Practice Expertise

  • Insolvency & Financial Law Group
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Areas of Practice

  • Insolvency & Financial Law Group
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WSG Practice Industries

Profile

Daniel H. Slate has a longtime successful bankruptcy practice that includes corporate reorganizations, insolvency and creditors’ rights. He serves as National Bankruptcy Coordinating Counsel to Fannie Mae.

Bar Admissions

  • California

Education

  • UCLA School of Law
  • University of Redlands

Areas of Practice

  • Insolvency & Financial Law Group

Professional Career

Significant Accomplishments
  • Secured creditor over multi-unit residential property in Memphis, Tennessee in which borrower commenced chapter 11. The trial court ruled against the creditor repeatedly, and on three occasions, those rulings were successfully appealed and the adverse ruling reversed. The creditor eventually foreclosed on the collateral.
  • Financial institution as lender under construction loan for $80 million condominium conversion in which borrower commenced chapter 11.
  • Secured creditor owed $160 million with liens over 2,500 apartment units in Arizona in which borrower filed chapter 11.
  • Creditor with claims totaling in excess of $800 million in the chapter 11 bankruptcy cases of Fairfield Properties filed in Delaware.
  • Non-debtor party to an executory contract with a chapter 11 debtor in Delaware. The contract related to property appraised at over $100 million. The debtor’s plan was denied confirmation, the contract terminated and the case converted to chapter 7.
  • Financial institution as secured creditor or lessor in several chapter 11 bankruptcy cases commenced in New York.
  • Principal creditor in the chapter 11 bankruptcy case of Scott White Contemporary Art and in litigation related to the authenticity of a work reputed to be a Picasso.
  • Secured creditor in the chapter 11 case of Alterra Healthcare Corporation in Delaware. The client was owed more than $25 million, secured with assisted living facilities located in four states.
  • Textile manufacturing company and affiliates as debtors in chapter 11 cases in Delaware. A plan of reorganization was confirmed restructuring more than $250 million in debt of this public company.
  • Technology company in litigation related to its software distribution relationship with RISC management, a debtor in a chapter 11 case in Boston. After a two day trial, the court issued an opinion in favor of our client.
  • Foreign banking company in fraudulent conveyance litigation, related to transfers of approximately $25 million. The matter was settled shortly before trial.
  • Greek shipping interests in efforts to acquire a fleet of vessels from a chapter 11 debtor in Delaware.
  • Textile manufacturing supplier and its affiliates as debtors in chapter 11 cases in Delaware. In less than a year, a plan of reorganization was confirmed for this public company, restructuring more than $110 million in debt.
  • Secured creditor owed more than $40 million in the chapter 11 cases in Sacramento of IRM Corporation and its affiliates. After confirmation of the negotiated plan, the client was paid in full all principal, interest and attorneys’ fees.

 





Articles

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  • Good Faith at Confirmation of a Plan that Relies on Artificial Impairment
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