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Daniel W. Sklar



Daniel Sklar is a nationally known insolvency and distressed debt professional who has been actively involved in some of the largest Chapter 11 cases filed in the United States. Dan has also been responsible for documenting some of the biggest loans made in northern New England.

What do you focus on?

Approximately one-half of my practice focuses on distressed debt restructuring and asset sales or liquidations. Most of that time is spent dealing with formal Chapter 11s in courts around the country. I also do a fair amount of informal (outside of Chapter 11) debt restructurings and going concern sales of distressed businesses.

In addition, about one-third of my time is spent on documenting various types of loans for both the lenders and the borrowers. I represent about a dozen different banks and lenders who generally use me when the loan has unique provisions and/or collateral.

The balance of my time is occupied with general corporate governance and transactional work. I am regular counsel to about 25 middle-market companies and I am responsible for handling or supervising their ordinary course business issues.

What do you see on the horizon?

Both creditors and debtors are looking for viable and cost-effective alternatives to formal bankruptcy petitions. I have been developing and testing several optional approaches to Chapter 11 in order to meet this growing demand from lenders and distressed companies.

Presentations

  • “Restructuring the Commercial Loan,” Lorman Education Services Webinar, December 1, 2016
  • “Commercial Bankruptcy Basics,” Merrimack Valley New Hampshire Chapter of SCORE, November 9, 2016

When is Final, Final? Appeals from § 363(m) Findings

ABI Journal | April 05, 2018

New York City financial restructuring and bankruptcy counsel Chris Desiderio and Manchester financial restructuring and bankruptcy partner Dan Sklar are co-authors of this article analyzing two recent circuit court decisions that may have exposed a weakness in the bankruptcy court sale-and-approval process.

The State Of Post-Secondary Education in the US

New Hampshire Business Review | January 19, 2018

Manchester financial restructuring and bankruptcy partner Dan Sklar contributed this article on the challenges facing colleges and universities.

Former Apple Supplier GTAT Gets Nod On Ch. 11 Plan

Law360 | March 09, 2016

The following coverage notes that GT Advanced Technologies Inc. can leave Chapter 11 with a reorganization plan that puts its exit lender in control of the reorganized business. Manchester Financial Restructuring & Bankruptcy partner Dan Sklar is identified as debtor counsel.

GT Advanced Technologies set to emerge from court protection

The Deal | March 09, 2016

This coverage notes that GT Advanced Technologies Inc. can leave Chapter 11 with a reorganization plan that puts its exit lender in control of the reorganized business. Manchester Financial Restructuring & Bankruptcy partner Dan Sklar is identified as debtor counsel.

Contact

Daniel W. Sklar

Partner

Manchester

Phone: 603-628-4008


Fax: 603-628-4040

Boston University School of Law, LL.M.

Boston College Law School, J.D., cum laude

University of Pennsylvania, B.A.

New Hampshire

U.S. District Court, District of New Hampshire

U.S. Court of Appeals, First Circuit

U.S. Supreme Court

Daniel was selected by his peers for inclusion in The Best Lawyers in America© 2018 in the fields of: Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law; Litigation - Bankruptcy; Project Finance Law; and Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law. Daniel has been listed in Best Lawyers since 1989 and was its 2011 Manchester “Lawyer of the Year” in Bankruptcy and Creditor-Debtor Rights.

Daniel received his certification in business bankruptcy law from the American Bankruptcy Board of Certification in 1993. Daniel has been recognized for exceptional standing in the legal community in Chambers USA: America’s Leading Lawyers for Business 2018 for Corporate/Commercial: Bankruptcy (New Hampshire). He has also been recognized in Chambers in previous years. He has also been recognized as a “New England Super Lawyer” in Bankruptcy and Creditor/Debtor Rights based on a peer-review survey by Boston Magazine (2007). Additionally, Daniel has been named the Best Lawyers’ 2013 Manchester Litigation - Bankruptcy “Lawyer of the Year.”

Daniel is a member of the American Bankruptcy Institute and the New Hampshire and American Bar associations. He is a member of the News Committee for the New Hampshire Bar Association. He is also past president of the Manchester Bar Association and is certified by the American Bankruptcy Board of Certification in the area of business bankruptcy. Daniel is a fellow in the American College of Bankruptcy and a frequent lecturer in his areas of focus for the American Bankruptcy Institute, National Business Institute, New Hampshire CLE Committee, and IPED.

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