L. David Cromwell

Partner

Biography

David Cromwell has a practice concentrating in the areas of commercial finance, banking, real estate, and other commercial transactions. His expertise extends to construction lending, asset-based financing, real property acquisitions and leasing, commercial loan workouts, commercial foreclosures and negotiations of a wide variety of contracts. In addition, he has extensive experience in negotiating and drafting aircraft operating agreements and other contracts used in the airborne EMS industry. A 1983 Order of the Coif graduate of Tulane Law School, David is listed in Chambers USA America’s Leading Lawyers for business as a leading individual in the field of banking and finance.

David is a member of the American College of Real Estate Lawyers and is a licensed title insurance agent for First American Title Insurance Company of Louisiana. David is the President of the Louisiana State Law Institute and also serves as reporter of its Security Devices Committee, which drafted the revision of the Civil Code titles on security and pledge as well as the 2019 comprehensive revision of the Louisiana Private Works Act. He is also a member of its Uniform Commercial Code Committee and was an active participant in that committee’s adaptation of revised Article 9 of the Uniform Commercial Code as well as the 2022 UCC Amendments for enactment in Louisiana. David is the author of Louisiana Secured Transactions, a treatise in Thomson-Reuters’ Louisiana Practice Series, and a co-author of Secured Credit: Louisiana and American Perspectives, a law school casebook on security devices. He is also the author of numerous published articles on secured interests in farm products, vendor’s privileges, real obligations, and the Private Works Act. He is a frequent lecturer on secured lending, real property law and other commercial topics and has lectured on secured lending each year at the annual Bank Counsel Conference of the Louisiana Bankers Association for 35 years. David is listed in Best Lawyers in America, and AV Rated Lawyer with Martindale Hubbell.

L. David Cromwell

Partner

Professional

Admitted in Louisiana and Texas

Included since 1995 in Best Lawyers in America in the field of banking law.

President of the Louisiana State Law Institute (Also member of its Council, Reporter of the Security Devices Committee, and Reporter of the Coordinating, Semantics, Style and Publications Committee); Member of the UCC Committee, the Water Code Committee, the Constitutional Laws Committee, the Counterletters Committee, the Rents and Annuities Committee, the Lease of Movables Act Committee, the Prescription Committee, the Utility Servitudes Committee, and the Respite Committee. Also served as reporter of the Component Parts Committee and the Possessory Actions Committee).

Louisiana Bankers Association, Bank Counsel Section (Chairman, 1994-1995 and 2005-2006)

American College of Real Estate Lawyers

Immediate Past Chairman, Louisiana State Supreme Court Committee on Bar Admissions (Previously served as examiner for Code III Section of the Louisiana State Bar Examination, 2004—2014; Member of the Testing Committee, 2014 to present)

Former member, MPRE Advisory Committee, National Conference of Bar Examiners (2018-2024).

Shreveport and Louisiana State Bar Associations; State Bar of Texas

Society of Bartolus

American Bar Fellow

Licensed agent, First American Title Insurance Company of Louisiana

Principal Practice Areas

Banking Law

Commercial Law

Real Estate Law

Commercial Litigation

Community

Member of the board, Jefferson Historical Society and Museum

Member, Committee of One Hundred, Inc.

Publications & Works

L. David Cromwell, Louisiana Secured Transactions, 2020-2021 Ed. (Thomson Reuters, 2020)(Louisiana Practice Series)

L. David Cromwell and Mallory C. Waller, Reworking Louisiana's Private Works Act, 80 La. L. Rev. 993 (2020)

L. David Cromwell and Chloé Chetta, Divining the Real Nature of Real Obligations, 92 Tul. L. Rev. 127 (2017)

Cromwell, Tooley-Knoblett, Trahan and Odinet, Secured Credit: Louisiana and American Perspectives (Wolters Kluwer, 2017)(law school casebook)

Principal author, Report of the Louisiana State Law Institute to the Louisiana Legislature in Response to SCR No. 102 of 2015, Recordation of Assignments of Residential Mortgages (Jan. 16, 2018)

Principal author, Report of the Louisiana State Law Institute to the Louisiana Legislature in Response to HCR No. 93 of 2012, Repossession of Collateral by Sureties (Sept. 14, 2015)

L. David Cromwell, Vendor’s Privilege: Adheret Visceribus Rei, 75 La. L. Rev. (2015)

L. David Cromwell, Secured Interests in Louisiana Crops: The 2010 Revision, 71 La. L. Rev. 1175 (2011)

Principal author, Report of the Louisiana State Law Institute to the Louisiana Legislature in Response to SCR No. 122 of 2008, Secured Interests in Crops (Mar. 12, 2010).

Principal author, Report of the Louisiana State Law Institute to the Louisiana Legislature in Response to SR No. 158 of 2012, Louisiana Lien Laws (Private Works Act) (Feb. 15, 2013)

Principal author, Report of the Louisiana State Law Institute to the Louisiana Legislature in Response to HCR No. 15 of 2011 Relative to Purchase Money Mortgages (Nov. 12, 2014)

Education

Tulane University – J.D. Order of the Coif 1983