposal Involving Board Members with Potential Conflicts of Interest; Preparing your Company for Dodd Frank Whistleblower Provisions