Danny David

Partner

danny.david@bakerbotts.com

Houston

P: +1.713.229.4055 F: +1.713.229.2855
Danny David Photo

Danny David is a partner in the firm’s Securities and Shareholder Litigation Practice group, skilled in M&A litigation and other fiduciary duty cases before the courts of Texas and Delaware. Since 2009, Mr. David has worked on litigation related to over 50 mergers with an aggregate transaction value of over $150 billion. In 2010, Mr. David was selected by Law 360 as one of the top 10 lawyers in the nation under the age of 40 in the area of securities litigation and was selected as one of Houston Business Journal’s “40 under 40.

Prior to joining the firm, Mr. David was an associate with McKinsey & Company, where he focused on issues relating to corporate strategy for clients in the energy industry.

Related Experience

Merger Class Actions

  • Defense of Frontier Oil and its directors in class actions challenging Frontier’s merger with Holly Corporation. Mr. David argued the case before the Fourteenth Court of Appeals (Kazman v. Frontier Oil Corp., 398 S.W.3d 377 (Tex. App.--Houston [14th Dist. 2013]), no pet.)
  • Defense of Titanium Metals Corporation and its inside directors in litigation challenging its acquisition by Precision Castparts
  • Defense of TPC Group and certain of its directors in shareholder suits challenging TPC’s acquisition by two private equity firms
  • Defense of NRG Energy, Inc. in shareholder suits challenging its merger with GenOn and a prior proposed acquisition of assets
  • Defense of Allis-Chalmers and its directors in class actions challenging Allis-Chalmers’ merger with Seawell
  • Defense of United Airlines in class action lawsuits challenging United’s merger with Continental
  • Defense of Perot Systems and its directors in a shareholder class action seeking to enjoin Perot Systems’ merger with Dell
  • Defense of EGL, Inc. in class action and derivative litigation over the company’s proposed going private transaction and its ultimate acquisition by a private equity firm (Somers v. Crane, 295 S.W.3d 5 (Tex. App.--Houston [1st Dist. 2009], pet. denied))
  • Defense of founders, directors, and largest shareholders of Tanox, Inc. in class action litigation over Tanox’s merger with Genentech
  • Defense of a Special Committee of the Board of Directors of Chaparral Resources, Inc. at trial in the Delaware Court of Chancery arising from its acquisition by a controlling shareholder

Derivative Actions

  • Defense of Platinum Partners in derivative litigation concerning its investment in oil and gas company; successive cases for breach of fiduciary duty were dismissed
  • Representation of the Special Litigation Committee of Lufkin Industries in connection with a derivative suit challenging its merger with General Electric
  • Defense of Imperial Sugar and its directors in derivative suits challenging its acquisition by Louis Dreyfus
  • Representation of Titanium Metals and its directors in derivative suits challenging related party transactions
  • Representation of the CEO and other senior executives of Landry’s Restaurants, Inc. in litigation and investigation relating to options
  • Representation of Special Litigation Committee of Meridian Resources in a derivative action relating to its merger with Alta Mesa Holdings
  • Representation of ICO in a derivative action relating to its merger with A. Schulman
  • Defense of Baker Hughes Incorporated along with its current and former officers and directors in a series of derivative cases in state and federal court arising out of the Company’s 2007 FCPA settlement, with all cases being dismissed

Other Securities Matters and Corporate Investigations

  • Defense of Credit Suisse and Deutsche Bank in $13 billion fraud and tortious interference suit brought by Huntsman Corporation over Huntsman’s failed merger with Hexion, described as the “trial of the year” in 2009
  • FCPA investigations for oilfield services companies involving multiple issues in several countries
  • Defense of multiple CEOs concerning various FCPA and insider trading matters
  • Representation of companies in connection with FINRA/OSRA regulatory matters
  • Defense of broker-dealers in FINRA and NASD arbitrations
  • Internal investigation followed by self-reporting on behalf of an international manufacturer

Awards & Community

Recognized in Litigation: Securities-Texas by Chambers USA, 2016 & 2017

Recognized in Legal 500 U.S., 2016, in M&A: Litigation: Defense

Recognized as One of the Top 10 Lawyers Under 40 (Rising Star) by Law360 in Securities, 2010

Identified by Houston Business Journal, as a "40 under 40" for leadership in the community, 2010

Recognized by Benchmark Litigation as a leading litigation lawyer in the area of class action and complex commercial litigation, 2009

Selected for membership of Texas Bar Foundation, 2010

Recognized as a Texas Super Lawyer - Rising Star, (Thomson Reuters), 2007-2009, 2011, 2013, 2014 & 2015

Listed among "Lawyers on the Fast Track" by H Texas in 2004

News

Publications, Speeches & Presentations