David P. Vallas

David Vallas, Polsinelli Law Firm, Chicago, Real Estate, Finance and Litigation Law Attorney
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Professional Biography

David Vallas provides practical solutions to complex legal problems by understanding a client's business and its goals.  As a Vice Chair of Polsinelli’s Commercial Litigation practice and a Co-Chair of its Real Estate Litigation practice, David focuses his practice on resolving disputes in the real estate industry.

He represents owners and managers of shopping centers across the country in virtually every aspect of their businesses, from interpreting and enforcing commercial leases to advising them on tenant bankruptcies and guiding them through the operational and management issues that arise every day and impede their businesses.  He also frequently counsels and protects real estate developers to help them complete their developments, and he often represents traditional and non-traditional lenders faced with troubled loans secured by real estate assets.

David uses a creative, hands-on approach to help clients meet their objectives.  He has successfully represented shopping center owners and managers, lenders, real estate developers, court-appointed receivers, entrepreneurs, Real Estate Investment Trusts, and other businesses in various actions, including:

  • Commercial lease disputes, including enforcing use provisions and radius restrictions

  • Complex commercial foreclosure cases

  • Assignments for the benefit of creditors

  • Loan modifications and forbearance agreements

  • Mechanics and real estate broker’s liens

  • Violations of municipal ordinances, including building codes and landlord-tenant ordinances

  • Breach of contract cases and commercial tort claims

  • More Legal and Business Bylines From David P. Vallas

 

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