T. Daniel Reynolds | Professionisti

Dan Reynolds is a corporate restructuring lawyer who represents major constituencies involved in distressed transactions. This includes companies both in and out of bankruptcy, parties looking to acquire assets through chapter 11, and other major stakeholders.

Dan has represented entities involved in all manner of restructuring transactions, including distressed sales and acquisitions, the structuring and consummation of spin-offs, and other out-of-court transactions. Dan also has substantial experience counseling clients in fraudulent conveyance, illegal dividend, fiduciary duty, and piercing the corporate veil issues.

Most recently, Dan served as counsel to Diebold Nixdorf in the first-ever cross-border restructuring involving dual main proceedings under chapter 11 of the U.S. Bankruptcy Code and a scheme of arrangement under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord [WHOA]), and the first-ever chapter 15 recognition of Dutch Scheme proceedings and a sanctioned WHOA reorganization plan. Dan also played a major role in Jones Day's representation of Shiloh Industries, who successfully consummated a sale of substantially all of their assets pursuant to section 363 of the Bankruptcy Code, and FirstEnergy in certain of its unregulated power generation subsidiaries' chapter 11 bankruptcy cases, which were the first bankruptcy cases in the country to involve distressed nuclear assets. Other notable representations include, among others, Peabody Energy, FTD Companies, Westmoreland Resource Partners, Vari-Form Holdings Group, and Relativity Media.

Dan also serves on the Northern Ohio Advisory Board for the Ohio, Kentucky, and Indiana Chapter of the Make-A-Wish Foundation.

Esperienze

Vintage Wine Estates confirms chapter 11 plan of liquidation following sale of substantially all assetsJones Day represented Vintage Wine Estates, Inc. and 11 of its direct and indirect subsidiaries (collectively, the "Debtors") in their chapter 11 cases in the United States Bankruptcy Court for the District of Delaware (the "Chapter 11 Cases").

Five Below purchases rights to 42 commercial leases out of Party City's chapter 11 casesJones Day advised Five Below, Inc. regarding its purchase of the designation rights to 42 commercial leases held by Party City Holdco Inc., a chapter 11 debtor, and certain of its debtor affiliates.

U.S. Acute Care Solutions, LLC completes $200 million Senior Secured Notes offeringJones Day represented U.S. Acute Care Solutions, LLC (the "Company"), the nation's largest physician-owned and physician led provider of integrated acute care services, in connection with a Rule 144A and Regulation S offering by the Company of an additional $200 million aggregate principal amount of 9.750% Senior Secured Notes due 2029 (the "Notes").

Affiliates of Centre Lane Partners acquire substantially all of the assets of Hardinge Inc. and its subsidiaries, including the Kellenberger, USACH, SuperPrecision, and Workholding business linesJones Day advised affiliates of Centre Lane Partners in the acquisition of substantially all of the assets of Hardinge Inc. and its debtor subsidiaries, a global leader and provider of advanced machine tool, manufacturing and workholding solutions, as part of chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware.

Dollar Tree purchases rights to 170 commercial leases out of 99 Cents Only Stores' chapter 11 casesJones Day advised Dollar Tree, Inc. regarding its purchase of the designation rights to 170 commercial leases held by 99 Cents Only Stores, LLC, a chapter 11 debtor.

Diebold Nixdorf obtains $200 million super-priority senior secured revolving credit facilityJones Day represented Diebold Nixdorf, Incorporated, a multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets, and certain of its domestic subsidiaries in obtaining a $200 million super-priority senior secured revolving credit facility.

ETS acquires PSIJones Day advised Educational Testing Service (ETS) in its acquisition of PSI Services LLC, a global leader in test development and delivery across workforce certification and licensure.

Diebold Nixdorf obtains $1.25 billion senior secured exit credit facilityJones Day represented Diebold Nixdorf, Incorporated, a multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets, in connection with a new $1.25 billion senior secured term loan facility as part of it’s emergence from chapter 11 bankruptcy and other domestic and foreign court-supervised restructuring proceedings.

Diebold Nixdorf successfully restructures over $2.7 billion in funded debt and completes the first-ever dual proceeding under the U.S. bankruptcy code and Dutch restructuring law in 71 daysIn the first-ever cross border restructuring involving dual main proceedings under chapter 11 of the U.S. Bankruptcy Code and a scheme of arrangement (the "Dutch Scheme") under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord ("WHOA")), and the first-ever chapter 15 recognition of Dutch Scheme proceedings and a sanctioned WHOA reorganization plan (the "WHOA Plan"), Jones Day represented Diebold Nixdorf, Incorporated ("Diebold") and certain of its U.S. and Canadian subsidiaries (the "Debtors") in connection with (i) the prepackaged chapter 11 cases of In re Diebold Holding Company, LLC, et al., (Case No. 23-90602-DRJ) commenced on June 1, 2023, in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"); (ii) the Dutch Scheme, commenced on June 1, 2023 by Diebold Nixdorf Dutch Holding B.V. (the "Dutch Issuer") in the District Court of Amsterdam (the "Dutch Court"), and (iii) the chapter 15 proceedings before the Bankruptcy Court commenced by the foreign representative of the Dutch Issuer, wherein the Bankruptcy Court recognized the Dutch Scheme proceeding as a foreign main proceeding and recognized and extended comity to the WHOA Plan that was sanctioned by the Dutch Court.

