Article 03.14.25
International and Cross-Border Insolvency
Pillsbury insights on the wide-ranging, often complex array of challenges inherent in cross-border insolvency matters.
Dania’s demonstrated competence, responsiveness, commitment, maturity and overall ability are remarkable.
Dania Slim helps clients maximize value by using her litigation and corporate skills both in and out of court.
Listed in Best Lawyers in America and recognized as a “Rising Star” by Law360 and as a “40 Under 40” Emerging Leader by the American Bankruptcy Institute, Dania represents private and public companies in distress in and out of court, buyers and sellers of distressed assets, and creditors. She has represented clients across a broad range of industries, including aviation, aerospace, health care, real estate, technology and energy.
A portion of Dania’s practice also focuses on Latin America and cross‑border matters, combining her legal skills with her native Spanish‑speaking ability to help bridge language and cultural barriers for international clients. Dania has authored over two dozen articles and frequently presents on various insolvency and restructuring topics.
Representative Experience
- Represented multiple companies in their chapter 11 cases throughout the United States, including Biolase Inc., Rockley Photonics Holdings Ltd., SC SJ Holdings, Condominium Association of the Lynnhill Condominium, Violin Memory Inc., Specialty Hospitals, ReGen Biologics Inc., RBio Inc., Potomac Supply Corp., and Pulsar Puerto Rico Inc.
- Represented multiple aircraft lessors and financiers in the chapter 11 cases of Avianca Holdings S.A., LATAM Airlines Group S.A. (Latin America’s largest air carrier), Grupo Aeromexico, S.A.B. de C.V. (Mexico’s second-largest airline), SAS AB, and Philippine Airlines, Inc. in the U.S. Bankruptcy Court for the Southern District of New York.
- Representing the Attorney General for the State of Rhode Island in the chapter 11 case of Prospect Holding Inc.
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- Debtor and Company-Side Experience
- Representing debtor Biolase Inc., a global leader in the manufacturing of dental laser systems, in its chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware, which resulted in the successful sale of substantially all of its assets and confirmation of a plan of liquidation.
- Represented debtor Rockley Photonics Holdings Ltd., a global leader in photonics-based health monitoring and communications solutions, in its chapter 11 case in the U.S. Bankruptcy Court for the Southern District of New York, successfully confirming a prepackaged chapter 11 plan that allowed Rockley to go private and restructure its business, eliminate more than $120 million of secured debt, and generate approximately $35 million in new funding from existing secured noteholders.
- Represented, as U.S. debtor’s counsel, the business recovery professionals of Comair Limited, a South African airline, in its chapter 15 case and South African business rescue proceedings.
- Represented the owner of an 805-key hotel and convention center in California in its chapter 11 case, which resulted in the successful confirmation of a chapter 11 plan that enabled the company to procure $15 million in key money and $25 million in mezzanine financing.
- Represented debtor Condominium Association of the Lynnhill Condominium in its fourth chapter 11 case in the U.S. Bankruptcy Court for the District of Maryland, which involved 219 residential units that were valueless until title was unified via confirmation of a chapter 11 plan 49 days after the commencement of the case and after three prior chapter 11 cases failed.
- Represented debtor Specialty Hospital of Washington LLC and its affiliates, which owned and operated two long-term acute care hospitals and skilled nursing facilities, in their chapter 11 cases in the U.S. Bankruptcy Court for the District of Columbia.
- Represented debtor Violin Memory Inc., a developer of flash-based data storage systems, in its chapter 11 case in the U.S. Bankruptcy Court for the Southern District of New York.
- Represented various other debtors in their chapter 11 cases throughout the United States, including ReGen Biologics Inc., RBio Inc., Potomac Supply Corp., and Pulsar Puerto Rico Inc.
- Creditor and Distressed Acquisition Experience
- Representing the liquidators of Genting Hong Kong in In re Crystal Cruises, Inc., the largest ABC case ever filed in the State of Florida, on claims exceeding $1 billion.
- Represented Aviation Capital Group, Air Lease Corp., and Willis Lease Finance Corp. in SAS AB’s chapter 11 case, including on aircraft sale and leaseback, negotiation of stipulations, and lease amendments and terminations.
- Represented Credit Agricole Corporate and Investment Bank, Aviation Capital Group and three syndicates that included Norddeutsche Landesbank Girozentrale (NordLB), Sumitomo Mitsui Banking Corporation (SMBC), Development Bank of Japan Inc., Credit Industriel et Commercial, and Tamweel Aviation Funding L.P., in the chapter 11 case of Colombian airline Avianca Holdings S.A.
