Donald E. Rothman

Senior Partner

Commercial Finance/Loan Restructuring & Workouts/Bankruptcy

Boston; New York

drothman@riemerlaw.com

O: (617) 880-3556

F: (617) 692-3556

About Donald

Don is co-chair of the firm’s Commercial Finance practice within our Financial Services Group. His areas of concentration include asset based lending, leveraged finance, equipment finance, and cash flow lending for local, regional, and national clients, including large national banks and financial institutions, as well as private lenders.  Don represents the agent in a lending syndicate, lenders within a lending syndicate, as well as private, independent lenders. For clients with transactions in early stages of financing, he structures and documents their loan arrangements.

Don also focuses on intercreditor arrangements, creditors’ rights, mid-course loan restructurings, and troubled debt workouts.  He counsels on the enforcement of creditors’ rights and remedies in loan arrangements when efforts to implement alternative resolutions have been unsuccessful.  Don has extensive experience in handling workouts, bankruptcy proceedings, and debtor-in-possession financing for new and existing lenders. Overall, Don advises clients regarding credit arrangements with companies who operate in a broad spectrum of industries, including financial services, high-tech, life sciences, innovation lending, retail, real estate development and finance, and manufacturing.

Don travels nationally to advise clients on financial arrangements, implement forbearance agreements, enforce lenders’ rights and remedies, and appear in bankruptcy courts.  He has handled complex cases in 48 states throughout the country, and has appeared in dozens of bankruptcy courts in connection with such matters. Don is also a frequent lecturer to clients and panelist at national conferences on legal issues and other industry topics.

Representative Matters

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  • Agent in a syndicate of lenders in the workout of a $100 million construction financing facility for a mixed use residential and retail condominium project
  • Agent in a unitranche facility to a multinational software development company
  • Agent in a syndicate of lenders to a multi-national retailer in a debtor-in-possession revolving credit facility
  • Lender in asset-based facility and subsequent three-party negotiations to implement supply chain financing arrangement for the benefit of the borrower
  • Tranche B lender in the financing of manufacturing facilities
  • Investors as a “stalking horse” seeking to acquire the business and assets of a regional airline out of a Chapter 11 proceeding
  • Investors acting as lenders in a “loan-to-own” transaction
  • Lenders involved in workouts in the life science and high tech markets

Affiliations

Member, Dean’s Advisory Council, Newcomb-Tulane College
Member, Board of Directors, WebBank

American Bar Association
Massachusetts Bar Association
New York State Bar Association
Secured Finance Network
American Bankruptcy Institute
Turnaround Management Association

Admissions

Commonwealth of Massachusetts
State of New York
U.S. District Court, District of Massachusetts
U.S. Court of Appeals, First Circuit
U.S. District Court, Southern District of New York

Education

The National Law Center, George Washington University, J.D., with honors, 1982
Tulane University, B.A., magna cum laude, Phi Beta Kappa, 1979