David C. Toner is a partner in the Corporate Practice Group. His practice focuses primarily on advising companies in connection with mergers, acquisitions and divestitures, private equity investments, joint ventures and strategic alliances. Mr. Toner also regularly advises corporations, limited liability companies and partnerships in connection with issues involving entity formation and governance.
Mr. Toner has significant experience in connection with complex commercial transactions in various industries including in the field of biotechnology, pharmaceuticals and medical devices. He also serves as outside general counsel to several companies including Fujirebio Diagnostics Inc., a biotechnology manufacturing company that is the world’s leading supplier of diagnostic products for ovarian and breast cancer, Empire Education Group, the largest cosmetology school company in the United States, and Immaculata University. He is listed in Chambers USA: America's Leading Lawyers for Business for Corporate/M&A.
Mr. Toner has served as an Adjunct Professor of Law at Temple University James E. Beasley School of Law where he taught two courses: Negotiating and Drafting Business Acquisition Documents and Accounting for Lawyers.
From 1991 to 1993, Mr. Toner served in-house with Centocor, Inc., a biopharmaceutical company in Malvern, Pennsylvania, most recently as General Counsel and Secretary. He is also a certified public accountant who served on the audit staff of Touche Ross & Co. (now Deloitte), is a former controller of the Philadelphia Eagles Football Club and was a manager in the Business Investigative Services Group of Coopers & Lybrand (now Pricewaterhouse Coopers).
•Duane Morris LLP
- Partner, 1995-present
- Associate, 1986-1995
•Centocor, Inc., Malvern, Pennsylvania
- General Counsel and Secretary, 1992-1993
- Associate Corporate Counsel, 1991-1992
•Coopers & Lybrand CPAs, Philadelphia, Pennsylvania, Financial Consultant, 1984-1986
•Philadelphia Eagles Football Club, Philadelphia, Pennsylvania, Controller, 1981-1984
•Touche Ross & Co. CPAs, Philadelphia, Pennsylvania, Senior Accountant, 1978-1981
Honors & Awards
•Listed in Chambers USA: America's Leading Lawyers for Business, 2007-2012 editions
• AV Preeminent Peer Review Rated by Martindale-Hubbell
•It's More Than Just Money: Partners In 'Strategic Alliance' Must Focus On All Aspects Of The Deal, Atlantic Coast In-House, January 2004
Selected Speaking Engagements
•Panelist, Brokering Strategic Alliances & Partnerships, Arthritis Foundation ROI Symposium, September 2004
•Panelist, Asset Purchase Agreement - Part of the Commercial Document Series, Pennsylvania Bar Institute Seminar, July 25, 2003
•Moderator, Strategic Alliances -- Managing the Relationship, Sixth Annual Symposium of the Pennsylvania Biotechnology Association, Philadelphia, Pennsylvania, April 1997
•Speaker, Choosing the Right Form of Business Entity: Tax and Non-Tax Factors to Consider, Small Business Development Center Professional Development Conference, Philadelphia, Pennsylvania, November 1996
•Panelist, Applied Issues in Licensing, sponsored by the Pennsylvania Biotechnology Association, December 1995
•Speaker, The Accountant's Role in Mergers and Acquisitions, Institute of Management Accountants Continuing Professional Education Seminar, September 1995
•Panelist, What are the Practical Issues of Building Alliances?, Fifth Annual Symposium of the Pennsylvania Biotechnology Association, April 1995