David N. Saponara

Mr. Saponara represents business clients of all shapes and sizes across a variety of industries, including finance, healthcare, retail, real estate, construction, and hospitality. He guides clients through every stage of litigation and arbitration, beginning with conducting pre-suit investigations and evaluations, continuing through discovery and motion practice, and concluding with trial and appeal. Throughout the litigation and arbitration lifecycle, Mr. Saponara works collaboratively with clients to help them achieve their objectives.

Mr. Saponara’s practice involves representing owners of closely held businesses in a wide spectrum of “business divorce” situations, ranging from amicable negotiated separations to highly contested expulsions. Mr. Saponara leverages his commercial law experience and works collaboratively with the firm’s corporate attorneys to help clients navigate these challenging circumstances.

Mr. Saponara’s experience also involves guiding clients through difficult situations in bankruptcy proceedings and out-of-court restructurings. He has represented creditors and other parties in interest in large, complex chapter 11 bankruptcy proceedings such as Sears, The Weinstein Company, Dean & DeLuca, Centric Brands, Global Brands Group, J.C. Penney, and Brooks Brothers. He also lends support to the firm’s transactional attorneys to advise on bankruptcy issues that arise in deal structuring. Whether the issues involve a client’s own financial difficulties, or those of an important customer, supplier, or business partner, Mr. Saponara utilizes his bankruptcy and restructuring experience to achieve efficient results in each representation.

Before joining Kudman Trachten Aloe Posner LLP, Mr. Saponara was an associate at a boutique bankruptcy firm, where his practice focused on bankruptcy litigation and representing debtors, creditors, and other parties in interest in chapter 7 and chapter 11 bankruptcy proceedings.

Breaking Up Can—But Doesn’t Have to—Be Hard to Do: A Primer on Preparing for a Business Divorce, ABA Business Law Today, Feb. 18, 2022

Note, Lien Stripping in Consumer Bankruptcy: Debtors Cannot Strip Liens Down Partially, But Can They Strip Them Off Entirely? The Answer Should Be No, 21 Am. Bankr. Inst. L. Rev. 257 (2013)

Bankruptcy Courts’ Power to Recharacterize Debt Claims as Equity, 4 St. John’s Bankr. Res. Libr. No. 23 (2012)