Daniel Passage

Partner

Dan Passage is a partner in O’Melveny’s Los Angeles office. He is a member of the Strategy Committee and has served as Chair of the Securitization Practice Group, Co-Chair of the Corporate Finance Practice Group and Chair of the Los Angeles Employment Committee. Dan has represented issuers and underwriters in public offerings and private placements since 1992. Dan specializes in securitization and structured finance. He has received national recognition for his significant experience in the areas of securitization and structured finance- The Legal 500 US (2009) cites him as a leading lawyer in its Structured Finance: Securitization category, describing him as having "a strong understanding of his practice area," and praising his ability to "develop constructive solutions."

 

Dan has been involved in offerings conducted in Europe and Asia, including offerings of securities listed on foreign securities exchanges and denominated and payable in foreign currencies, and offerings utilizing offshore entities to achieve tax and other investment objectives. He has represented issuers, underwriters, and financial institutions in structuring programs for the origination, financing, and securitization of the following asset classes:

 

• Life Settlements
• Premium Finance Loans
• Annuities
• Digital Cinema “Virtual Print Fees” and Equipment Lease Payables
• Patent and Trademark License Royalties
• Trade Receivables (Including Energy Receivables)
• Automobile Leases, Sales Contracts and Dealer Floorplan Receivables
• CBOs/CLOs
• Servicing Fees and Excess Spread
• Home Equity Loans
• Commercial Mortgages
• Residential Mortgages
• Manufactured Housing and Mobile Home Sales Contracts
• Credit Card Receivables
• Timeshare Receivables

 

Dan also has worked on IPOs and secondary offerings of common stock for U.S. corporations, domestic and foreign corporate debt issuances (including convertible debt offerings), and MTN programs. Dan also has represented start-up stage companies in connection with their early rounds of financing and general corporate matters.

 

Dan regularly speaks at industry conferences and participates in webinars on legal issues in the life settlements and insurance linked products industries, is often quoted by and has published articles in relevant industry periodicals.

Professional Activities

Member, New York Bar Association; California Bar Association; ABA, Business Section