David Gossett

South Carolina

Maynard Nexsen
104 South Main Street
Suite 900
Greenville, SC 29601

Tel: (864) 282-1123

Email: dgossett@nexsenpruet.com
Web: www.nexsenpruet.com

David Gossett is Senior Counsel in the Greenville, SC office of Maynard Nexsen, where his practice is focused on representing lending institutions that provide financing that fuels America’s economy, including some of the larger agribusinesses in the country.

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.

In 2015, David mobilized and now chairs the firm’s Agribusiness Industry Team. The team includes all disciplines, ranging from permitting, immigration, financing, economic development and real estate, to name a few. Maynard Nexsen helps represent growers, producers, processing and marketing facilities, and other areas within the sphere of agribusiness. Maynard Nexsen is one of very few firms in the Southeast to have an organized industry team dedicated to the needs of agribusiness clients.

David leadership and innovative thinking are crucial not only to Maynard Nexsen, 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.

Recognitions

  • Recognized by TALK Greenville Magazine, Top Lawyers, 2022
  • Recognized by Chambers USA, Corporate/M&A: Banking & Finance, South Carolina 2016-2022 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
  • 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

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.

Our transactional finance lawyers have a broad depth of experience representing financial institutions and other creditors across a wide range of debt financing vehicles throughout the deal cycle, including the following:

  • middle market commercial and industrial financings;
  • asset-based lending;
  • agricultural lending;
  • syndicated credit facilities;
  • real estate finance transactions;
  • construction and project financings;
  • mezzanine financings;
  • structured financings;
  • bond transactions (public, private and direct purchase by financial institutions);
  • small business lending; and
  • lease financings.

Maynard Nexsen’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.

Maynard Nexsen is a multi-specialty business law firm of more than 550 lawyers operating out of 23 offices coast to coast in the United States. The firm offers significant advantages to clients in terms of outstanding individual lawyers, a depth of talent, and extensive experience in many areas.

At Maynard Nexsen, we are focused on our clients, our people, and our communities. Our approach to service encompasses a spirit of collaboration and innovation that only happens when relationships are built on mutual understanding and shared expectations.

Maynard Nexsen professionals serve clients in multiple industries and areas of practice, but we know our work plays a larger role in our region. Our attorneys work tirelessly to understand our clients’ goals and help them succeed. We know that successful business can build thriving communities, and we are honored to play a role in that process.