Advertising Material

Advertising Material


R. David Lester

R. David Lester

Member
Direct Phone: 859.231.3082
Direct Fax: 859.246.3682
Office Location
View Full Bio

R. David Lester

Overview

David is a Member in Stoll Keenon Ogden's Lexington office and has been with the firm since 1975. He is a member of the Business Services practice where he serves as co-chair of the Healthcare practice and also focuses on Mergers & Acquisitions. David concentrates his practice in corporate law, business acquisitions, Uniform Commercial Code matters and healthcare law.

David is AV Preeminent® Peer Review Rated by Martindale-Hubbell®, is listed in The Best Lawyers in America®, recognized by Chambers USA and is honored as a Kentucky Super Lawyer. In addition, he was named Best Lawyers® Corporate "Lawyer of the Year" in Lexington for 2009 and 2015, and Best Lawyers® Mergers and Acquisitions "Lawyer of the Year" in Lexington for 2011. David has made seminar presentations and written about a number of business law topics. He was also part of the Kentucky Bar Association Joint Subcommittee on Limited Liability Company Legislation and the Kentucky Bar Association Committee to draft Chapter 271B (business corporations).

David is a member of the Fayette County, Kentucky and American Bar Associations. He is a past chair of the Business Law Section of the Kentucky Bar Association. He has also served as either chair or co-chair of the UK/CLE Biennial Business Association Law Institute since its inception. To give back to the community, David has provided free legal services to not-for-profit organizations. David is married with four children, he enjoys playing golf in his spare time.

Work Highlights

Sale of Natural Gas Production Interests

Represented sellers of significant natural gas production interests in series of large transactions with strategic buyers.  Included negotiation with multiple prospective purchasers, NDAs, due diligence, regulatory issues, negotiation and closing of all purchase-related agreements.

View More Information

Reorganization, Refinancing and Acquisition of Major Healthcare Entity

Stoll Keenon Ogden represented a major healthcare services entity, its affiliated upstream and sister companies, its owners and its founding management team in comprehensive reorganization, refinancing and acquisition transactions totaling more than $300 million. The matters resulted in the closing of a senior secured term loan and  revolving credit facilities secured by owned senior care facilities in four states with a 9-member syndicate of commercial banks; the requisition of waivers, consents and estoppels from various property lessors on leased senior care facilities in four states; restructuring of upstream holding companies and combination of two upstream ownership groups and boards of managers; the creation of a management company; the introduction of healthcare facility management agreements; the migration of payroll and benefits for more than 7,000 employees; the related restructuring of multiple lease and debt financing and supplier relationships;  the creation and reorganization of multiple SPE organizations accompanied by extensive non-consolidation analysis and issuance of a substantive non-consolidation opinion to the lending syndicate; the exercise of purchase option and acquisition of multiple senior care facilities; the contribution of additional equity capital from the client’s majority owners; and the amendment and restructuring of multiple Master Lease and inter-creditor agreements.

View More Information

Coal Investment & Financing Transaction

Represented a publicly-traded client in a transaction to support the development of a longwall mining operation with a total investment in the project in a range of $400 – $525 million. Transaction featured several components, including a preferred equity investment, the acquisition and leaseback of reserves and surface rights, a coal handling and services agreement and an equipment financing facility.
View More Information

Horse Farm Transactions

SKO has represented numerous domestic and international clients with the acquisition and disposition of premier horse farms and related properties throughout the United States.
View More Information
Related Industries: Equine
Related Practices: Real Estate, Equine Transactional

Professional & Civic Activities

UK/CLE Biennial Business Associations Law Institute, co-chair

Fayette County Bar Association

Kentucky Bar Association, chair of the Business Law Section, 2002-2003

American Bar Association

Distinctions

AV® Preeminent™ Peer Review Rated by Martindale-Hubbell®

Listed in Best Lawyers in America®, Corporate Compliance Law, Corporate Governance Law, Corporate Law, Mergers and Acquisitions Law

