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

        Press Releases

        97 Verrill Attorneys Recognized by Best Lawyers® 2027, Including Four Named Lawyers of the Year

        AUGUSTA, Maine, BANGOR, Maine, BOSTON, Mass., PORTLAND, Maine, and WESTPORT, Conn., (August 20, 2026) – Verrill is proud to announce that 97...
        Alerts and Newsletters

        SEC’s Proposed “Reg Crypto”: What Founders Need to Know

        Startup founders and emerging-growth companies have a number of options for raising capital under the federal securities laws, including Regulation D...
        Blog

        After 45 Years, the IRS Speaks on DCAP Nondiscrimination Testing – And It’s Good News

        Employers that provide a Dependent Care Assistance Program will be pleased to learn that for the first time in 45 years, the IRS has issued guidance...
        Media Mentions

        Robert Keach Discusses Bankruptcy Auction Strategy in Law360

        Verrill attorney Robert Keach spoke with Law360 article examining the complex bankruptcy auction process that resulted in the sale of 23 summer...
        Media Mentions

        Martha Gaythwaite Featured in Portland Press Herald Coverage of Sig Sauer Trial Victory

        Verrill attorney Martha Gaythwaite was highlighted in media coverage of a federal trial in Bangor involving firearm manufacturer Sig Sauer. As...
        Media Mentions

        Law360 Quotes Robert Keach on Senate Bill Affecting Small Business Restructurings

        Verrill attorney Robert Keach was recently quoted in a Law360 article discussing federal legislation that would permanently restore the $7.5 million...
        Alerts and Newsletters

        SAFEs and Preferred Stock – Key Deal Terms Every Founder Should Know

        SAFEs Before negotiating a term sheet for preferred stock, many early-stage companies, particularly at the seed stage, first raise capital through...
        Press Releases

        Verrill Welcomes Business Restructuring and Insolvency Attorney Nimra Tariq

        BOSTON, Massachusetts – Verrill is pleased to announce that Nimra Tariq has joined the firm’s Business Restructuring and Insolvency Group as an...
        Media Mentions

        Robert Keach Provides Commentary on First Brands Restructuring in Law360

        Verrill attorney Robert Keach was quoted in the Law360 article, "First Brands' Ch. 11 Plan Revives Angst Over Admin Claims," discussing First Brands...
        Press Releases

        Verrill Welcomes Construction Attorney Cassie Dufon

        PORTLAND, Maine – Verrill is pleased to welcome Cassie Dufon to the firm’s Construction Group as an Associate, resident in the firm’s Portland...
        Press Releases

        Verrill’s Wide-Ranging Private Wealth Law Practice Recognized in 2026 Chambers and Partners High Net Worth Guide

        BANGOR and PORTLAND, Maine and BOSTON, Mass. – Verrill attorneys Kenneth P. Brier, Anya F. Endsley, Kurt E. Klebe, Mary McQuillen, Nathaniel S....
        Blog

        Update on Status of Maine Packaging EPR

        In December 2024, Verrill published a blog post, Unwrapping Maine's Gift to the Environment: A New Packaging Stewardship Program Set to Launch in...