Diebold Nixdorf obtains $1.25 billion senior secured superpriority DIP credit facilityJones Day is representing Diebold Nixdorf, Incorporated (the “Company”), a multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets, and certain of its domestic and foreign subsidiaries (collectively, the “Debtors”) in (i) a pre-packaged chapter 11 proceeding in front of the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”), (ii) a scheme of arrangement by Diebold Nixdorf Dutch Holding B.V. (the “Dutch Issuer”) and the related voluntary proceeding in front of the District Court of Amsterdam under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord), and (iii) an anticipated proceeding commenced by the Dutch Issuer under chapter 15 in the Bankruptcy Court, seeking recognition of such scheme of arrangement.

Jefferies Finance provides $33 million superpriority secured DIP credit facility to Morphe, LLCJones Day represented Jefferies Finance LLC, as administrative agent and collateral agent, in connection with a $33 million superpriority secured debtor-in-possession credit facility provided to Morphe, LLC, a subsidiary of Forma Brands, LLC, a builder of beauty brands anchored in innovative and high-quality products, marketing and operations.

Nine Point Energy secures trial victory clearing path for successful reorganization through sale of its assetsJones Day is representing an oil and gas exploration and production company, Nine Point Energy, that is the Debtor in a chapter 11 bankruptcy case, leading to the successful ruling from the bench concluding that at least $150 million of the $157 million in liens asserted by Caliber were invalid, thus, clearing the path for the successful reorganization of Nine Point through a sale of its assets.

Shiloh Industries sells substantially all of its assets to affiliate of Middleground Capital pursuant to section 363 of Bankruptcy CodeJones Day represented Shiloh Industries, Inc., a major global supplier to OEMs in the automotive and commercial vehicle markets, and 18 of its subsidiaries in their chapter 11 bankruptcy cases, which resulted in the sale of substantially all of the debtors' assets to an affiliate of Middleground Capital.

Coronado Global Resources completes US$550 million in combined financingJones Day represented Coronado Global Resources Inc., in connection with (i) an offering of US$350 million aggregate principal amount of 10.750% Senior Secured Notes due 2026, (ii) a secured asset-based revolving credit agreement in an initial aggregate principal amount of US$100 million, and (iii) an offering of US$100 million aggregate principal amount of shares of its Common Stock in the form of CHESS Depositary Interests, which are listed on the Australian Stock Exchange.

TopBuild acquires American Building SystemsJones Day advised TopBuild Corp., a leading installer and distributor of insulation and building material products in the United States, in its acquisition of American Building Systems Group of Companies ("ABS").

FirstEnergy subsidiary completes $175 million private placement of First Mortgage BondsJones Day represented The Potomac Edison Company, an electric transmission and distribution subsidiary of FirstEnergy Corp., a diversified energy holding company, in connection with its private placement of $75 million aggregate principal amount of First Mortgage Bonds, 2.67% Series due 2032 and $100 million aggregate principal amount of First Mortgage Bonds, 3.43% Series due 2051.

FirstEnergy completes $750 million Notes offeringJones Day represented FirstEnergy Corp. in connection with its registered public offering of $300 million aggregate principal amount of 1.600% Notes, Series A, due 2026 and $450 million aggregate principal amount of 2.250% Notes, Series B, due 2030.

FirstEnergy completes $1.75 billion notes offeringJones Day represented FirstEnergy Corp. in connection with its registered public offering of $300 million aggregate principal amount of 2.050% Notes, Series A, due 2025, $600 million aggregate principal amount of 2.650% Notes, Series B, due 2030, and $850 million aggregate principal amount of 3.400% Notes, Series C, due 2050.

FirstEnergy's subsidiary will emerge from bankruptcy and separate from parentJones Day represented FirstEnergy Corp. and its non-debtor affiliates (FirstEnergy) in connection with the chapter 11 cases commenced on March 31, 2018, by its subsidiary First Energy Solutions, Inc. and certain of its other unregulated subsidiaries in the Northern District of Ohio, which are some of the largest chapter 11 cases to be filed in Ohio in recent memory.

Westmoreland chapter 11 plan confirmedJones Day represented Westmoreland Resource Partners LP (WMLP) and its debtor-subsidiaries (the WMLP Debtors) and the Conflicts Committee in their chapter 11 cases commenced on October 9, 2018, in the Southern District of Texas.

May 2024 Newsletters

July 15, 2022
The American Bankruptcy Institute's Northeast Bankruptcy Conference (Adding Value at the Front End: Applying Tempnology and Other Contractual Planning)
May 2022
Recent Trends in Bankruptcy Alternatives for Distressed Businesses
May 2020
Bankruptcy 363 Sales and Successor Liability: Limits to Selling "Free and Clear" of All Claims and Interests
May 2016
City Club of Cleveland: Puerto Rico's Debt Crisis

T. Daniel Reynolds (Dan)

Partner

Collegati

Esperienze

Business Restructuring Review Vol. 23 No. 3 | May-June 2024

Ability of Creditors' Committees to Prosecute Estate Claims Given a Boost in Delaware Bankruptcy Courts

Fifth Circuit: Recent U.S. Supreme Court Ruling Did Not Alter Mootness Requirements for Unstayed Bankruptcy Sale Orders

Business Restructuring Review | November–December 2023 | Vol. 22 No. 6

Florida Bankruptcy Court Substantively Consolidates Debtor and Non-Debtor Entities

Business Restructuring Review | May–July 2023 | Vol. 22 No. 3

Fifth Circuit: Barton Doctrine Precluded Litigation by Chapter 7 Debtor Against Bankruptcy Trustee and Counsel

Business Restructuring Review Vol. 21, No. 6 | November-December 2022

Debtor Can Sell Assets Free and Clear of Successor Liability Claims Asserted by Union Pension Funds

Business Restructuring Review Vol. 21, No. 5 | September–October 2022

T. Daniel Reynolds (Dan)

Partner

Collegati

Condividi

Aree di Interesse

Uffici

Formazione

Qualifiche professionali

Riconoscimenti