David A. Foraker
David Foraker focuses his practice on bankruptcy, receiverships, foreclosures, out-of-court workouts, and other matters relating to debtor-creditor relationships, as well as business transactional matters in the context of insolvent businesses. David has represented banks and other lenders, loan servicers, landlords, key vendors, asset purchasers, investors, creditors’ committees, receivers, insurance companies, and other parties affected by financially troubled businesses across a broad spectrum of industries. He has been listed in Oregon Super Lawyers for bankruptcy and creditor/debtor rights since 2006, including as a Top 10 Oregon Super Lawyer.
Bankruptcy and Creditors’ Rights Plus
Represented lender in connection with the enforcement of loans totaling more than $37 million in connection with the foreclosure of private university campus properties located in Portland, Oregon, and in Boise, Idaho.
Represented special servicer of $31.5 million securitized loan in connection with the foreclosure and acquisition of the retail mall located in downtown Salem, Oregon, commonly known as Salem Center.
Represented multiple landlords in chapter 11 case concerning Mattress Firm and certain of its affiliates.
Represented publicly-traded temporary workforce company that provided workforce solutions to Sears in its chapter 11 case.
Represented ex-wife in connection with her unpaid claims for spousal support and equalizing judgment in her ex-husband’s chapter 11 case.
Represented agricultural lender in connection with the enforcement of $11 million secured loan that was restructured in borrowers' chapter 11 case in judicial and nonjudicial foreclosure of farm properties, livestock, farm equipment, and related collateral.
Represented general receiver in state court receivership concerning 15 insolvent investment companies that owe their investors more than $75 million.
Represented chief restructuring officer for a national senior living provider in a federal court receivership that resulted in a sale transaction for nearly $1.5 billion.
Represented plywood and veneer manufacturer in documenting and collecting on $27 million mediated settlement of disputes arising out of a breach of contract.
Appointed to serve as the future claimants representative for unknown and minor abuse victims in the chapter 11 case concerning the Roman Catholic Archdiocese of Portland and to serve as the examiner in the chapter 11 case concerning the owner of the multipurpose arena in Portland originally known as the Rose Garden.
- Oregon State Bar Association
- Debtor-Creditor Section Executive Committee, 2004, 2015-2016
- Debtor-Creditor Section Subcommittee on Local Bankruptcy Rules, 2007
- Debtor-Creditor Newsletter, Editorial Board Member, 1986-present
- American Bar Association, member
- Northwest Bankruptcy Institute Planning Committee, 2001-2003, 2015-2017
- Turnaround Management Association, Northwest Chapter, member
- American Bankruptcy Institute, member
- Selected for inclusion as an Oregon Super Lawyer, 2006-present
- Top 10 Oregon Super Lawyers, 2016
- Top 50 Oregon Super Lawyers, 2013-present
- Selected for inclusion in The Best Lawyers in America® (Portland, OR)
- Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2014-present; “Lawyer of the Year,” 2017
- Commercial Transactions/UCC Law, 2021-present
Outside the Office
David enjoys playing ice hockey, hiking, and kayaking.