David specialises in banking and finance law and is recognised as New Zealand's pre-eminent derivatives practitioner.

He advises on domestic and international banking and capital markets transactions and the use and regulation of derivative instruments.

His experience has included acting for both borrowers and lenders in transactions involving the provision of debt and equity finance to publicly listed companies, state-owned enterprises and statutory corporations. These transactions include club and syndicated loans, MTN and CP programmes, private equity acquisitions, capital note and hybrid capital instrument issues, and tax-effective structured financing.

He also advises banks, end-users and industry associations on swaps, futures, repos and other derivative instruments, including as the New Zealand counsel to the International Swaps and Derivatives Association, Inc., the International Capital Market Association and The Futures and Options Association, and acting for the New Zealand Bankers' Association in preparing documentation for the banking industry.

Chambers Asia Pacific 2015 ranks David for banking and finance, with the directory stating he is "very well regarded from the regulatory perspective," and is noted for his derivatives expertise. 

He is also highly recommended in banking and finance by Legal 500 Asia Pacific 2015, and named as a leading individual by IFLR1000 2014 and 2013, with one client saying "he is absolutely first class in his approach and in terms of service delivery."


LLB(Hons), BCA, Victoria University of Wellington


1990 New Zealand

International Career

  • Cravath, Swaine & Moore, New York