| Biography | Dennis B. Arnold is a partner in the Los Angeles office of Gibson, Dunn & Crutcher and a member of the firm's Real Estate Department, Global Finance Group, and Business Restructuring and Reorganization Group. He has had extensive experience in all aspects of commercial and residential real estate and finance, as well as workouts, bankruptcy and debt restructure and is a nationally recognized expert in real estate, finance, insolvency and commercial law, including significant expertise in UCC remedies and mezzanine loan foreclosures. His primary areas of concentration include real estate, banking and finance, commercial law (including Articles 3, 5 and 9 of the Uniform Commercial Code), workouts, bankruptcy and debt restructure. Mr. Arnold is also a noted authority on California's "one action" and "anti-deficiency" laws and successfully briefed and argued the seminal Wozab, Western Security Bank and Union Bank v. Dreyfuss cases before the California Supreme Court. He is also a recognized authority on secured transactions, the law of guaranties and letters of credit. Mr. Arnold received his J.D. degree from Yale Law School in 1975. He has lectured extensively for many organizations, including the American College of Real Estate Lawyers, the American Bar Association, the Practicing Law Institute, California CEB, the Real Property Section and the Commercial Law and Bankruptcy Section of the Los Angeles County Bar Association, the California Bankers Association, the Banking Law Institute and The Financial Lawyers Conference. He is a member of The American Law Institute, the American College of Real Estate Lawyers and the Board of Governors of The Financial Lawyers Conference and a former member of the Executive Committees of both the Commercial Law and Bankruptcy Section of the Los Angeles County Bar Association and the Real Property Section of the Los Angeles County Bar Association. Mr. Arnold also regularly conducts seminars for the Justices of the Second District Court of Appeal and the judges of the Los Angeles County Superior Court on California's "one action" and "anti-deficiency" laws. He is the author of "Guaranties of Indebtedness under California Law: Issues in Drafting and Enforcement" (California Real Property Journal, Spring, 1983), "Anti-Deficiency in the Eighties: The Sanction Aspect, Fair Value and Where The Action Is (And Isn't)" (California Real Property Journal, Spring, 1987), co-author of "The U.C.C. Mixed Collateral Statute -- Has Paradise Really Been Lost" 36 U.C.L.A. Rev. 1 (1988), co-author of "Western Security Bank Case Clouds Use of Letters of Credit As Security Enhancement" (California Real Property Journal, Summer, 1993) and author of "Western Security Bank, Part Deux: The Empire Strikes Out" (California Real Property Journal, Winter, 1994). Mr. Arnold also acted as an Advisor to The American Law Institute on the Restatement of the Law, Third, Suretyship and Guaranty (ALI 1996) published by The American Law Institute and drafted California Civil Code Section 2856. |