David B. Stratton

David B. Stratton is senior counsel in the firm’s Bankruptcy, Restructuring & Creditors’ Rights practice. He serves a pivotal role in the firm’s practice group, providing sophisticated and trusted counsel on complex issues impacting numerous parties to bankruptcy proceedings, and offering strategic counsel to clients in bankruptcy litigation. A Chambers-ranked, highly regarded lawyer in the bankruptcy bar and throughout Delaware, David advises clients on risk mitigation and strategies to meet their goals. 

David has decades of experience representing a wide variety of clients across diverse industries, including debtors, creditors’ committees, chairmen and members of creditors’ committees, secured and unsecured creditors, landlords, asset acquirers, indenture trustees, appointed trustees and examiners in both Chapter 11 and Chapter 7 cases, and many other parties-in-interest as both lead and co-counsel in Bankruptcy Courts in the District of Delaware and other jurisdictions throughout the country. In addition, Stratton has significant experience representing clients in bankruptcy litigation matters. Stratton also himself serves as an appointed trustee in complex bankruptcy cases. His extensive experience includes representing clients in cases involving many industry sectors, including retail, technology, health care, manufacturing, transportation, production companies, banking, construction, retail, and service businesses.

Prior to joining Pashman Stein, David was senior counsel at Whiteford, Taylor & Preston LLC; previously he was a partner at Troutman Pepper and its predecessors for more than 30 years.

An active attorney in the bankruptcy bar, David is a Fellow of the American College of Bankruptcy.

Honors & Recognitions

• Selected for inclusion in the list of Chambers USA: Bankruptcy/Restructuring, Delaware, 2003–2023, and in the distinguished category of Senior Statespeople, 2024
• Selected for inclusion in the list of Best Lawyers, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, Wilmington DE Area, 2006-2025
• Selected for inclusion in the list of Delaware Super Lawyers, 2007-2023

Chambers USA ranking list is published by Chambers & Partners. A description of the selection methodology can be found at https://chambers.com/about-us/methodology.

The Best Lawyers list is issued by BL Rankings, LLC of the selection methodology can be found at https://www.bestlawyers.com/About/MethodologyBasic.aspx.

The Super Lawyers list is issued by Thomson Reuters. A description of the selection methodology can be found at http://www.superlawyers.com/about/selection_process.html.

No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

Community & Professional

• Fellow, American College of Bankruptcy
• Board Member, Christiana Care Health Systems (2017–Present)
• Past Board Member, Better Business Bureau of Delaware, Inc. (1992-2008); Executive Committee Chair (1996-1998)
• Past Chair, Delaware’s Combined Campaign for Justice