August 02, 2018
Business Finance & Restructuring partner Ryan Preston Dahl has been named one of Law360’s 2018 “Rising Stars” for Bankruptcy in recognition of his work advising on a number of high-profile bankruptcy and restructuring matters over the past year.
Law360’s profile article highlighted his work representing Claire’s Stores Inc. and certain of its domestic affiliates in their chapter 11 cases, in which the company’s balance sheet included approximately $2.2 billion, including indebtedness of certain non-debtor affiliates. Mr. Dahl noted that the retail industry has been challenged recently and there are many retailers that have not been able to reorganize successfully, but he intends for this outcome to be successful. “And we think the real opportunity for Claire’s is to have a retailer that’s able to successfully emerge as an operating business because Claire’s has a number of stakeholders including many, many employees,” he said.
With regard to what motivates him, Mr. Dahl explained that he enjoys working with companies that are restructuring and keeps in mind the people that rely on those companies, like the employees and their families. “One of the key motivations is trying to find a way to reorganize the business because, at the end of the day, there are hundreds if not thousands of workers and other stakeholders that count on the business being there,” he said.
When asked about why he originally became a bankruptcy attorney, Mr. Dahl noted his background is in finance, having worked at an investment bank and then a trading firm before attending law school looking to be a restructuring lawyer. “Then I happened to come out of law school in 2007 when there was a lot of work for restructuring lawyers to do,” he said, referring to the financial crisis and the recession.
A team of Law360 editors selected the 2018 Rising Stars winners after reviewing more than 1,200 submissions. Mr. Dahl is among the attorneys under the age of 40 whose legal accomplishments belie their age.
Read full profile published by Law360 (may require registration/subscription).