Education

University of Chicago Law School, J.D., 1995

Amherst College, B.A., 1992

  • Phi Beta Kappa

Admitted

Illinois, 1995

Memberships

American Bar Association, Section of Business Law

Chicago Bar Association

Illinois State Bar Association

Dan Baker is a partner in the firm’s Banking and Financial Services Department and is a member of the Commercial Lending Practice Group. He has been practicing law since joining Chapman and Cutler LLP in 1995.

Dan’s practice consists primarily of advising banks and other financial institutions in documenting and structuring secured and unsecured loans. His experience includes asset-based financings, cash flow loans, working capital revolving credit financings, real estate finance transactions and cross-border credits. He has also represented lenders in numerous out-of-court workouts and restructurings in diverse industries such as transportation, food, real estate and technology.

Representative Transactions

  • Counsel to agent bank in connection with an $80 million construction loan to finance a luxury apartment building near Miami, Florida
  • Counsel to the lender in connection with up to $35 million credit facilities to a back office service provider to veterinarians
  • Counsel to a lender in connection with a $45 million floor plan loan to a truck lessor
  • Counsel to the agent bank in connection with a $54 million construction loan to finance a luxury apartment building in Atlanta, Georgia
  • Counsel to the lender in connection with a $34 million construction loan to a developer of student housing in Colorado Springs, Colorado
  • Counsel to the agent bank in connection with $43 million term, revolving, and bond L/C credit facilities to a prominent global architecture firm
  • Counsel to an asset-based lender in connection with $28 million acquisition and working capital credit facilities to a specialty steel manufacturer
  • Counsel to agent bank in connection with a $215 million secured credit facility to a domestic chocolate manufacturer
  • Counsel to agent bank for a $30 million acquisition credit facility to a portfolio company of a private equity firm that provides data solutions to non-profits which enabled them to make a follow-on acquisition of a company providing fundraising programs for non-profits
  • Counsel to agent bank in connection with restructuring a borrower’s Canadian income producing security (IPS) capital structure into one that uses intercompany preferred stock to achieve a similar payout for the shareholders and similar benefits for the company
  • Counsel to a bank in a $10 million asset-based revolving credit facility to a specialty meat distributor with a bifurcated collateral structure
  • Counsel in a $35 million asset-based revolver to an innovative packaging company
  • Counsel to a foreign bank in connection with $18 million acquisition and working capital credit facilities to finance a private equity fund’s acquisition of a pet products company
  • Counsel to bank in connection with a workout of a $13 million construction loan which funded the construction of a corporate headquarters for a specialty landscaping company
  • Counsel to US administrative agent and US security agent in connection with $90 million cross-border credit facilities to a vertically integrated organic food company
  • Local counsel to various Canadian and other foreign banks in connection with U.S. security and other issues