- Banking and Finance
- Corporate Law
- Public Finance
- Economic Development
- Financial Services
- Real Estate
|University ||Columbia International University, B.S., 1979|
|Law School||University of South Carolina, J.D., 1986|
|Admitted||North Carolina; South Carolina|
Civic & Professional Memberships
•Upstate Alliance, a regional economic development group marketing the Upstate and the I-85 Corridor - Former Board of Directors Member
•South Carolina Bar
•South Carolina Economic Developers Association (SCEDA)
•Palmetto Agribusiness Council - Rural Economic Development Committee
David Gossett’s leadership and innovative thinking are crucial not only to Nexsen Pruet, but also to many of the clients he represents. He is the firm’s Managing Partner for Professionals.
In that role, David works closely with practice group leaders and department heads to ensure that attorneys and staff members are receiving the resources necessary to provide clients with high quality and comprehensive legal services. No matter how daunting an issue, David seems to find a way to meet firm needs while keeping his calm and controlled demeanor that puts people at ease.
Rural America Bond Program
David’s innovative way of seeing and solving problems for his clients is evident through the creation of the Rural America Bond Program.
In the mid-2000s, many of the law firm’s clients were facing a common issue. They wanted to help launch business, infrastructure, health care, education and other projects in rural parts of the county. But for various reasons, traditional financing was not available. David and Pat Brown set out to fix that. They originated the concept and crafted a pilot program adopted by the U.S. Farm Credit Administration.
Since then the program has been used for building a critical access hospital in Louisiana, schools in Utah, Texas, New Mexico and Montana and to pay for a furniture manufacturing facility in North Carolina.
Financing Fuels our Economy
David’s law practice is focused on representing institutions that provide financing that fuels America’s economy, including some of the larger agribusinesses in the country. He recognizes that without a qualified lender, it is practically impossible for businesses to start, grow or expand.
Because the very nature of economic development and real estate projects involve some element of risk, David’s decades of experience helps him provide perspective and advice that take the worry out of deals, whether they are asset-based, commercial or construction and development loans. When a need arises, David can guide clients through workouts and debt restructuring.
•Chambers USA: America's Leading Business Lawyers - Real Estate Law
•Best Lawyers in America - Real Estate Law since 2010
•South Carolina Super Lawyer in Banking Law (2012-2015)
Speaking & Writing
•Nexsen Pruet Ranked Among Top in the Carolinas; Legal Guide Recognizes Sixteen Attorneys and Six Practice Areas
May 27, 2013
•Nexsen Pruet Attorneys Recognized By Peers; Twenty-Eight Named to 2013 Super Lawyers List for South Carolina
April 30, 2013
•Nexsen Pruet Ranked Among Top Firms in the Carolinas
May 29, 2014
•“25 Largest Law Firms: Ups and Downs”
April 27, 2015
•Can Our Association Do That? FCA Adopts New Rule for Farm Credit Subsidiaries
May 29, 2013
Can Our Association Do That? FCA Adopts New Rule for Farm Credit Subsidiaries
Nexsen Pruet attorneys Pat Brown and David Gossett write about how the Farm Credit Administration has adopted a new final rule governing the ownership and use of unincorporated business entities (UBEs) by Farm Credit System institutions.
International Law Update
Appeals court says international contract requires litigation in England.
Rural America Bond Program
The Spring 2008 edition of Carolina Farm Credit's Leader magazine features an article about the Rural America Bond Program. Nexsen Pruet lawyers originated the concept in 2005.
Top 10 Law Firms that Understand Economic Development
Nexsen Pruet is named among the top law firms in the Southeast for economic development - and is the only law firm listed in South Carolina.
Faculty Member and Presenter, Regulatory Standards of Conduct and Fiduciary Duties; Directing Positive Change Conference, New Orleans, LA; January 2014
Outside Nexsen Pruet
Mr. Gossett is a native of the Upstate of South Carolina and, in addition to his active participation in a number of professional and civic groups, Mr. Gossett is an active member of First Presbyterian Church, and serves on the South Carolina Leadership Team for Prison Fellowship.
He lives in Greenville with his wife, Mary. They have two daughters and two grandsons.
|Reported Cases||Notable: Lead counsel to lender consortium for combined $175,000,000 senior secured loans to group of timberland holding companies; Lead counsel for syndicated lenders on $85,000,000 senior secured credit facilities to finance healthcare facilities; Lead counsel to lending consortium for combined $57,500,000 term and working capital facilities to forest product processing companies; Lead counsel to lending consortium for $65,000,000 revolving line of credit (asset- based) and $50,000,000 term loan to citrus processing and growing companies; Co-lead counsel (collateral agent), for syndicated $600,000,000 credit facilities to sugar processing company; Lead counsel for lending consortium on $200,000,000 asset-based revolving line of credit to cattle feedlot operation; Lead counsel for lending consortium on $60,000,000 line of credit for oil and gas exploration entity in Oklahoma; Lead counsel to lending consortium for $25,000,000 credit facilities for construction and operation of wood processing facility; Lead bank counsel for $50,000,000 acquisition line of credit for holding company to purchase target companies; Lead counsel for senior secured credit facilities totaling $19,000,000 to flooring products distributor; Lead counsel for syndicated credit facilities totaling $70,500,000 to provide term debt and working capital for cement manufacturing company; Lead counsel for syndicated $27,000,000 senior secured credit facility to pipe manufacturing company; Senior counsel to consortium of lenders purchasing $305,000,000 of $1,500,000,000 senior secured term debt for multi-state timberlands; Lead counsel for lender on $14,765,000 construction loan to finance a technology park; Lead counsel to lender for $25,000,000 senior secured credit facilities for term debt, operating capital and acquisition funds for heating and air conditioning distribution company; Lead counsel for lender on $18,000,000 senior secured credit facilities for wood pellet manufacturing plant; Lead counsel for lending consortium on $68,000,000 credit facilities for construction of ethanol production plant|
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