- Represented Credit Agricole Corporate and Investment Bank, Falko Regional Aircraft Limited, Air Lease Corporation, and Ranger Leasing IV Limited in the chapter 11 case of Grupo Aeromexico, S.A.B. de C.V.
- Represented Sumitomo Mitsui Banking Corporation (SMBC), Willis Lease Finance Corp., and Aviation Capital Group in the chapter 11 cases of LATAM Airlines Group and its affiliated debtors.
- Represented various creditors in Westinghouse Electric Company’s bankruptcy, including Fluor Corporation in a complex contractual dispute over its more than $300 million claim, making it one of the largest unsecured creditors in the case.
- Represented multiple creditors, including Bank of America, in the chapter 11 cases of California utility, PG&E Corp., and Pacific Gas and Electric Corp., which involved estimated liabilities of more than $50 billion.
- Represented Wilmington Savings Fund Society, FSB, as Administrative Agent, in SunEdison Inc.’s chapter 11 case and in related complex litigation.
- Represented Virginia Conservation Legacy Fund (VCLF) in the $860 million acquisition of Patriot Coal Corp.’s assets, which was awarded the Distressed M&A Deal of the Year (Over $100MM to $1B) at the 10th Annual M&A Advisor Turnaround Awards for the team’s representation of VCLF in the acquisition.
- Represented real estate mezzanine lender, Crescent Real Estate Capital L.P. and Morgan Stanley, in chapter 11 cases filed in the U.S. Bankruptcy Court for the Middle District of Florida and in related litigation involving six hotels in Daytona Beach, Fla.
- Represented real estate mezzanine lender in a prenegotiated chapter 11 case filed in the U.S. Bankruptcy Court for the District of Maryland and related transactions.
- Represented secured creditor in the successful confirmation of a competing chapter 11 plan and the sale of real estate, resulting in the full payment of the secured claim.
- Represented Crescent Resort Development LLC in complex fraudulent transfer litigation.
Professional Highlights
- Recognized by Best Lawyers in the category of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law.
- Recognized as a “Rising Star” in Bankruptcy by Law360.
- Recognized as an American Bankruptcy Institute “40 Under 40” Emerging Leader in Insolvency, an award that recognizes insolvency professionals from around the globe who are setting the standard for excellence in the field.
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- Board & Community Service
- Advisory Board Member, ABI Caribbean Insolvency Symposium (2019 – 2025)
- Board Member, Fort Freedom
- Member, Advisory Committee for The Study of The Local Rules of Practice, U.S. Bankruptcy Court for the Southern District of Florida (2023 – 2025)
- Speaking Engagements
- “Beyond the Numbers,” IWIRC INSOL 2025 International Conference, Hong Kong (March 20, 2025)
- “Essential Concepts in Hospitality Industry Legal Issues,” American College of Real Estate Lawyers, Webinar (April 26, 2022)
- “Harnessing the Power of Diversity: A Global Narrative,” IWIRC Spring Conference, Washington, DC (April 2022)
- “Essential Concepts in Hospitality Industry Legal Issues,” American Bankruptcy Institute, Webinar (February 16, 2022)
- “Episode #2: A Comparative Analysis: U.S. Chapter 11 v. UK Restructuring Plans and Schemes of Arrangement,” Pillsbury’s Inflight Audio Podcast (June 22, 2021)
- “Formal Restructurings in the U.S. and UK – Overview and Comparison,” Presentation for the American Bar Association Aircraft Finance Subcommittee Meeting (April 21, 2021)
- “Future Claims, Mass Torts, Channeling Injunctions and Nonconsensual Releases in Chapter 11 Plans,” ABI 2020 Caribbean Insolvency Symposium, Carolina, Puerto Rico (February 4, 2020)
- “Two Hot Bankruptcy Issues: Puerto Rico: Light and Investment Opportunity at the End of the Tunnel? And Coercive Exchange Offers,” Pillsbury’s Annual MCLE Marathon, New York (May 21, 2019)
- “Legal Views and Changes,” 3rd PROMESA Conference, San Juan, Puerto Rico (February 22, 2019)
- “What’s Happening in Bankruptcy? Key Legal Issues for Corporate Counsel,” Pillsbury’s Annual MCLE Marathon, Miami (October 18, 2018)
- “Has CMS Said Goodbye to the Bankruptcy Court?,” ABA Business Law Section 2017 Spring Meeting, New Orleans (April 6, 2017)
- Honors & Awards
- Best Lawyers (published by BL Rankings LLC), Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (2025)
- Florida Legal Awards, “On the Rise” (2023)
- American Bankruptcy Institute “40 Under 40” Emerging Leader in Insolvency (2020)
- Law360, “Rising Star” in Bankruptcy (2019)
- National Conference of Bankruptcy Judges (NCBJ) 2017 Next Generation Participant
- Super Lawyers, Rising Stars – Washington, DC (2014 – 2018)
- External Publications
- “New York Bankruptcy Court Agrees to Enforce English Three-Step, with Third‑Party Releases, Used by Mexican Auto Financier,” Pratt’s Journal of Bankruptcy Law, June 2025. Coauthor.
