David M. Aldous
Practice Areas
Industries
Education
- University of Pittsburgh School of Law, J.D., 2009, magna cum laude
- University of Pittsburgh Law Review, articles editor, 2008-2009
- University of Utah, B.S., 2005, cum laude
Bar & Court Admissions
David’s practice focuses on banking, finance and real estate matters. He represents commercial banks and borrowers in a wide range of multi-lender and single lender secured and unsecured financing transactions, including asset-based lending facilities, equipment financings, mezzanine financings, acquisition financings, real estate secured financings, letter of credit facilities, and intercreditor and subordination agreements.
David’s practice includes representation of lenders and borrowers in financings insured by the Federal Housing Administration, with a focus on the financing of skilled nursing homes, assisted living facilities, and other senior living and senior health care facilities. He regularly negotiates intercreditor agreements and deposit account control agreements for these transactions.
David also regularly advises banks regarding legal issues and agreements pertaining to cash management, payment processing, deposit operations, online banking and fraud. He has drafted numerous agreements for banks related to their cash management and deposit products and services.
In addition, David has experience in both public finance and real estate matters, including real property tax appeals.
Prior to joining Vorys, David was internal counsel at a bank.
David received his J.D. magna cum laude from the University of Pittsburgh School of Law, where he was an articles editor for the University of Pittsburgh Law Review. He received his B.S. cum laude from the University of Utah.
Professional and Community Activities
- Allegheny Cleanways, Board of Directors, Member, 2016-2019
- Pittsburgh Public Schools, Mentor, 2014-2016
News
- 11/1/2016Vorys announced that three experienced banking attorneys have joined the firm’s Pittsburgh office. Robin Capozzi and Shane Sclichter joined as partners and David Aldous joined as counsel.
Events
- 5/3/2017Vorys attorneys David Aldous, Robin Capozzi and Shane Sclichter were speakers at the Risk Management Association Pittsburgh Chapter Meeting on May 3, 2017.
Insights
- 2/9/2021The State of Ohio requires counties to reappraise real property tax values every six years. In the interim, the counties are required to update values in the middle of that cycle.
- 3/24/2020The Vorys real property tax team is monitoring the COVID-19 pandemic’s effect on property tax filings and deadlines.
- 11/5/2019
- 7/17/2019Taxpayers seeking to contest the values established by the local assessor have a short time-to contest their new valuation. This time frame varies by state and by local jurisdiction and in many cases begins to run upon mailing of a new value notice.
- 7/17/2019Since the last edition of The Evaluator, there have been several notable decisions from courts and tax boards; and legislative developments in jurisdictions across the country.
- 4/10/2019Taxpayers seeking to contest the values established by the local assessor have a short time-to contest their new valuation.
- 4/10/2019Since the last edition of The Evaluator, there have been several notable legislative developments and decisions from courts and tax boards in jurisdictions across the country.
- Winter 2019Is Your Bank’s Cybersecurity Program Adequate? If Not, Your Bank May be Subject to Negligence ClaimsDue to the evolving sophistication of criminals, security breaches continue to occur on a regular basis. When such breaches occur, the victims of breaches often look to the law to make them whole.
- 3/7/2019Property taxes are frequently the largest non-productive expense incurred by property owners, and proactive management of this expense may result in increased profitability.
- 2/12/2019Every six years the State of Ohio requires counties to reappraise real estate.
- 1/8/2019Every six years the State of Ohio requires counties to reappraise real estate.
- 1/8/2019Taxpayers seeking to contest real property tax values established by assessing jurisdictions across the country often have a short window of opportunity to contest their new valuation.
- 8/2018
- 8/2018Recently, there have been several notable decisions from courts and tax boards in jurisdictions across the country including Ohio, Illinois, Michigan, Colorado, Tennessee, Minnesota, Indiana and North Carolina. These decisions related to numerous real estate tax areas including exemptions and assessments.
- 5/2018Taxpayers seeking to contest the values established by the auditor or county assessor have a short time-to contest their new valuation.
- 5/2018Recently, there have been several notable decisions from courts and tax boards in jurisdictions across the country including Ohio, Indiana, California, Oregon, Minnesota, Wisconsin, Michigan and Arizona.
- 3/2018Taxpayers seeking to contest the values established by the auditor or county assessor have a short time-to contest their new valuation.
- 3/2018Property tax decisions of interest from around the country from January and February 2018.
- Winter 2018Deposit Account Control Agreements (DACAs) are too often given little thought by a depository institution that signs them.
- Spring 2017More and more, bankers are becoming familiar with the term “High Volatility Commercial Real Estate,” or HVCRE for short.
- Winter 2017Once again, banks seem to be caught between a regulatory rock and a hard place.