Alexandria, Va. — ABI announces that David Gaffey of Whiteford, Taylor & Preston, LLP (Falls Church, Va.) has been selected as one of ABI’s “40 Under 40,” ABI’s award program that recognizes 40 of the top insolvency industry professionals under the age of 40. The honorees will be recognized at a special ceremony on Dec. 1 at ABI’s 2023 Winter Leadership Conference at the Fairmont Scottsdale Princess in Scottsdale, Ariz.

Gaffey is a partner in Whiteford, Taylor & Preston, LLP’s Business Solutions, Restructuring & Financial Litigation Group. He focuses his practice on bankruptcy and restructuring matters, the purchase and sale of distressed assets, and advising distressed and insolvent companies. Gaffey specializes in representing debtors, secured and unsecured creditors, creditors’ committees, debtor-in-possession financing lenders, trustees and distressed companies in chapter 11 reorganizations, chapter 7 liquidations, out-of-court workouts, involuntary bankruptcies, bankruptcy litigation, and other insolvency and default matters. He received the “Industrial Deal of the Year” award this year by The M&A Advisor and the “Special Situation M&A Deal of the Year” Turnaround Atlas Award by The Global M&A Network for his work representing the debtor-in-possession financing lender and stalking-horse bidder in the sale of Masten Space Systems to Astrobotic Technology, Inc. in In re Masten Space Systems, Inc. He is listed in Chambers USA for Bankruptcy/Restructuring, Virginia for 2022-23, The Best Lawyers in America for Litigation - Bankruptcy for 2022-23, and Virginia Business Magazine as a Bankruptcy/Creditors’ Rights “Legal Elite” for 2021-22. He also has been listed in Virginia Super Lawyers and District of Columbia Super Lawyers as a “Rising Star” every year since 2016 and 2017, respectively. In addition, he was listed in IFLR1000 United States as a “Rising Star Partner in U.S. Restructuring & Insolvency” from 2021-22, and he is a member of the 2018 class of the National Conference of Bankruptcy Judges NexGen Program and now serves on the NextGen Program organizing committee.

“The members of the 2023 class are an inspiration for the commitment, creativity and ingenuity that they demonstrate in both their careers and communities,” said ABI Executive Director Amy Quackenboss. “This diverse collection of honorees is comprised of future leaders that will drive ABI and the insolvency community forward.”

The “40 Under 40” winners are distinguished by professional achievements and service and were selected by a group of experienced professionals from ABI’s current leadership. Now in its seventh year, the goal of ABI’s “40 under 40” award program is not simply to create a one-time ceremony, but to fully engage those selected as future leaders in the insolvency profession and to build on the initiative each year.

Click here to view the full list of the 2023 “40 Under 40” honorees.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.