Chambers USA, Leading Lawyer for Business, Corporate/M&A, 2014-2016

Kentucky Super Lawyer, Business/Corporate

Best Lawyers® “Lawyer of the Year,” Lexington, Corporate Law, 2015

Best Lawyers “Lawyer of the Year,” Lexington, Mergers & Acquisitions, 2011

Best Lawyers “Lawyer of the Year,” Lexington, Corporate, 2009

Order of the Coif

Seminars

2015 "Fiduciary Duties and Member Protections in Business Entity Law," 15th Biennal Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky College of Law, program planning co-chair and co-moderator
2014 "Fiduciary Duties in Kentucky Business Organizations," Kentucky Bar Association Annual Convention
2013 14th Biennial Business Associations Law Institute, Office of Continuing Education, University of Kentucky College of Law, program planning co-chair and co-moderator
2012 "Choice of Entity Issues for Real Estate Ownership," presenter, 12th Biennial Real Estate Law Practice and Institute, Office of Continuing Legal Education, University of Kentucky
2011 "Selected Merger and Acquisition Issues," co-presenter, 13th Biennial Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky College of Law, program planning co-chair and moderator
2009 "Drafting M & A Agreements," panel participant, 12th Biennial Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky, College of Law, program planning co-chair and moderator
2007 "Dispute Resolution and Fiduciary Duties Between Majority and Minority Business Owners," panel participant, 11th Biennial Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky, College of Law, program planning co-chair and moderator
2005 10th Biennial Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky, College of Law, program planning co-chair and co-moderator
2003 9th Biennial Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky, College of Law, program planning co-chair and co-moderator
2003 KBA Business Law Section 2003 Annual KBA Convention, program moderator
2003 Important Legal Considerations When Representing Today's Business Clients
2001 "Ten Danger Zones for Business Transaction Lawyers," co-presenter, 8th Biennial Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky, College of Law, program planning co-chair and co-moderator
2000 Kentucky Bar Association 2000 Annual Convention, co-presenter
2000 Securing Farm and Business Assets
1999 "Selected Statutory Issues in Business Acquisitions," speaker, 7th Biennial Business Associations Law Institute, Office of Continuing Legal Education, University of Kentucky, College of Law, program planning co-chair and co-moderator of Saturday morning session
1997 Kentucky Bar Association Continuing Legal Education Commission, speaker in Lexington, Kentucky
1997 London District Bar Program: New Developments in Business and Commercial Law

