David Gossett

Firm: Nexsen Pruet
Location: Greenville - SC

  • 104 South Main Street, Suite 900
    Greenville, South Carolina 29601
    USA
  • Tel : 864.370.2211
  • Fax : 864.282.1177

David Gossett’s leadership and innovative thinking are crucial not only to Nexsen Pruet, but also to many of the clients he represents. No matter how daunting an issue, David’s understanding spans beyond just the legal problem at hand: he has a deep understanding of the surrounding environment and of the clients themselves.

David’s law practice is focused on representing lending institutions that provide financing that fuels America’s economy, including some of the larger agribusinesses in the country. He recognizes that without a qualified lender, it is practically impossible for businesses to start, grow or expand.

Because the very nature of economic development and real estate projects involve some element of risk, David’s decades of experience helps him provide perspective and advice that take the worry out of deals, whether they are asset-based, commercial or construction and development loans. When a need arises, David can guide clients through workouts and debt restructuring.

David serves on the board of Greenville S.C.’s Artisphere, one of the top-ranked art festivals in America.

Experience

  • Lead counsel to lender consortium for combined $175,000,000 senior secured loans to group of timberland
    holding companies
  • Lead counsel for syndicated lenders on $85,000,000 senior secured credit facilities to finance health care
    facilities
  • Lead counsel to lending consortium for combined $57,500,000 term and working capital facilities to forest product
    processing companies
  • Lead counsel to lending consortium for $65,000,000 revolving line of credit (asset- based) and $50,000,000 term
    loan to citrus processing and growing companies
  • Co-lead counsel (collateral agent), for syndicated $600,000,000 credit facilities to sugar processing company
  • Lead counsel for lending consortium on $200,000,000 asset-based revolving line of credit to cattle feedlot
    operation
  • Lead counsel for lending consortium on $60,000,000 line of credit for oil and gas exploration entity in Oklahoma
  • Lead counsel to lending consortium for $25,000,000 credit facilities for construction and operation of wood
    processing facility
  • Lead bank counsel for $50,000,000 acquisition line of credit for holding company to purchase target companies
  • Lead counsel for senior secured credit facilities totaling $19,000,000 to flooring products distributor
  • Lead counsel for syndicated credit facilities totaling $70,500,000 to provide term debt and working capital for
    cement manufacturing company
  • Lead counsel for syndicated $27,000,000 senior secured credit facility to pipe manufacturing company
  • Senior counsel to consortium of lenders purchasing $305,000,000 of $1,500,000,000 senior secured term debt
    for multi-state timberlands
  • Lead counsel for lender on $14,765,000 construction loan to finance a technology park
  • Lead counsel to lender for $25,000,000 senior secured credit facilities for term debt, operating capital and
    acquisition funds for heating and air conditioning distribution company
  • Lead counsel for lender on $18,000,000 senior secured credit facilities for wood pellet manufacturing plant
  • Lead counsel for lending consortium on $68,000,000 credit facilities for construction of ethanol production plant Rural America Bond Program

Recognitions

  • Exclusive Featured Attorney Representing Greenville, Premier Banking Lawyers 2022
  • Recognized by Chambers USA, Corporate/M&A: Banking & Finance, South Carolina 2016-2020 and Real Estate,
    South Carolina 2005-2018
  • Listed in Best Lawyers in America for Real Estate Law and Banking and Finance, Since 2010
  • South Carolina Super Lawyers in Banking, Real Estate Law 2012-2018
  • Greenville Business Magazine’s Legal Elite of the Upstate, 2015, 2018 and 2019 in Agriculture and 2022 in
    Agribusiness, Banking & Finance, Corporate Law, Mergers & Acquisitions
  • BTI Client Service All-Star Attorneys 2016

Community & Professional

  • South Carolina Bar
  • North Carolina Bar
  • Palmetto Agribusiness Council – Rural Economic Development Committee

Speaking Engagements

  • Regular Presenter on the standards of conduct and ethical duties for Farm Credit Directors and Employees
  • Faculty Member and Presenter, Regulatory Standards of Conduct and Fiduciary Duties; Directing Positive Change
    Conference, New Orleans, LA; January 2014
  • Faculty Member and Presenter, Legal Issues in Capital Markets Lending, AgFirst Lending Symposium, 2015/2016/2017

Nexsen Pruet

The firm’s finance lawyers understand that our clients are focused on practical results and risk mitigation within the context of the deals we work on.  We are able to provide sophisticated legal and practical advice and service through the entire deal process from initial structuring, through closing documentation, the negotiation and documentation of modifications and, if necessary, restructuring, workout and/or creditor bankruptcy representation.

Nexsen Pruet’s lending clients include national banking associations, specialized lenders, insurance companies, governmental and other regulated lenders, mezzanine finance funds and conduit lenders.

Because of our wide-ranging experience and our ability to allocate our resources and put together deal teams in a thoughtful and efficient manner, we are able to provide top-level legal service with respect to both the most sophisticated transactions and the most straight-forward deals while, in each case, remaining conscious of our clients’ need to control costs and the need to, in every instance, produce outstanding results.

Our finance lawyers are routinely able to, as necessary, take advantage of the firm’s abilities in fields related to various transactions.  As a result, we frequently team with our Public Finance, Creditor’s Rights, Commercial and Construction Litigation, Environmental and/or Economic Development groups to provide focused guidance on specific deal issues.

Whether involving hundreds of thousands or hundreds of millions of dollars, we are able to provide tailored and focused counsel on transactions across a wide variety of financing structures.