Daniel M. Glosband

Dan Glosband is of counsel in Goodwin’s Financial Services and Financial Restructuring practices. Dan's primary areas of practice are domestic and cross-border insolvency and reorganization. He represents debtors, officers and directors, fiduciaries and counterparties in all manner of sophisticated insolvency situations; advises on the insolvency implications of structuring business transactions; and, as one of the primary draftsmen of Chapter 15 of the Bankruptcy Code (the U.S. cross-border bankruptcy law), represents parties in Chapter 15 cases and provides expert testimony to foreign courts.

Dan is regularly recognized by Chambers USA: America’s Leading Lawyers for Business, where clients described him as “a guru” and a “go-to guy for particularly thorny issues.” He was elected as a fellow to the initial class of the American College of Bankruptcy, where he served as vice president, and is a former chairman of the Bankruptcy Law Committee for the Boston and Massachusetts Bar Associations.

Dan’s recent experience includes:

• Represented the Receiver of Ascot Partners L.P., a hedge fund sponsored by J. Ezra Merkin, with respect to litigation by the New York Attorney General and by the Trustee of Bernard L. Madoff Investment Securities LLC involving well over $500 million
• Represented The Education Resources Institute, Inc., a student loan guarantor with $18 billion of outstanding guarantees, in its Chapter 11 proceedings
• Advised CNA Insurance, one of the main insurers of W.R. Grace in Grace’s asbestos-driven Chapter 11 case
• Provided expert testimony to foreign courts in the Stanford International Bank case, the Emlico Insurance case and the hibu (Yellow Pages) case
• Currently represents foreign representatives and counterparties in Chapter 15 cases

Mr. Glosband was elected to the initial class of the American College of Bankruptcy, where he served as vice president and a member of the board of directors. He is a conferee of the National Bankruptcy Conference, which advises Congress on bankruptcy legislation.

Mr. Glosband is a former chairman of the Bankruptcy Law Committees for both the Boston and Massachusetts Bar Associations and is a member of the American Bar Association’s Business Bankruptcy Committee, where he was chairman of the International Bankruptcy Subcommittee.

In addition, Mr. Glosband was official liaison of the Creditors Rights and Insolvency Committee of the International Bar Association to the United Nations Commission on International Trade Law project on Cross-Border Insolvency and its ongoing Insolvency Working Group. He served as one of the primary draftsmen of the UNCITRAL Model Law on Cross-Border Insolvency. Mr. Glosband also served as one of two primary draftsmen (with Professor Jay Westbrook of the University of Texas Law School) for proposed Chapter 15 of the United States Bankruptcy Code, “Ancillary and Other Cross-Border Cases.”

Mr. Glosband has acted as an adviser to the U.S. State Department and the American Law Institute on international insolvency projects.

Mr. Glosband has served on the panel appointed by the First Circuit Court of Appeals to select bankruptcy judges and as a special assistant attorney general for the Commonwealth of Massachusetts.

Mr. Glosband is listed in Chambers USA: America’s Leading Lawyers for Business (Band 1; Star Individual), International Who’s Who of Insolvency & Restructuring Lawyers, Who’s Who in American Law and has been listed in every edition of Best Lawyers since 1987.

Mr. Glosband’s recent articles, publications and presentations include:

• Interview with “Daniel Glosband: An Architect of Chapter 15” Global Restructuring Review (June 2016)
• “Misconduct Not Grounds to Terminate Ch. 15 Recognition,” Law360 (May 2014)
• 35 chapters dealing with cross-border insolvency in Collier on Bankruptcy 16th Ed. (current)
• Chapter 19, “Foreign Proceedings” in Collier Bankruptcy Practice Guide (current)
• Chapter 8, “Principles of American Jurisprudence Underlying the Treatment of Foreign Cases in the United States”; Chapter 9, “Cases Under Chapter 15”; and Chapter 10, “Cooperation and Communication; Plenary Cross-Border Cases” in Collier International Business Insolvency Guide (current)
• “The New Look of Section 363 Sales,” PLI REIT and Real Estate M&A Restructurings and Recapitalizations (2010)
• Lead editor of the American Bankruptcy Institute Guide to Cross-Border Insolvency (2008)
• “Chapter 15: US Insolvency Reform Explained,” International Financial Law Review (2005)
• Since 2007 Mr. Glosband has taught the Chapter 15 portions of a full semester course on international insolvency sponsored by the American College of Bankruptcy and presented live and by simultaneous video at a number of law schools including New York University, Columbia, St. John’s, Georgetown, Michigan, Illinois, Chicago Kent, Boston College, Tulane, Utah, Miami and Instituto Tecnologico Autonomo de Mexico.

A comprehensive list of Mr. Glosband’s more recent articles and presentations can be found here.