David L. Galgay, Jr.

        Counsel
        Contact Info
        David L. Galgay, Jr. David L. Galgay, Jr.

        Dave represents lenders and borrowers in a broad range of asset-based and real estate-based loans, bond transactions, and other complex commercial loan facilities.

        Dave has substantial experience in real estate acquisitions, commercial leases, and condominium developments. He is also General Counsel for the Maine Health and Higher Educational and Facilities Authority, an instrumentality of the state created with the purpose of providing eligible nonprofit colleges, universities, and licensed health care facilities with financing for qualified projects by issuing low-cost, tax-exempt bonds. When it comes to commercial lending, Dave’s clients rely upon his experience and insight to get deals closed, even under the most complicated and thorny circumstances.

        Services/Industries

        Education

        • Vermont Law School (J.D., magna cum laude)
        • New Mexico State University (B.A., With Honors)

        Bar Admissions

        • Maine

        Court and Other Admissions

        • U.S. District Court for the District of Maine

        Memberships

        • Maine State Bar Association
        • American Bar Association

        Honors

        • Recognized in Chambers USA: America’s Leading Lawyers for Business under Real Estate
        • Named The Best Lawyers in America® Real Estate Law “Lawyer of the Year” in Portland, Maine (2023, 2026)
        • Recognized in the Legal 500 US City Elite Rankings – Real Estate (New England)
        • AV® rated by Martindale-Hubbell
        • Listed in The Best Lawyers in America® for Real Estate Law in Portland, Maine
        • Selected by peers for inclusion in New England Super Lawyers under Real Estate, Government Financing and Banking

        Learn more about the third-party ratings, rankings, and selection processes used for inclusion.

        Firm Highlights

        Blog

        SECURE 2.0 Roth Catch-Up Rules and the 403(b) 15-Year Catch-Up: What Tax-Exempt Employers Need to Know

        Tax-exempt employers whose 403(b) plans offer catch-up contributions for participants age 50 and above should be well on their way to compliance with...
        Media Mentions

        Robert Keach Quoted in Law360 on SIMAD Summer Camp Bankruptcy Sale

        Verrill attorney Robert Keach was recently quoted in a Law360 article examining the Chapter 11 bankruptcy proceedings involving SIMAD Holdings and...
        Media Mentions

        Chris Tsouros Featured in Law360’s Coverage of Sports Real Estate Deals

        Verrill Partner Chris Tsouros was recently recognized in a Law360 article highlighting law firms involved in significant sports real estate projects...
        Blog

        What Maine’s New Employer Surveillance Law Means for Maine Employers

        Maine employers who monitor their workforce, whether through productivity software, GPS, call recording, or cameras, have a new compliance obligation...
        Blog

        Run Don’t Walk: The Implication of “While Supplies Last” Prize Promotions

        This month a big-chain grocery store has been offering daily mystery boxes during specific timed drops on a first-come, first-served basis, to users...
        Blog

        Maine’s Noncompete Statute is Reshaped for Health Care Workers: What You Need to Know

        Employers of individuals who are licensed under state law to perform, or provide, health care services in the State of Maine should be prepared for...
        Media Mentions

        Steven Davis Featured in the Environmental Business Journal

        Steven Davis, President of Verrill Strategic Consulting, was recently interviewed and featured in the Environmental Business Journal, Volume 39...
        Blog

        What is a Bonus for Purposes of ERISA?

        An ongoing dispute about a Department of Labor advisory opinion published last September raises a basic but unanswered question under the ERISA: What...
        Media Mentions

        Verrill Recognized by WMTW for Partnership Supporting Hunger Relief in Maine

        Verrill was recently featured in coverage by WMTW News 8 for its role in a collaborative effort to combat food insecurity across southern...
        Press Releases

        33 Verrill Attorneys, Across Four Offices, Recognized in the 2026 Chambers USA Guide

        BOSTON, Massachusetts, PORTLAND, Maine, WESTPORT, Connecticut, and WASHINGTON, D.C. – Verrill has been recognized as a Leading Firm in 14...
        Blog

        Will the Knicks Beat the Spurs? (Are Prediction Market Event Contracts Gambling?)

        For those of you who like to keep score, currently 18 states are engaged in litigation over prediction markets, such as Kalshi and Polymarket,...
        Alerts and Newsletters

        DOJ Announces Faster Review and Enhanced Enforcement for Benefits-Fraud FCA Matters

        On May 27, 2026, the U.S. Department of Justice (DOJ) Civil Division issued a new memorandum, “Accelerating Review and Enhancing Enforcement in...