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Daniel Desatnik

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Daniel Desatnik

Daniel Desatnik is a partner in the Business Solutions, Governance, Restructuring & Bankruptcy Group of Proskauer in New York, where he focuses his practice on the representation of debtors, creditors’ committees, equity committees, and creditors in chapter 11 cases and out-of-court restructurings. He is one of the core members of the Proskauer team representing the Financial Oversight and Management Board of Puerto Rico (FOMB) in its successful restructuring of Puerto Rico’s $74 billion debt load, lowering its liabilities by $33 billion and saving it over $50 billion in debt service payments. Mr. Desatnik played a key role in the $6 billion Title VI restructuring of the Governmental Development Bank’s debt. He currently plays a key role in the restructuring of the operations and over $9 billion of debt of Puerto Rico’s electric utility, PREPA. Mr. Desatnik is a 2023 honoree of ABI’s “40 Under 40” and has been recognized in The Best Lawyers in America’s “Ones to Watch” list every year since 2021. He has successfully argued precedent-setting cases be- fore the First Circuit Court of Appeals, Eighth Circuit Court of Appeals and in federal bankruptcy court. In addition, he has been featured on panels and podcasts on bankruptcy law topics, and his articles have been published in industry-leading outlets such as Debtwire and Reorg Research. Mr. Desatnik received his B.A. and M.A. in political science from Emory University, and his J.D. from Columbia Law School, where he graduated as a James Kent Scholar and Harlan Fiske Stone Scholar.

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