David Eaton has over 40 years of experience representing debtors, financial institutions, bondholders, unsecured creditors and committees, in financial restructuring matters, and bankruptcy planning, negotiation and litigation. He also represents purchasers of financially troubled companies. He has played major roles in innumerable high-profile workouts, reorganizations, acquisitions and divestures of stressed businesses. David also has a broad perspective on cross-border deals, drawing from his unique experience in investment banking and turnaround consulting.

David has been recognized as a leading lawyer in Chambers USA, America's Leading Lawyers for Business, which commended him as "an outstanding and highly effective lawyer." Chambers also noted that Mr. Eaton is widely thought of as "a lawyer who delivers every single time" and "an esteemed and skillful attorney," with a "deeply practical and no-nonsense" style. David was also described as "a favorite with clients who are appreciative of his 'technical expertise and responsiveness'" by The Legal 500 U.S. Mr. Eaton has also been recognized by Illinois Super Lawyers and Chambers Global, The World's Leading Lawyers for Business.


Thought Leadership


Author: “Reconciling “Additional Assistance” with “Appropriate Relief” in Ch. 15,” ABI Journal, 2017

Author: “Overview of Chapter 11 of the United States Bankruptcy Code,” The Definitive Guide to Distressed Debt and Turnaround Investing (second edition), 2010

Editor, Norton Bankruptcy Law & Practice: Retiree Benefits, West Group 2004, 2005

Author: “China’s New Enterprise Bankruptcy Law,” Journal of Bankruptcy Law, 2007

Author: “Disenfranchised and Stalled: Is Justice Delayed Justice Denied,” International Banking and Financial Law Journal, 2007


2011: M&A Advisor: Large Turnaround of the Year (Flying J); M&A Advisor: Large Divestiture of the Year (Flying J)

2010: Institute for Turnaround: Chairman’s Special Commendation for International Turnaround (Sea Containers)

Other Distinctions

Adjunct Professor, "International Bankruptcy," University of Illinois College of Law


Admissions & Qualifications

  • 1978Illinois


  • University of Illinois College of LawJ.D.1978

    Dean’s List

    Harno Scholar Public Defender Program

  • University of MichiganB.A.1974

    Honors College

    Editor, Michigan Undergraduate Journal of Economics