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    David Fiegel

    Managing Director of Blackbird Asset Services, LLC - a boutique auction and valuation firm

    Professional Background

    David Fiegel is an accomplished professional dedicated to developing innovative solutions for asset liquidation, particularly for banks and companies undergoing restructuring or facing financial distress. With a robust background in asset management, David's expertise is prominently showcased in his work with §363 sales under the U.S. Bankruptcy Code. His approaches extend beyond conventional methods, offering clients tailored strategies that are vital in the ever-evolving financial landscape.

    Recognized for his ability to craft unique sales approaches, David employs a combination of negotiation techniques, on-site auctions, online auction platforms, and sealed bid offerings. This multifaceted approach enables him to maximize the value of industrial equipment and real estate for his clients, ultimately transforming what can often be a daunting process into a streamlined operation that delivers optimal results.

    As a Managing Director at Blackbird Asset Services, LLC, David plays a key role in the operational strategy and service delivery, ensuring that the organization stands out in the competitive market of asset liquidation. His prior role as Vice President of Sales at GoIndustry DoveBid equipped him with additional insights and experiences that further enrich his current role, providing clients with unparalleled service and expertise.

    Education and Achievements

    David's academic foundation in Industrial Engineering from the State University of New York at Buffalo has provided him with essential analytical skills and a deep understanding of systems that he applies to his professional endeavors. This educational background, combined with his practical experience, empowers him to solve complex asset management issues effectively.

    In pursuit of continuous professional development, David is a Certified Equipment Appraiser (CEA), a designation bestowed by the Association of Machinery and Equipment Appraisers (AMEA). This certification affirms his expertise in equipment appraisal and signifies his commitment to maintaining the highest standards in his field. Moreover, he is a graduate of the Auction Marketing Institute, solidifying his foundational knowledge in auction strategies and marketing.

    David’s achievements are further highlighted by his active involvement in several prestigious organizations, which not only reflects his commitment to professional growth but also positions him as a thought leader in the asset liquidation industry. David serves on the board of the Industrial Auctioneers Association (IAA) and the Turnaround Management Association (TMA) for the Upstate New York Chapter, showcasing his leadership and dedication to shaping industry standards and practices.

    Achievements

    Through his comprehensive experience and dedication, David Fiegel has established himself as a recognized expert in asset liquidation, particularly relating to the sale of manufacturing and process equipment. His specialization spans a variety of asset types, making him a sought-after resource for clients requiring customized solutions to meet their specific liquidity needs.

    David's services are geared towards conducting certified USPAP-compliant valuations and appraisal reports, benefitting both companies and secured creditors across the nation. His ability to act as an expert witness in matters related to auction sales and foreclosure sales further emphasizes his authority in proving the concept of “commercially reasonable” sales practices, helping to ensure fairness and transparency within the industry.

    In addition to his hands-on work, David remains a proactive contributor to the knowledge share within his profession. He is a featured speaker at industry conferences and events, where he shares insights and best practices about auction sales and asset liquidation techniques. His dedication to educating others and promoting best practices underscores his commitment to professional excellence.

    This combination of practical experience, formal education, certifications, and active participation in professional organizations uniquely positions David Fiegel as a leading figure in the asset liquidation domain. His continuous efforts to innovate and improve the traditional sales processes are what define him as an asset to clients and the broader community alike.

    Related Questions

    How did David Fiegel develop his expertise in asset liquidation solutions?
    In what ways does David Fiegel tailor his asset sale strategies to meet the diverse needs of his clients?
    What has been David Fiegel's impact on the asset liquidation industry through his roles in various professional organizations?
    How does David Fiegel ensure compliance with USPAP standards in his appraisal reports?
    What experiences and insights did David Fiegel gain during his tenure at GoIndustry DoveBid?
    David Fiegel
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    Location

    Buffalo, New York, United States