David specialises in major corporate transactions and managing legal issues and projects across a range of jurisdictions.
His in-depth experience of corporate and commercial law are complemented by management and leadership skills and an appreciation of corporate and boardroom strategy.
David has acted for a number of major New Zealand corporates on general corporate work, acquisitions and divestments, advises on boardroom issues and directors’ duties, and companies involved in friendly and hostile public company takeovers. He has acted as lead partner on a number of public company listings on the New Zealand Stock Exchange and markets elsewhere including London's AIM.
He is a member of the Takeovers Panel, which acts as the regulator of the corporate takeovers market and has an important role in assisting the government to achieve its goals by ensuring transparent and equitable takeovers processes. David is also a member of the New Zealand Markets Disciplinary Tribunal, the body which adjudicates on breaches of NZX listing and participant rules, and the Capital Markets Disclosure Review Panel of the Financial Markets Authority. He has previously been a member of the Market Surveillance Panel of the New Zealand Stock Exchange and a member of the Legal & Advisory Board of the NZX.
David has extensive in-house counsel experience and perspective, as he was the General Counsel and Company Secretary of Carter Holt Harvey Limited for four years, at a time when it was one of New Zealand's largest listed companies.
David is ranked as a leading individual in Chambers Asia Pacific 2014 which quoted a client as saying: “If I was recommending for a takeover I would ask if David Flacks was available”. Previous editions note that David earns praise for “his ability to manage large corporate transactions” and is recommended for “his commercial law acumen.” The IFLR 1000 2014 noted praise for David by clients who said it was “great working with David and his team, they are exceptionally good with good client interaction. ‘Rolls Royce- type’ quality.” David is recommended for his corporate and M&A work in Asia Pacific Legal 500 2015.
BA, MA, St John's College, University of Cambridge
1979 England and Wales (non-practising)
1985 New Zealand