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David J. Jolivette

David J. Jolivette

Senior Counsel
Chicago
office: 312.662.4652
fax: 312.655.1501
Overview

David is an accomplished business lawyer with more than 40 years of experience in the full range of business and real estate transactions.

His goal is always to bring the deal home for clients in a timely and efficient manner. He makes the legal component of business deals a manageable step in reaching his clients’ goals, not a problematic, complicated step. His clients look to him for solutions, and he delivers.

Within David’s transactional practice, he handles all aspects of the purchase and sale of businesses, assets and real estate. He coordinates the appropriate financing transactions and creates any necessary corporation, limited liability company or partnership the transaction requires. After a business is up and running, he negotiates contracts and leases and handles ongoing company issues. Focusing on privately held companies, David is there every step of the way, helping build companies from the ground up and handling all transactional needs.

In addition to his transactional practice, David maintains a sophisticated estate planning practice, preparing estate plans for individuals and for the owners of his business clients. He has a wide range of experience, from straightforward estate plans to complex and multigenerational plans. He serves as trustee or co-trustee of several trusts and is experienced in dealing with issues involving transitioning businesses to the next generation and complications that arise in estate administration as a larger section of the population matures.

His experience includes:

  • Representing a growing manufacturer in the purchase of four industrial properties and the lease of four warehouses. 
  • Representing a worldwide beauty school textbook publisher for 35 years, including handling numerous reorganizations, contracts, leases, and purchases and sales of real estate.
  • Advising a muffler shop franchisee with 27 locations in the Chicago and St. Louis areas. Handled negotiations for and purchases of new locations, along with leases at all locations and many real estate purchase transactions.

Before attending law school, David served two years in the Peace Corps in India.


Industry

Service

Education

  • J.D., University of Wisconsin Law School
  • B.A., University of Wisconsin

Admissions

  • Illinois
  • Wisconsin

Professional Associations and Memberships

  • Chicago Estate Planning Council
  • American Bar Association
  • Illinois State Bar Association
  • Chicago Bar Association
  • Wisconsin State Bar Association
  • Chicago Lawyers Committee for Civil Rights Under Law, Inc., Director, 1978-1986, Chairman, 1985-1986, Co-Chairman, 1984-1985, Treasurer, 1981-1984
Experience
  • Represented a growing manufacturer in the purchase of four industrial properties and the lease of four warehouses. David also advised the manufacturer on purchasing the assets of another company, selling a part of the assets to a third party, obtaining private financing for the startup, and securing a series of asset-based loans totaling $26 million, three mortgages and various equipment loans. Representation has expanded to 10 entities involved in the business. As the business matured, he also handled a sale/lease back of the properties.
  • Represented a worldwide beauty school textbook publisher for 35 years, including handling numerous reorganizations, contracts, leases, and purchases and sales of real estate.
  • Advised a muffler shop franchisee with 27 locations in the Chicago and St. Louis areas. Handled negotiations for and purchases of new locations, along with leases at all locations and many real estate purchase transactions.
  • Counseled a client in the purchase of five apartment complexes in Michigan, including several refinancing transactions over time. Set up eight limited liability companies during this process.
Community Leadership
  • Illinois Shore Girl Scout Council, Director and Vice President, 1980-1986
  • Kenilworth United Fund, Director, 1984-1988, Campaign Chairman and Vice President, 1984-1985, President, 1985-1986
  • Chicago Area Peace Corps Association, Director, 1989-1992, President, 1991-1992
  • Global Awareness Foundation, Director, 1994-2009