- “Chapter 11 Ruling Signals Emphasis on Lockup Provisions,” Law360, August 16, 2024. Coauthor.
- “ Chapter 11 Ruling Clarifies Cross-Border “Alternative A” Scope,” Law360, July 29, 2024. Coauthor.
- “Conflicting Court Rulings on Subchapter V Eligibility Leave Small Businesses in Limbo,” Pratt’s Journal of Bankruptcy Law, June 2024. Coauthor.
- “Judicial Concerns in Allowing Late-Upset Bids,” ABI Journal, April 2024. Coauthor.
- “A 5th Cir. Lesson on Preserving Indemnification Rights,” Law360, March 29, 2024. Coauthor.
- “Restructuring Concerns for Distressed De-SPACs,” Law360, September 14, 2023.
- “New Law Requires Florida Health Care Providers to Store Health Care Records in the Continental U.S., Its Territories or Canada,” Daily Business Review, July 24, 2023.
- Aviation Finance & Leasing: USA Chapter, International Comparative Legal Guide 2021–2025 Editions. Coauthor.
- “Profit Motive? Not Required for Subchapter V Eligibility,” Pratt’s Journal of Bankruptcy Law, September 2022. Coauthor.
- “Nonconsensual Third‑Party Release Limits: Substantial Financial Contribution Won’t Buy Non‑Debtors a Release from Claims That Don’t Also Lie Against the Debtor,” Pratt’s Journal of Bankruptcy Law, June 10, 2019. Coauthor.
- “Medicare Provider Agreements in Bankruptcy: Executory Contracts or Assets That Can Be Sold Free and Clear (or Effectively Neither)?,” LinkedIn, July 28, 2016.
- “The Clock Keeps Ticking: Time Considerations When Buying Health Care Assets and Funding a Bankruptcy Case through Closing,” LinkedIn, January 15, 2016.
- “Don’t Settle a Preference Case on the Basis of Unpaid New Value,” Pratt’s Journal of Bankruptcy Law, January 30, 2014. Coauthor.
- Firm Publications
- International and Cross‑Border Insolvency, Pillsbury.
- Insolvency Issues in Real Estate, Pillsbury.
- “When Does an Alter Ego Suit Alleging Debtor and Non‑Debtor Are ‘One and the Same’ Violate the Discharge Injunction?” September 19, 2023.
- “Bankruptcy and Restructuring Considerations for Distressed De‑SPACed Companies,” July 2023.
- “Contiguous Condominiums Are Not ‘SARE’,” June 2023.
- “No Cutting the (Priority) Line!: Incidental Beneficiaries to Assumed Contracts and Leases Cannot Assert Cure Claims Against Debtors,” May 3, 2023. Coauthor.
- “Time Approach Applied to Cap Rent Claim in Century 21 Department Stores Bankruptcy Cases,” February 13, 2023. Coauthor.
- “The Letter of Credit Conundrum: When a Debtor’s Default May Be Preferable to Its Late Payment,” August 19, 2020. Coauthor.
- “How Chapter 11 Solved One Multifamily Condo Regime’s Dual Challenges of Mounting Liabilities and Unpaid Dues,” April 24, 2020. Coauthor.
- “Navigating Bankruptcy Exposure for Landlords Arising from Anticipated Lease Terminations During COVID‑19,” April 17, 2020. Coauthor.
- “A Single Asset Bankruptcy from the 1990s Gains New Relevance during COVID‑19,” April 7, 2020. Coauthor.
- “The European Union Restructuring Directive,” July 17, 2019. Coauthor.
- “SCOTUS to Review Constitutionality of Puerto Rico’s Oversight Board,” June 21, 2019. Coauthor.
- “Contratos de Proveedores de Medicare en Quiebra: ¿Se Pueden Vender los Activos o Contratos Pendientes de Ejecución Libres de Deudas y Obligaciones?” June 30, 2017.
- “El reloj no se detiene: Consideraciones de tiempo al comprar activos de entidades de atención médica en situación concursal,” January 16, 2017.
Education
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J.D., The George Washington University Law School, 2008
Executive Editor, The George Washington University Law ReviewB.A., Florida International University, 2005
cum laude
Admissions
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District of Columbia
Florida
New York
Languages
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Spanish