Areas of Practice
  • Paul M. Hebert Law Center, Louisiana State University, J.D., 1971; Member, Louisiana Law Review; Moot Court Board
  • University of Illinois College of Business, B.S., 1968
Bar Admissions
  • Louisiana, 1971
Court Admissions
  • U.S. Supreme Court
  • 5th Cir.
  • 11th Cir.
  • E.D. La.
David Willenzik
Special Counsel
201 St. Charles Ave
New Orleans, LA 70170-5100
504.582.8621 tel
504.589.8621 fax

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David S. Willenzik joins Jones Walker's New Orleans office as special counsel in the Business & Commercial Transactions and Banking & Financial Institutions practices. His legal practice focuses on commercial finance, asset based lending, project finance, equipment leasing, consumer financial services regulation and class action defense.

Mr. Willenzik is a retired senior partner of McGlinchey Stafford, and served for many years as chair of the firm’s business law practice. While with McGlinchey, Mr. Willenzik founded the firm’s national Banking & Financial Services Practice Group.

He is well known nationally as an outstanding authority and practitioner in the field of commercial finance law. With 42 years of experience, Mr. Willenzik is nationally recognized as one of the “deans” of the banking and financial services bar, and is a recipient of the prestigious Homer Kripke Lifetime Achievement Award in Commercial Finance Law presented by the American College of Commercial Finance Attorneys. 

Mr. Willenzik served as General Counsel to The Receivables Exchange, the owner and operator of an electronic exchange over which pre-qualified  businesses sell business-to-business accounts receivables to pre-qualified buyers on a competitive live auction basis. He designed the company’s product from a legal perspective, drafted program agreements, and counseled the company on a multitude of legal issues.

He participated in the development of the LASERPRO computerized loan documentation system used by more than 3000 banks across the nation and drafted a model loan participation agreement for the American Bankers Association, which continues to be used by banks throughout the U.S.


  • Listed in The Best Lawyers in America® for 19 consecutive years in the areas of Banking Law and Equipment Finance Law
  • Listed in the 2018 edition of Louisiana Super Lawyers in the area of Banking (listed from 2007-2011, 2014 to present)
  • Listed in Louisiana Super Lawyers (Top 50 2011)
  • Named to New Orleans CityBusiness' Leadership in Law (2006)
  • Adjunct Professor, Louisiana State University Paul M. Hebert Center (Instructor in Uniform Commercial Code Article 9 Secured Transactions)
  • Instructor, Tulane University School of Law (Intercession Transactional Boot Camp, January 2012)

Representative Matters

  • Led the effort to enact UCC Article 9 in Louisiana. Chaired UCC committee and served as primary initiator and drafter of Louisiana UCC Article 9 (Act 135 of 1989, effective Jan. 1, 1990), and in globo amendments to the Louisiana security device laws to permit implementation of the UCC (Act 137 of 1989)
  • Negotiated Louisiana UCC filing system between Louisiana Secretary of State and Clerks of Court Association permitting filings to be made in any of 64 parishes, with central registry in Secretary of State’s office.  Filing system later adopted by the State of Georgia
  • Consulted with the Governor, the Louisiana Legislature, Secretary of State’s Office, Office of Motor Vehicles, Department of Agriculture, and Clerks of Court Association on implementation of UCC Article 9
  • Primary initiator of the enactment of UCC Article 4A in Louisiana
  • Primary initiator of the repeal of UCC Article 6 (bulk sales) in Louisiana
  • Primary initiator and drafter of the Louisiana Lease of Movables Act (equipment leasing code)
  • Primary initiator and drafter of the Louisiana Credit Agreement Law, which requires that all agreements and understandings with respect to consumer and commercial extensions of credit be in writing in order to be enforceable
  • Primary initiator and drafter of Louisiana legislation defining the responsibilities and potential liability exposure of financial institution outside counsel and accountants
  • Primary initiator and drafter of Louisiana statutes exempting business and commercial loans from usury limitations and from the prohibition against interest compounding
  • Primary initiator and drafter of Louisiana interest rate parity legislation permitting Louisiana based lenders to charge interest and fees at higher rates and amounts as permitted to non-Louisiana based lenders making loans into Louisiana
  • Primary initiator and drafter of Louisiana statutes applicable to priority of Louisiana collateral mortgages
  • Actively participated in the drafting of the 1980 Truth in Lending Simplification Act, serving as a member of the American Bankers Association/Consumer Bankers Association Task Force on TIL Reform
  • Consulted with Federal Reserve Board Staff on significant amendments/revisions to Reg. Z, Reg. M and Reg. B
  • Primary drafter and initiator of significant amendments and restatements of the Louisiana laws that apply to consumer credit transactions, including amendments and restatements of the Louisiana Consumer Credit Law, Motor Vehicles Sales Finance Act and Residential Mortgage Lending Act
  • Primary drafter and initiator of the Louisiana Equal Credit Opportunity Act (1976), which for the first time gave married women the right to obtain individual credit in their own names (prior to the enactment of the Louisiana Equal Management Community Property Laws in 1980)
  • Consulted with the Louisiana Office of Financial Institutions (banking and securities commissioner), Louisiana Motor Vehicle Commission (regulator of motor vehicle dealers and lenders), Louisiana Attorney General’s Office, Louisiana Bankers Association and the Louisiana Consumer Finance Association on banking and consumer financial services related issues and legislative initiatives



  • Louisiana Secured Transactions
    West Group Practice Series,
  • "Louisiana Chapter"
    Commercial Lending Law-A State-by-State Guide, American Bar Association Publishing, 2012


  • American Bankruptcy Institute
  • American Bar Association (Member, Business Law Section, Banking Law, Commercial Finance, Consumer Financial Services and Uniform Commercial Code Committees)
  • American Bar Foundation (Fellow)
  • American College of Commercial Finance Lawyers (Co-Founder and Past President)
  • American College of Consumer Financial Services Attorneys (Founding Fellow, Regent, and Officer)
  • American College of Mortgage Attorneys (Fellow)
  • American Law Institute
  • Conference of Personal Finance Law (Member, Governing Committee)
  • Consumer Bankers Association (Co-Chair, Lawyers Committee)
  • INSOL International
  • International Bar Association (Member, Insolvency Committee)
  • International Lawyers Network (Member, Board of Directors)
  • Louisiana Bankers Association (Chair, Sections of Bank Counsel, Security Device Task Force, and Uniform Commercial Code Committee)
  • Louisiana Bar Foundation (Fellow)
  • Louisiana Legislature’s Committee on Implementation of the Uniform Commercial Code
  • Louisiana Secretary of State's Uniform Commercial Code Committee
  • Louisiana State Bar Association (Chair, Sections of Bankruptcy and Consumer Protection Law)
  • Louisiana State Law Institute (Member, Uniform Commercial Code Committee)
  • Louisiana State University Paul M. Hebert Law Center (Member, Board of Trustees)