Profile

Dan is a member of the Financial Services and Public Finance & Government Services.

His practice includes a broad range of banking, tax-exempt bond, public finance and corporate finance law, focusing on commercial lending and business transactions, banking and finance, public finance, tax-exempt bonds and other capital markets transactions, and real estate matters.

Dan has represented numerous institutional, business and individual clients, including municipalities, economic development authorities, municipal authorities, hospital authorities, other special purpose public authorities, international, national, regional and community banks and financial institutions, real estate developers, colleges, universities, healthcare institutions, nonprofit senior living and retirement care companies and other large and small businesses in a wide range of tax-exempt debt financings, syndicated and participated lending transactions, structured finance and other commercial and corporate transactional matters.

In the area of public finance, Dan has served as bond counsel, underwriter’s counsel, letter of credit bank or other credit enhancement provider’s counsel, issuer’s counsel and conduit borrower’s counsel in a wide variety of general obligation and revenue bond or note financing transactions, including interest rate swaps and other derivatives products.  Dan also regularly represents financial institutions in direct tax-exempt lending to municipalities and nonprofit organizations.

Previously, he was a partner in a large Philadelphia-based law firm and a large Pittsburgh-based law firm.

EXPERIENCE/REPRESENTATIVE CASES

Represented financial institution clients in connection with standby bond purchase agreements supporting tax-exempt variable rate demand bonds;

Represented financial institution clients in connection with letters of credit supporting tax-exempt variable rate demand bonds;

Represented financial institution clients in connection with direct acquisition of municipal bonds and authority conduit revenue bond financings;

Represented bank clients and business clients in connection with syndicated multi-facility lending transactions;

Represented nonprofit hospital, higher education and senior care facility clients in connection with obligated group tax-exempt conduit bond and private bank financings;

Represented nonprofit public development corporation in restructuring lease financings and tax-exempt bond issues for prominent downtown retail and office building complex;

Represented nonprofit public development corporation In connection with restructuring and refinancing certificates of participation lease financings for the commonwealth of Pennsylvania;

Represented nonprofit senior care group in connection with conversion of outstanding debt and related collateral security into an obligated group/master Indenture borrowing and operational structure;

Represented nonprofit clients in connection with merger of obligated group debt structures as part of corporate affiliation/consolidation transactions.

EDUCATION

Millersville University of Pennsylvania, B.A., 1977, cum laude 

The Dickinson School of Law, J.D., 1981

HONORS/AWARDS

Pennsylvania Super Lawyers®, 2009-present

Best Lawyers in America®, Banking and Corporate Finance, 2008-present

Best Lawyers in America® , Lawyer of the Year, 2014 – 2015

Central Pennsylvania Business Journal Best Lawyers

MEMBERSHIPS

Pennsylvania Bar Association

American Bar Association

Dauphin County Bar Association

Bond Buyer’s Municipal Marketplace “Red Book”

National Association of Bond Lawyers

Pennsylvania Association of Bond Lawyers

COURT ADMISSIONS

U.S. District Court – Eastern District of Pennsylvania

U.S. District Court – Middle District of Pennsylvania

U.S. Court of Appeals for the District of Columbia

Bar Admissions

Pennsylvania

PUBLICATIONS

August 17, 2020 - Transition From LIBOR Appears to Remain on Track (At Least for Now)
McNees Corporate & Tax Client Update

March 26, 2020 - Coronavirus Credit Checklist For Businesses
McNees Corporate & Tax Client Update

September 17, 2019 - Revised ABA Statement of Opinion Practices: A Reasonable Approach

May 8, 2018 - Federal Reserve Board Now Publishing SOFR
Financial Services Client Alert

April 24, 2018 - FinCen Customer Due Diligence Rule Compliance Deadline Approaches
Financial Services Client Alert

February 8, 2018 - TCJA Expected to Trigger Increase in Interest Rates on Outstanding Tax-Exempt Borrowings
The Legal Intelligencer

January 25, 2018 - Review and Analysis of Tax-Exempt Loan Documents Following Tax Cuts and Jobs Act
McNees Financial Services Client Alert

August 3, 2017 - MSRB Issues Warning Guidance On Issuer Involvement In Selection of Underwriter's Counsel
McNees Financial Services Client Alert

March 2, 2017 - SEC Proposes Amendments to Rule 15c2-12 to Address Bank Loan Disclosure Concerns
McNees Public Finance Client Alert

September 16, 2016 - SEC Prevails in Securities Law Action Against City of Miami
McNees Public Finance Client Alert

July 28, 2015 - Potential Risks in Voluntary Reporting of Bank Loans
The Legal Intelligencer

July 2, 2014 - 
Public Finance Alert
Bank Loans Grow In Municipal Market While Bond Issues Shrink

April 18, 2014 - Securing Public Deposits Under Pennsylvania's Act 72


December 23, 2013 - McNees Client Alert
SEC Issues Final Municipal Advisor Registration Regulations

Contact Info

Practice Groups