News

Nov. 18, 2016 Five SKO Attorneys Recognized Among Top 50 Kentucky Super Lawyers
Aug. 30, 2016 Best Lawyers in America Chooses 61 SKO Attorneys for 2017 Publication
Feb. 22, 2016 Chambers USA Recognizes 24 SKO Attorneys
Nov. 30, 2015 Lea Pauley Goff and Richard G. Griffith named among Top 50 Kentucky Super Lawyers
Aug. 17, 2015 SKO Attorneys Recognized by Best Lawyers in America® 2016
Apr. 1, 2015 28 SKO Attorneys Recognized by Chambers USA 2015
Nov. 24, 2014 Kentucky Super Lawyers Recognizes 57 Stoll Keenon Ogden Attorneys
Aug. 18, 2014 SKO Attorneys Named “Lawyer of the Year” by Best Lawyers®
Aug. 18, 2014 SKO Attorneys Recognized by Best Lawyers in America® 2015
Mar. 12, 2014 25 SKO Attorneys Recognized by Chambers USA 2014
Jan. 24, 2014 How a Lost Flash Drive Can Cost You Thousands
Nov. 26, 2013 Kentucky Super Lawyers Recognizes 42 Stoll Keenon Ogden Attorneys
Aug. 19, 2013 SKO Attorneys Recognized by Best Lawyers in America® 2014
June 5, 2013 22 SKO Attorneys Recognized by Chambers USA 2013
Feb. 10, 2013 22 SKO Attorneys Recognized by Chambers USA 2013
Sep. 7, 2012 61 SKO Attorneys Recognized by Best Lawyers in America® 2013
July 20, 2012 Kentucky Super Lawyers Recognizes 31 Stoll Keenon Ogden Attorneys
June 7, 2012 22 SKO Attorneys Recognized by Chambers USA 2012
Feb. 28, 2012 SKO Attorneys Recognized by Chambers USA 2012
Sep. 6, 2011 53 SKO Attorneys Recognized by Best Lawyers in America® 2012
July 25, 2011 Kentucky Super Lawyers Recognizes 25 SKO Attorneys
June 10, 2011 SKO Attorneys Ranked in Chambers USA 2011
Mar. 16, 2011 SKO Attorneys Recognized by Chambers USA 2011
Nov. 9, 2010 4 SKO Attorneys Named “Lawyer of the Year” by Best Lawyers
Aug. 6, 2010 53 SKO Attorneys Recognized by Best Lawyers in America® 2011
July 28, 2010 26 SKO Attorneys Recognized by Kentucky Super Lawyers
June 14, 2010 SKO Attorneys Recognized by Chambers USA
Apr. 15, 2010 SKO Attorneys Recognized by Chambers USA 2010
Aug. 15, 2009 Kentucky Super Lawyers Recognizes 27 SKO Attorneys
Aug. 6, 2009 49 SKO Attorneys Recognized by Best Lawyers in America
June 15, 2009 SKO Attorneys Recognized by Chambers USA 2009
Mar. 15, 2009 SKO Attorney, R. David Lester, Named “Lexington Best Lawyers Corporate Lawyer of the Year”
July 29, 2008 Kentucky Super Lawyers Recognizes 26 SKO Attorneys
June 19, 2008 Lawyers Honored by Chambers USA
Sep. 19, 2007 39 SKO Attorneys Recognized by Best Lawyers in America
June 19, 2007 Kentucky Super Lawyers Recognizes 24 SKO Attorneys
Mar. 15, 2006 Louisville Magazine Recognizes SKO Attorneys as Best Lawyers in America

Publications

2010  "Business Combinations: Tax Considerations," co-author, Kentucky Corporation Law, Second Edition, UK/CLE
2003 "Partnership Operations," Chapter 3, Kentucky Partnership Law, Third Edition, UK/CLE (also authored Partnership Operations in the First Edition which was published in 1991 and the Second Edition which was published in 1996)
2002 "Buying and Selling a Business in Kentucky," Dolson, Glasscock, Lester, Lyndrup, Seiffert and Tannon and Vance, Second Edition, UK/CLE (also participated in the First Edition)
1997 "Business Combinations: Tax Considerations," Lester and Madden,  Chapter 12 Kentucky Corporation Law, UK/CLE
1996 "Partnership Operations," Chapter 3, Kentucky Partnership Law, Second Edition, UK/CLE (also authored Partnership Operations in the First Edition which was published in 1991)
1993  "Buying and Selling a Business in Kentucky," Glasscock, Lester, Lyndrup and Tannon, UK/CLE
1991 "Partnership Operations," Chapter 3, Kentucky Partnership Law, UK/CLE
1989-1990 "The Priority Race: Winner Takes the Horse," Lester and Fleenor, 78 Kentucky Law Journal 615
1989 "Selected Considerations in Representing Commercial Lenders and Borrowers," Chapter 12 Kentucky Business Organizations, UK College of Law/CLE
1989 "Kentucky Business Organizations," chairman of planning committee, general editor and section editor, UK College of Law/CLE
1981-1982 "Security Interests in Thoroughbred and Standardbred Horses: A Transactional Approach," 70 Kentucky Law Journal 1065
1978 "Opinions of Counsel in Equipment Leasing Transactions," The Monitor, Vol. 5, No. 9
1974 "Couch v. United States: The Supreme Court Takes a Fresh Look at the Accountant-Client Privilege-Or Does It?," comment, 62 Kentucky Law Journal 263
1974 "Unauthorized Use of Credit Cards and Some Related Questions: What Problems Remain?," comment, 62 Kentucky Law Journal, No. 3

Events