Dan Villalba is an associate in the business restructuring group in Chicago. Dan’s practice focuses primarily on assisting companies through restructuring transactions, both in and out of court. Dan has experience with all facets of the Chapter 11 process, from pre-petition preparations to defending confirmed plans of reorganization on appeal.

Prior to joining Ropes & Gray, Dan worked as a restructuring attorney at another international law firm.

Experience

  • Cutera, Inc., a leading provider of aesthetic and dermatology solutions for practitioners worldwide, in prepackaged chapter 11 cases to reduce the company’s debt by nearly $400 million, or over 90%, and raise $65 million in new money from existing lenders. 
  • Aimbridge Hospitality in connection with a comprehensive out-of-court restructuring supported by 100% of the company’s lenders that successfully converted more than $1 billion of senior and junior debt into equity and infused the company with $100 million in new capital. Aimbridge is the leading third-party hotel management company, managing over 1,000 hotels globally and employing approximately 47,000 individuals.
  • Hearthside Foods and its affiliated debtors in their prearranged chapter 11 cases involving approximately $3.0 billion of funded debt. A leading contract manufacturer and producer of convenience foods, including baked, refrigerated, and frozen foods, sweet and salty snacks and nutrition bars, Hearthside serves as a full-service provider of food packaging services for many of the world’s premier brands and is the largest private bakery in the industry with a production network of 27 facilities powered by a skilled and dedicated workforce of approximately 12,000 employees. Hearthside’s prearranged chapter 11 plan eliminated approximately $2 billion of funded debt and provided $200 million of new money through an Equity Rights Offering and approximately $190 million of additional capital from a new asset backed loan facility. Hearthside emerged from chapter 11 with approximately $600 million of liquidity and rebranded as Maker’s Pride.

Areas of Practice