(212) 725-4423

David A. Schrader

Partner

David A. Schrader

Partner

Contacts

347-694-4201
dschrader@pka-law.com

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Biography

David A. Schrader is an experienced litigator who focuses his practice on complex commercial and securities litigation, including failed business transactions, contract disputes, partnership, and intra-corporate disputes, investment fraud and real estate matters. Mr. Schrader has extensive experience in the state and federal courts of New York and New Jersey, and has handled numerous arbitrations before FINRA and the American Arbitration Association.

With regard to broker-dealer matters, Mr. Schrader has 20+ years of experience handling the defense of customer arbitrations and industry disputes before FINRA; representing firms and brokers in both FINRA, SEC and State investigations and enforcement proceedings; counseling firms on regulatory compliance; and assisting newly formed firms in broker-dealer licensing applications. In July 2018, Mr. Schrader completed the first half of FINRA’s CRCP certification program and is scheduled to complete the certification in November 2018.

On the corporate front, Mr. Schrader has handled, by way of example, the sale of many small businesses, negotiated and drafted numerous contracts, structured and transacted a 1031 Tax Free Exchange of a long-term commercial lease for the purchase of real property, prepared numerous private placement memoranda for start-up companies, assisted with business structuring; and represented purchasers and sellers in connection with the sale or purchase of their businesses. Mr. Schrader also provides risk management and business management counseling and advisory services.

Throughout his legal career, Mr. Schrader has provided representation to corporate clients in a variety of transactional and litigation matters that have exceeded hundreds of millions of dollars.
Mr. Schrader also has extensive business experience and has served as Chief Operating Officer of Scythian Biosciences Corp. a pharmaceutical R&D company undertaking pre-clinical testing of a novel treatment for traumatic brain injuries. Mr. Schrader has previously acted as V.P. and general counsel for Laconia Capital Corporation, a broker-dealer, and K-Tex, LLC, a Chinese trading company with offices in Shanghai.

A 1986 graduate of Johns Hopkins University, he received his J.D. in 1988 from the Benjamin N. Cardozo School of Law, graduating cum laude. Mr. Schrader earned his L.L.M. in Business Transactions from the University of Alabama School of Law, graduating magna cum laude in 2015. Mr. Scharder has also earned his MBA (2011) and M.Sc. in Strategic Management (2014) from Indiana University, Kelley School of Business, and his M.Sc. in Global Management, with distinction, from the Thunderbird School of Global Management in 2009.

Mr. Schrader is admitted to practice in New York and New Jersey. He is also admitted to practice before the United States District Courts for the Southern and Eastern Districts of New York and the District of New Jersey; Second and Third Circuit Courts of Appeal; as well as the United States Supreme Court.

Mr. Shrader received the following certifications: Certificate in Global Supply Chain Management, Kelly School of Business (2012); MBA Certificate in Management from Tulane University, Freeman School of Business (2007); Mediator Training Certification, Cardozo School of Law – Mediator Training (2006); and Chief Sustainability Officer Training, Strategic Sustainability Consulting (2009). In addition, he has earned his Series 7 (General Securities) and Series 24 (Securities Principal) licenses (licenses lapsed).

Mr. Schrader is a member of Britannia Lodge, F.A.A.M. and a Contributing Editor of Cannabis Law Digest. He is also the author of “The Partnership Relation and the Rights and Obligations of Partners Inter Se”, Doing Business in the United States, Matthew Bender, et al. Mr. Schrader has also presented “Restrictions on Interstate Enforceability of Confessions of Judgement-Conflict with the Full Faith and Credit Clause” to the America Bar Association, Section of Litigation.