Dan Prieto has played a lead role in representing high-profile companies in successful chapter 11 reorganizations, including by assisting numerous companies in achieving permanent resolutions of mass asbestos tort liabilities through section 524(g) plans of reorganization. He also represents clients in out-of-court restructurings and distressed M&A transactions. Prior to returning to Jones Day in 2021, Dan was workout counsel at a leading direct lender and credit asset manager with more than $35 billion of capital under management in Chicago, where he handled restructuring matters for the lender.
Dan represented Bondex, Kaiser Aluminum, and USG Corporation in their respective section 524(g) chapter 11 reorganizations that fully resolved their asbestos liabilities and RadioShack in its successful chapter 11 reorganization, including in connection with a going concern sale of a substantial portion of RadioShack's business. Dan also represented the owners of the Vogtle nuclear plant in connection with Westinghouse's chapter 11 case and a guarantee provided by Toshiba and Hanson Permanente Cement and Kaiser Gypsum in chapter 11 cases they filed to resolve their asbestos and environmental liabilities. Other significant engagements include representing PHI, Inc., one of the world's leading helicopter services companies, and Mayflower Communities, a nonprofit senior living retirement community, in their respective chapter 11 cases.
In 2014, Dan was recognized by Turnarounds and Workouts as one of only 12 Outstanding Young Restructuring Lawyers in the United States and has been listed by U.S. News as one of "The Best Lawyers in America."
First Impressions: Second Circuit Rules That Lien Is Extinguished Under Chapter 11 Plan Only if Secured Creditor Participates in Case
Secured Creditor May Choose to Take No Action During Chapter 11 Case Without Hazarding Lien Stripping, reprinted in Pratt's Journal of Bankruptcy Law
Secured Creditor May Choose to Take No Action During Chapter 11 Case Without Hazarding Lien Stripping, reprinted in Lexology
- November 10, 2016
Texas General Counsel Forum, Navigating Through a Distressed Environment
- Northwestern University (J.D. cum laude 2000); Vanderbilt University (B.S. cum laude 1997)
- Texas, Illinois, and United States District Courts for the Northern Districts of Texas and Illinois
2009-2014, "Rising Star," Texas Monthly
2014 "Outstanding Young Restructuring Lawyer," Turnarounds & Workouts
2015-2019, "Best Lawyers in Dallas," D Magazine
2017-2019, The Best Lawyers in America