Hon. David H. Coar (Ret.) joined JAMS in 2011 after 16 years as a United States District Judge for the Northern District of Illinois and 8 years as a United States Bankruptcy Judge. From 1979 to 1982, he served as the first United States Bankruptcy Trustee in the Northern District of Illinois.
Judge Coar’s mediation practice focuses on complex bankruptcy and commercial disputes.
- Selected as the pre-filing mediator in Chapter 9 bankruptcy for the town of Mammoth Lakes, Calif. Successfully negotiated settlements of claims of vendors, contractors and union and management employees
- Presided over the first large (and most successful) asbestos bankruptcy case resulting in a consensual plan that has served as a model for subsequent cases. Claims totaling more than $92 billion were resolved. More than 90 percent of the stock of the reorganized company was issued to a trust for asbestos injury claimants. Complicated (and at the time, unresolved) issues of future claims, corporate governance, and liability of the trust were successfully navigated
- Successfully settled a $30 million avoidance action in a bankruptcy case involving a foreign creditor of a debtor
- Mediated an adversary action alleging auditing malpractice
- Successfully settled commercial dispute under shareholder’s agreement involving claims against departing shareholders for alleged breach of the agreement, misappropriation of trade secrets, confidential information and violations of computer fraud and abuse statutes, with counterclaims by departing shareholders for amounts allegedly due for buy-outs and other payments under the agreement
- Mediated avoidance action wherein the trustee was seeking to avoid and recover approximately $1.85 million in allegedly fraudulent and/or preferential transfers made to a creditor during the year leading up to the debtors’ bankruptcy filing
- Served as a neutral evaluator in several bankruptcy cases involving novel claims against creditors