AlanM.
Feld

Partner
LINKEDIN
Alan Feld

Overview

Alan Feld is widely regarded as an authority on commercial mortgage-backed securities (CMBS) and other securitized debt and structured products. He is the leader of the firm’s CMBS team and represents special servicers in connection with these instruments.

A fellow of the American College of Mortgage Attorneys, Alan advises on both international and domestic bankruptcy, business reorganizations and workouts involving complex collateral packages and multiple jurisdictions—with a particular focus on distressed commercial real estate assets. His clients include bondholders, lenders, servicers and other creditors involved in bankruptcy and financial restructuring matters of all types.

His experience spans both out-of-court restructurings and complex Chapter 11 proceedings and includes handling a broad range of issues including cash collateral proceedings, debtor-in-possession (DIP) financings, Section 363(f) asset sales, automatic stay litigation and plan-related litigation.

Lenders and other creditors rely on Alan’s responsiveness in crisis situations many of which involve restructuring borrowers whose debt is secured by highly volatile assets, with complex and fragile collateral packages at risk of devaluation. Frequently, these cases include numerous third parties—such as franchisors of franchisee borrowers—whose cooperation is crucial to a lender's potential recovery. Alan is known for taking swift action to preserve going concern value for the benefit of his lender clients.

Alan also possesses deep expertise in cross-border restructuring and insolvency matters. He represents the creditors of publicly traded foreign entities with U.S. dollar-denominated debt, including those based in emerging markets.

Outside the office, Alan enjoys international travel with his family and relishes an adventurous, independent approach to foreign destinations—without tours or guides.

Experience

Recent Representative Experience:

  • Representing Pacific Premier Bank (PPB), headquartered in Irvine, CA with approximately $20 billion in total assets, as the primary secured lender to Platinum Corral, LLC, Golden Corral’s second largest franchisee in the United States.  PPB has worked cooperatively with Platinum Corral, both leading up to the Chapter 11 bankruptcy filing in the Eastern District of North Carolina and now helping to restructure its finances in the currently pending Chapter 11 proceeding. PPB is the senior secured creditor, owed in excess of $16 million.
  • Representation of purchaser of the primary assets of a 150 store retailer in New York area currently in Chapter 11 by prospective strategic buyer (competing sporting good retail chain owned by a private equity firm) for $65 million.
  • Representation of one of the primary licensors of merchandise to Sears and Kmart in the Sears/Kmart Chapter 11 pending in the Southern District of New York Bankruptcy Court.
  • Representation of one of the largest equipment lessor ($80 million) of Dean Foods/Southern Foods Group (large dairy conglomerate) pending in the Southern District of Texas Bankruptcy Court.
  • Representation of a large South African bank’s Australia branch in the distressed sale (in consideration of $90 million in secured debt) of a Canadian owned California based gold mining company to a competing Australian based mining company – in an assignment for the benefit of creditors under California state law.
  • Representation of the main credit card processor in the Chapter 11 case of an approximately 300 location discount department store chain pending in Delaware Bankruptcy Court.
  • Representation of major CMBS special servicer in Chapter 11 of the largest toy retailer (Toys-R-Us) in the United States.
  • Representation of West Coast based bank in default, restructuring and bankruptcy matters in connection with their entire franchise (quick service restaurant) lending portfolio throughout the United States.
  • Representation of several major CMBS special servicers in default, workout, restructuring and bankruptcy matters in connection with significant commercial real estate assets throughout the United States.
Credentials
Clerkships

Judicial Law Clerk for the Honorable Samuel L. Bufford, U.S. Bankruptcy Court for the Central District of California, 1991

Education

J.D., University of Southern California Gould School of Law, 1991, with honors

B.A., Williams College, 1987, with honors

Admissions

California

New York

Honors
  • Best Lawyers in America (Bankruptcy & Financial Restructuring), Best Lawyers, 2009-2021, 2024-2026
  • Southern California Super Lawyer, Super Lawyers, 2023-2026
  • American College of Mortgage Attorneys, Fellow since 2015
Thought Leadership
  • Trending Legal Issues in the Retail Industry Webinar, 06.16.2020
  • Law School for the CFO - Getting Back to Work Presented by the CFO Leadership Counsel, 05.27.2020
  • Panelist on Financial Restructuring & Bankruptcy Issues, American College of Mortgage Attorneys, 2015-2020
  • Panelist on Financial Restructuring & Bankruptcy Issues, Trigild Lender Conferences, 2012-2020
  • Moderator, "Current Workout Structures - Case Studies," Spring 2014 Trigild Lender Conference, 04.24.2014
  • Panelist, "What Lenders Get: Make-Whole Premiums and Other Lender Rights in the Wake of U.S. Bank v. American Airlines," Financial Lawyers Conference, 04.04.2013
  • Moderator, "Confirming a Chapter 11 Plan: The Challenges, Pitfalls and Opportunities," American Bankruptcy Institute Bankruptcy Battleground West 2011, 03.04.2011