Sunwest Management

David Criswell represented several secured lenders holding approximately $462 million of loans secured by assisted living facilities in the SEC receivership and Chapter 11 case of Sunwest Management.  Along with representing his clients, Mr. Criswell coordinated and led a large group of similarly situated secured lenders in contested litigation in the Bankruptcy and District Court in Oregon as well as in two appeals before the Ninth Circuit Court of Appeals.  Ultimately, he was able to assist his clients in reaching consensual loan restructurings which resulted in performing loans following the conclusion of the Chapter 11 bankruptcy case and related SEC enforcement action.