David Champoux is a partner in Pierce Atwood's Business Law Practice Group. His practice focuses on business transactions and business entities, including acquisitions and dispositions of businesses (through asset purchase, stock purchase or merger), securities offerings and other financing transactions, structuring and negotiating complex commercial contracts, forming business entities and counseling clients on corporate governance matters and shareholder and other agreements among the entities' owners, and advising clients on compliance with federal and state securities law public disclosure and other requirements.
David practiced as an associate at Sullivan & Cromwell in New York before joining Pierce Atwood.
Recent Experience
David has been the lead attorney on numerous significant transactional and other business matters, including:
- Advising Wright Express Corporation, a publicly traded provider of fuel card services, payment systems and related information services and logistical support, in its acquisition initiatives. David's acquisition work for Wright Express Corporation includes the 2011 acquisition of Florida based Rapid! Financial Services, LLC, a provider of payroll card services to employers. David led the legal due diligence effort, drafted and negotiated the acquisition agreement and related key documents, and oversaw the closing of this asset acquisition
- Representing Fairchild Semiconductor Corporation, a publicly traded semiconductor manufacturer, in its 2011 acquisition of TranSiC, a Swedish developer and manufacturer of silicon carbide bipolar power transistors
- Lead counsel in the sale by Penley Corporation, a seller of plastic cutlery, toothpicks, matches and other consumer products, of substantially all of Penley's assets to Jarden Corporation
- Outside counsel responsible for advising two SEC reporting clients, The First Bancorp, Inc. (a mid coast $1.4 billion asset bank holding company) and Immucell Corporation (a Portland based developer and producer of veterinary products for the dairy and beef cattle industries), in fulfilling their SEC disclosure and other compliance obligations, including compliance with Sarbanes Oxley and Dodd Frank, and other corporate governance matters, such as formulating board and committee policies, addressing stockholder proxy proposals, and developing and implementing shareholder rights plans and bylaw exculpation and indemnification provisions
- Lead counsel to Madison Paper Industries, a paper manufacturer, in the 2010 sale to Brookfield Asset Management of a 15 MW hydroelectric facility located in Winslow, Maine
- Lead counsel (2004 present) to BlueTarp Financial, a provider of card and transactional data services to the building and construction supply trade, in multiple rounds of venture capital led convertible preferred stock financings
Professional Activities
Chair, Business Law Section, Maine Bar Association
Publications
Co-author of the chapter on the Maine securities statute in J. Zimpritch,
Maine Corporation Law & Practice (2d edition, 2004).
Civic Activities
Chair, Committee on Trustees, North Yarmouth Academy Board of Trustees, 2005-present
Member, Board of Directors of the United States Tennis Association/New England, 2009-present
Member, Board of Directors of the Maine Tennis Association, 2007-present